Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.66 | 1.35% |
| Return on Equity (%) | ▲ | 22.16% | +7.33 | 14.83% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.05 | 4.29% |
| Efficiency Ratio (%) | ▲ | 52.79% | -10.61 | 63.40% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.40 | $1 |
| Cost of Funds (%) | ▲ | 1.51% | -0.05 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $342 | +21.08 | $320 |
| Gross Loans ($M) | ▲ | $209 | +16.78 | $193 |
| Loan Growth YoY (%) | ▲ | 67.40% | +1.57 | 65.83% |
| Total Deposits ($M) | ▲ | $306 | +17.88 | $288 |
| Shareholders Equity ($M) | ▲ | $32 | +3.20 | $29 |
| Tang. Book Value ($M) | ▲ | $29 | +3.41 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +4.33 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 67.40% | +1.57 | 65.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.82% | -0.18 | 1.00% |
| Allowance / Loans (%) | — | 1.46% | -0.02% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 1.33% | -0.29 | 1.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.71 | 12.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▅▆██▇▇ | Net Interest Margin (%) | 4.06% | 3.94% | 4.24% | 4.29% | 4.38% | 4.42% | 4.31% | 4.34% |
| ▃▁▃▃▅▆██ | Return on Assets (%) | 1.22% | 0.94% | 1.27% | 1.35% | 1.60% | 1.64% | 2.05% | 2.01% |
| ▆██▇▄▄▁▁ | Efficiency Ratio (%) | 62.8% | 67.1% | 65.8% | 63.4% | 58.3% | 57.7% | 51.6% | 52.8% |
| ▂█▃▂▂▁▁▁ | Cost of Funds (%) | 1.63% | 2.28% | 1.64% | 1.56% | 1.55% | 1.51% | 1.42% | 1.51% |
| ▇██▇██▁▅ | NPA / Assets (%) | 0.98% | 1.15% | 1.10% | 1.00% | 1.08% | 1.06% | 0.43% | 0.82% |
| ▇██▇▇▇▁▅ | Net Charge-Off Ratio (%) | 1.59% | 1.89% | 1.80% | 1.62% | 1.63% | 1.64% | 0.62% | 1.33% |
| ▁▃▅▅▇▇▇█ | Tang. Book Value ($M) | $20 | $23 | $25 | $25 | $27 | $27 | $27 | $29 |
| ▁▅▆▆▇███ | Gross Loans ($M) | $150 | $184 | $190 | $193 | $202 | $203 | $208 | $209 |
| ▁▄▅▆▆▇█▇ | Total Deposits ($M) | $217 | $271 | $281 | $288 | $290 | $301 | $325 | $306 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 11% |
| Agricultural | 12% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 6% |