Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.21 | 1.19% |
| Return on Equity (%) | ▲ | 10.02% | +0.34 | 9.68% |
| Net Interest Margin (%) | ▲ | 3.36% | +0.25 | 3.11% |
| Efficiency Ratio (%) | ▲ | 58.15% | -1.38 | 59.53% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.01 | $2 |
| Cost of Funds (%) | ▲ | 1.27% | -0.12 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $565 | +39.37 | $526 |
| Gross Loans ($M) | ▲ | $324 | +0.12 | $324 |
| Loan Growth YoY (%) | ▼ | 67.72% | -5.06 | 72.78% |
| Total Deposits ($M) | ▲ | $474 | +33.09 | $441 |
| Shareholders Equity ($M) | ▲ | $77 | +8.44 | $68 |
| Tang. Book Value ($M) | ▲ | $64 | +8.52 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +8.68 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 67.72% | -5.06 | 72.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.48% | -0.02 | 0.50% |
| Allowance / Loans (%) | — | 1.07% | 0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.83% | +0.02 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.33% | +0.87 | 17.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 2.74% | 2.79% | 2.97% | 3.11% | 3.17% | 3.24% | 3.38% | 3.36% |
| ▁▁▃▆▇▇██ | Return on Assets (%) | 0.71% | 0.74% | 0.92% | 1.19% | 1.25% | 1.25% | 1.36% | 1.40% |
| ██▇▂▁▁▃▁ | Efficiency Ratio (%) | 66.5% | 66.6% | 64.6% | 59.5% | 58.7% | 58.7% | 60.8% | 58.1% |
| ▇█▅▄▃▃▁▁ | Cost of Funds (%) | 1.54% | 1.58% | 1.43% | 1.40% | 1.36% | 1.34% | 1.25% | 1.27% |
| ▂▇██▅▁▄█ | NPA / Assets (%) | 0.20% | 0.42% | 0.48% | 0.50% | 0.36% | 0.16% | 0.29% | 0.48% |
| ▂▅▇█▅▁▄█ | Net Charge-Off Ratio (%) | 0.34% | 0.61% | 0.70% | 0.81% | 0.56% | 0.25% | 0.48% | 0.83% |
| ▃▁▂▃▆▇██ | Tang. Book Value ($M) | $56 | $52 | $54 | $56 | $61 | $62 | $63 | $64 |
| ▁▄▁▄█▂█▄ | Gross Loans ($M) | $323 | $325 | $322 | $324 | $327 | $323 | $327 | $324 |
| ▅▆▇▃▁▁▄█ | Total Deposits ($M) | $451 | $460 | $465 | $441 | $424 | $430 | $446 | $474 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 10% |
| Agricultural | 12% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |