Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.14% | -0.15 | 1.30% |
| Return on Equity (%) | ▼ | 9.04% | -1.39 | 10.43% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.61 | 3.87% |
| Efficiency Ratio (%) | ▲ | 53.62% | -11.68 | 65.30% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.57 | $2 |
| Cost of Funds (%) | ▲ | 1.44% | -0.17 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $617 | +22.38 | $594 |
| Gross Loans ($M) | ▲ | $461 | +57.63 | $404 |
| Loan Growth YoY (%) | ▲ | 87.50% | +10.53 | 76.98% |
| Total Deposits ($M) | ▲ | $516 | +1.83 | $514 |
| Shareholders Equity ($M) | ▼ | $75 | -1.08 | $76 |
| Tang. Book Value ($M) | ▼ | $74 | -1.01 | $75 |
| TBV excl. AOCI ($M)** | ▼ | $81 | -0.18 | $81 |
| Loan / Deposit Ratio (%) | ▲ | 87.50% | +10.53 | 76.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.27% | -0.20 | 1.47% |
| Allowance / Loans (%) | — | 2.09% | 0.17% | 1.92% |
| Net Charge-Off Ratio (%) | ▲ | 1.70% | -0.47 | 2.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.66% | -2.24 | 15.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▅▆██ | Net Interest Margin (%) | 3.53% | 3.60% | 3.82% | 3.87% | 4.10% | 4.20% | 4.46% | 4.47% |
| ▄▆██▁▂▆▇ | Return on Assets (%) | 0.94% | 1.06% | 1.30% | 1.30% | 0.59% | 0.71% | 1.10% | 1.14% |
| ████▆█▄▁ | Efficiency Ratio (%) | 66.1% | 65.3% | 65.2% | 65.3% | 61.9% | 65.4% | 59.5% | 53.6% |
| ██▆▅▂▂▁▂ | Cost of Funds (%) | 1.82% | 1.87% | 1.66% | 1.61% | 1.44% | 1.40% | 1.31% | 1.44% |
| █▇▆█▂▁▇▇ | NPA / Assets (%) | 1.35% | 1.28% | 1.13% | 1.47% | 0.53% | 0.26% | 1.21% | 1.27% |
| █▇▆█▂▁▆▆ | Net Charge-Off Ratio (%) | 2.09% | 1.82% | 1.62% | 2.17% | 0.79% | 0.36% | 1.64% | 1.70% |
| ▂▁▅▇▄▇█▅ | Tang. Book Value ($M) | $72 | $71 | $74 | $75 | $73 | $75 | $76 | $74 |
| ▂▃▃▁▂▅▅█ | Gross Loans ($M) | $412 | $425 | $421 | $404 | $415 | $435 | $437 | $461 |
| █▁▁▁▇▁▁▂ | Total Deposits ($M) | $550 | $514 | $511 | $514 | $544 | $514 | $515 | $516 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 43% |
| Agricultural | 9% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 7% |