Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.05 | 1.24% |
| Return on Equity (%) | ▼ | 15.83% | -1.02 | 16.85% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.07 | 3.67% |
| Efficiency Ratio (%) | ▲ | 60.40% | -0.15 | 60.55% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.06 | $2 |
| Cost of Funds (%) | ▲ | 1.69% | -0.13 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $486 | +2.64 | $483 |
| Gross Loans ($M) | ▼ | $303 | -1.07 | $305 |
| Loan Growth YoY (%) | ▼ | 68.13% | -2.29 | 70.42% |
| Total Deposits ($M) | ▲ | $437 | +12.34 | $425 |
| Shareholders Equity ($M) | ▲ | $43 | +5.53 | $37 |
| Tang. Book Value ($M) | ▲ | $39 | +5.52 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +5.22 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 68.13% | -2.29 | 70.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.09 | 0.15% |
| Allowance / Loans (%) | — | 1.82% | 0.09% | 1.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.15 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.98% | +1.32 | 11.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇▇█▄█ | Net Interest Margin (%) | 3.38% | 3.43% | 3.56% | 3.67% | 3.67% | 3.71% | 3.54% | 3.74% |
| ▁▂▅▇▇▄▇█ | Return on Assets (%) | 1.02% | 1.07% | 1.18% | 1.24% | 1.22% | 1.15% | 1.24% | 1.29% |
| █▇▃▂▂▁▁▂ | Efficiency Ratio (%) | 68.8% | 67.1% | 61.7% | 60.6% | 60.4% | 60.3% | 59.2% | 60.4% |
| █▇▂▂▃▃▂▁ | Cost of Funds (%) | 2.24% | 2.14% | 1.83% | 1.82% | 1.87% | 1.85% | 1.80% | 1.69% |
| ▁▁▁▃██▇▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.15% | 0.40% | 0.43% | 0.36% | 0.24% |
| ▁▁▁▃███▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.23% | 0.64% | 0.73% | 0.65% | 0.38% |
| ▂▁▂▃▅▅▇█ | Tang. Book Value ($M) | $32 | $30 | $32 | $33 | $35 | $35 | $37 | $39 |
| ██▇██▅▁▇ | Gross Loans ($M) | $306 | $305 | $304 | $305 | $306 | $298 | $288 | $303 |
| ▁▂▂▁▅▇█▄ | Total Deposits ($M) | $428 | $431 | $429 | $425 | $440 | $448 | $453 | $437 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 53% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 10% |