Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.09% | +0.12 | 1.97% |
| Return on Equity (%) | ▼ | 21.54% | -1.04 | 22.58% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.27 | 3.63% |
| Efficiency Ratio (%) | ▲ | 43.19% | -2.79 | 45.98% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.40 | $2 |
| Cost of Funds (%) | ▲ | 1.78% | -0.13 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $416 | +24.88 | $391 |
| Gross Loans ($M) | ▲ | $302 | +46.31 | $256 |
| Loan Growth YoY (%) | ▲ | 82.06% | +9.52 | 72.54% |
| Total Deposits ($M) | ▲ | $362 | +15.41 | $346 |
| Shareholders Equity ($M) | ▲ | $41 | +5.14 | $36 |
| Tang. Book Value ($M) | ▲ | $41 | +5.14 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +4.66 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 82.06% | +9.52 | 72.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.61% | -0.06 | 0.67% |
| Allowance / Loans (%) | — | 1.80% | -0.05% | 1.85% |
| Net Charge-Off Ratio (%) | ▲ | 0.84% | -0.18 | 1.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.03% | -0.72 | 14.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▆██ | Net Interest Margin (%) | 3.07% | 3.18% | 3.56% | 3.63% | 3.67% | 3.68% | 3.80% | 3.89% |
| ▁▂▆▇▇▆▇█ | Return on Assets (%) | 1.33% | 1.42% | 1.90% | 1.97% | 1.93% | 1.82% | 1.96% | 2.09% |
| ██▄▃▃▃▁▁ | Efficiency Ratio (%) | 52.8% | 51.9% | 46.8% | 46.0% | 46.3% | 46.4% | 43.8% | 43.2% |
| ██▃▃▄▄▁▁ | Cost of Funds (%) | 2.41% | 2.35% | 1.94% | 1.91% | 2.03% | 1.99% | 1.73% | 1.78% |
| █▂▂▄▁▁▁▄ | NPA / Assets (%) | 1.11% | 0.39% | 0.37% | 0.67% | 0.35% | 0.26% | 0.34% | 0.61% |
| █▂▂▄▁▁▁▃ | Net Charge-Off Ratio (%) | 1.72% | 0.64% | 0.58% | 1.02% | 0.51% | 0.40% | 0.49% | 0.84% |
| ▂▁▃▄▆▇▇█ | Tang. Book Value ($M) | $34 | $32 | $34 | $36 | $39 | $40 | $40 | $41 |
| ▂▁▁▂▄▅▅█ | Gross Loans ($M) | $258 | $246 | $247 | $256 | $273 | $277 | $280 | $302 |
| ▄▅▁▂▁█▅▆ | Total Deposits ($M) | $353 | $358 | $343 | $346 | $343 | $369 | $357 | $362 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 30% |
| C&I / Commercial | 23% |
| Agricultural | 43% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 23% |