Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.25 | 1.44% |
| Return on Equity (%) | ▲ | 16.94% | +2.34 | 14.60% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.28 | 3.55% |
| Efficiency Ratio (%) | ▲ | 53.57% | -3.37 | 56.95% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.37 | $2 |
| Cost of Funds (%) | ▲ | 2.08% | -0.20 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $560 | +42.76 | $517 |
| Gross Loans ($M) | ▲ | $431 | +20.86 | $410 |
| Loan Growth YoY (%) | ▼ | 88.22% | -3.06 | 91.27% |
| Total Deposits ($M) | ▲ | $483 | +38.43 | $445 |
| Shareholders Equity ($M) | ▲ | $57 | +4.10 | $53 |
| Tang. Book Value ($M) | ▲ | $56 | +4.13 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +4.19 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 88.22% | -3.06 | 91.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.21 | 0.44% |
| Allowance / Loans (%) | — | 1.15% | 0.08% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.30% | -0.26 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▄▆▇▇█ | Net Interest Margin (%) | 3.54% | 3.51% | 3.28% | 3.55% | 3.65% | 3.71% | 3.72% | 3.82% |
| ▃▃▁▄▅▅▆█ | Return on Assets (%) | 1.39% | 1.39% | 1.22% | 1.44% | 1.50% | 1.46% | 1.53% | 1.69% |
| ▆▆█▅▄▄▃▁ | Efficiency Ratio (%) | 57.9% | 58.1% | 60.2% | 56.9% | 56.2% | 56.6% | 55.5% | 53.6% |
| ▅▆▅█▇▄▁▃ | Cost of Funds (%) | 2.16% | 2.17% | 2.15% | 2.28% | 2.21% | 2.11% | 1.96% | 2.08% |
| ██▆▇▂▁▁▃ | NPA / Assets (%) | 0.47% | 0.50% | 0.40% | 0.44% | 0.17% | 0.11% | 0.15% | 0.23% |
| ██▇▇▂▁▂▃ | Net Charge-Off Ratio (%) | 0.60% | 0.66% | 0.55% | 0.56% | 0.22% | 0.13% | 0.20% | 0.30% |
| ▂▁▃▅▆▅▇█ | Tang. Book Value ($M) | $49 | $48 | $50 | $52 | $53 | $52 | $54 | $56 |
| ▁▂▂▆▆███ | Gross Loans ($M) | $368 | $381 | $380 | $410 | $413 | $430 | $431 | $431 |
| ▁▄▅▄▄▆██ | Total Deposits ($M) | $401 | $440 | $455 | $445 | $436 | $461 | $493 | $483 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 15% |
| Agricultural | 15% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 18% |