Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.15% | +0.44 | 1.71% |
| Return on Equity (%) | ▲ | 20.35% | +2.90 | 17.45% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.44 | 3.27% |
| Efficiency Ratio (%) | ▲ | 43.46% | -2.50 | 45.96% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.92 | $4 |
| Cost of Funds (%) | ▲ | 2.31% | -0.40 | 2.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $801 | +53.25 | $747 |
| Gross Loans ($M) | ▲ | $730 | +67.36 | $663 |
| Loan Growth YoY (%) | ▲ | 104.40% | +5.32 | 99.08% |
| Total Deposits ($M) | ▲ | $693 | +30.26 | $662 |
| Shareholders Equity ($M) | ▲ | $85 | +9.52 | $76 |
| Tang. Book Value ($M) | ▲ | $82 | +9.32 | $73 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +9.31 | $75 |
| Loan / Deposit Ratio (%) | ▲ | 104.40% | +5.32 | 99.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.72% | -0.66 | 2.38% |
| Allowance / Loans (%) | — | 0.99% | -0.02% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 1.86% | -0.82 | 2.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.41% | +0.28 | 12.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▄██ | Net Interest Margin (%) | 2.76% | 2.79% | 3.16% | 3.27% | 3.46% | 3.20% | 3.60% | 3.71% |
| ▁▁▃▅▆▄██ | Return on Assets (%) | 1.25% | 1.28% | 1.53% | 1.71% | 1.88% | 1.66% | 2.04% | 2.15% |
| █▇▄▂▁▄▁▁ | Efficiency Ratio (%) | 53.9% | 52.6% | 47.7% | 46.0% | 44.0% | 47.6% | 44.5% | 43.5% |
| █▇▅▅▄▃▁▁ | Cost of Funds (%) | 2.94% | 2.84% | 2.67% | 2.70% | 2.62% | 2.52% | 2.34% | 2.31% |
| ▂▁▁█▅▅▆▅ | NPA / Assets (%) | 1.15% | 0.90% | 0.99% | 2.38% | 1.67% | 1.68% | 1.83% | 1.72% |
| ▂▁▁█▅▅▅▅ | Net Charge-Off Ratio (%) | 1.17% | 0.90% | 1.12% | 2.68% | 1.89% | 1.82% | 1.96% | 1.86% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $67 | $68 | $70 | $73 | $77 | $78 | $80 | $82 |
| ▁▂▂▂▄▇██ | Gross Loans ($M) | $646 | $663 | $661 | $663 | $679 | $710 | $720 | $730 |
| ▁▂▆▅▇▇██ | Total Deposits ($M) | $627 | $643 | $672 | $662 | $682 | $682 | $693 | $693 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 11% |
| Agricultural | 18% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |