Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.05 | 1.51% |
| Return on Equity (%) | ▼ | 15.94% | -0.88 | 16.82% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.02 | 4.12% |
| Efficiency Ratio (%) | ▼ | 54.07% | +0.35 | 53.71% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.08 | $2 |
| Cost of Funds (%) | ▲ | 1.39% | -0.19 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $444 | +26.72 | $418 |
| Gross Loans ($M) | ▼ | $210 | -1.58 | $212 |
| Loan Growth YoY (%) | ▼ | 52.01% | -3.47 | 55.47% |
| Total Deposits ($M) | ▲ | $395 | +21.03 | $374 |
| Shareholders Equity ($M) | ▲ | $44 | +5.71 | $38 |
| Tang. Book Value ($M) | ▲ | $43 | +5.71 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +6.32 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 52.01% | -3.47 | 55.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.51% | +0.12 | 0.40% |
| Allowance / Loans (%) | — | 2.16% | 0.24% | 1.92% |
| Net Charge-Off Ratio (%) | ▼ | 1.09% | +0.30 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.74% | +1.70 | 20.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▁▄▆█▄▅ | Net Interest Margin (%) | 4.02% | 4.08% | 4.02% | 4.12% | 4.16% | 4.23% | 4.11% | 4.14% |
| ▃▁▅▇▆▄▇█ | Return on Assets (%) | 1.43% | 1.35% | 1.46% | 1.51% | 1.50% | 1.46% | 1.51% | 1.56% |
| ██▅▂▁▁▅▃ | Efficiency Ratio (%) | 57.1% | 56.7% | 55.5% | 53.7% | 53.3% | 53.0% | 55.1% | 54.1% |
| █▇▄▄▄▃▁▁ | Cost of Funds (%) | 1.83% | 1.73% | 1.61% | 1.58% | 1.59% | 1.55% | 1.40% | 1.39% |
| ▂▁▁▁▁▁█▃ | NPA / Assets (%) | 0.42% | 0.38% | 0.38% | 0.40% | 0.33% | 0.36% | 0.90% | 0.51% |
| ▁▁▁▁▁▁█▃ | Net Charge-Off Ratio (%) | 0.75% | 0.71% | 0.75% | 0.78% | 0.66% | 0.68% | 1.82% | 1.09% |
| ▄▁▃▄▇▆▇█ | Tang. Book Value ($M) | $38 | $34 | $36 | $38 | $41 | $41 | $42 | $43 |
| ▅▂▁▃▆█▇▁ | Gross Loans ($M) | $216 | $211 | $209 | $212 | $217 | $220 | $218 | $210 |
| ▁▃▄▅▆▅██ | Total Deposits ($M) | $340 | $356 | $365 | $374 | $380 | $370 | $394 | $395 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |