Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.94% | +0.24 | 1.71% |
| Return on Equity (%) | ▲ | 17.37% | +1.76 | 15.61% |
| Net Interest Margin (%) | ▲ | 5.03% | +0.10 | 4.93% |
| Efficiency Ratio (%) | ▲ | 54.78% | -5.21 | 59.99% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.57 | $3 |
| Cost of Funds (%) | ▲ | 1.70% | -0.22 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $694 | +43.28 | $651 |
| Gross Loans ($M) | ▲ | $615 | +44.97 | $570 |
| Loan Growth YoY (%) | ▼ | 110.73% | -2.18 | 112.91% |
| Total Deposits ($M) | ▲ | $550 | +49.79 | $500 |
| Shareholders Equity ($M) | ▲ | $78 | +5.48 | $72 |
| Tang. Book Value ($M) | ▲ | $68 | +5.95 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +5.74 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 110.73% | -2.18 | 112.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.51% | +0.28 | 0.23% |
| Allowance / Loans (%) | — | 1.05% | 0.05% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.31 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.47% | +0.21 | 10.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▄▄█▇ | Net Interest Margin (%) | 4.74% | 4.81% | 4.88% | 4.93% | 4.90% | 4.88% | 5.07% | 5.03% |
| ▁▂▃▆▄▅▆█ | Return on Assets (%) | 1.28% | 1.39% | 1.50% | 1.71% | 1.59% | 1.69% | 1.74% | 1.94% |
| █▇▇▄▄▃▃▁ | Efficiency Ratio (%) | 68.3% | 66.3% | 66.1% | 60.0% | 60.1% | 59.0% | 58.8% | 54.8% |
| ██▂▂▃▃▁▁ | Cost of Funds (%) | 2.61% | 2.55% | 1.87% | 1.92% | 1.99% | 1.96% | 1.73% | 1.70% |
| ▁▃▆▃▄▁▆█ | NPA / Assets (%) | 0.14% | 0.25% | 0.39% | 0.23% | 0.28% | 0.15% | 0.38% | 0.51% |
| ▁▃▆▃▄▁▆█ | Net Charge-Off Ratio (%) | 0.16% | 0.29% | 0.46% | 0.27% | 0.32% | 0.18% | 0.43% | 0.58% |
| ▁▃▅▅▇███ | Tang. Book Value ($M) | $53 | $58 | $61 | $62 | $64 | $67 | $67 | $68 |
| ▁▃▂▄▆▇▆█ | Gross Loans ($M) | $531 | $553 | $544 | $570 | $594 | $604 | $592 | $615 |
| ▁▅▆▄▄▇█▇ | Total Deposits ($M) | $434 | $511 | $531 | $500 | $503 | $551 | $572 | $550 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 33% |
| C&I / Commercial | 12% |
| Agricultural | 53% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 13% |