Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.46% | -0.23 | 1.69% |
| Return on Equity (%) | ▼ | 11.85% | -2.33 | 14.18% |
| Net Interest Margin (%) | ▼ | 5.11% | -0.05 | 5.16% |
| Efficiency Ratio (%) | ▼ | 56.55% | +1.22 | 55.33% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.14 | $2 |
| Cost of Funds (%) | ▲ | 2.32% | -0.44 | 2.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $445 | +45.76 | $400 |
| Gross Loans ($M) | ▲ | $360 | +60.65 | $300 |
| Loan Growth YoY (%) | ▲ | 94.84% | +8.92 | 85.92% |
| Total Deposits ($M) | ▲ | $376 | +31.27 | $345 |
| Shareholders Equity ($M) | ▲ | $54 | +4.93 | $49 |
| Tang. Book Value ($M) | ▲ | $54 | +4.93 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $55 | +4.91 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 94.84% | +8.92 | 85.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.03 | 0.28% |
| Allowance / Loans (%) | — | 0.92% | -0.11% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.01 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.35% | -1.94 | 16.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▁▁▁▂▁ | Net Interest Margin (%) | 5.82% | 5.77% | 5.13% | 5.16% | 5.16% | 5.14% | 5.28% | 5.11% |
| ██▄▃▃▂▄▁ | Return on Assets (%) | 2.07% | 2.00% | 1.76% | 1.69% | 1.63% | 1.55% | 1.76% | 1.46% |
| ▁▁▄▆▆█▄▇ | Efficiency Ratio (%) | 50.7% | 50.7% | 54.0% | 55.3% | 55.6% | 58.1% | 53.7% | 56.6% |
| ██▇█▆▅▁▁ | Cost of Funds (%) | 2.72% | 2.71% | 2.64% | 2.76% | 2.59% | 2.53% | 2.27% | 2.32% |
| ▂▁▄▂▁██▂ | NPA / Assets (%) | 0.29% | 0.21% | 0.45% | 0.28% | 0.17% | 0.90% | 0.85% | 0.31% |
| ▁▁█▄▁▄▃▄ | Net Charge-Off Ratio (%) | 0.26% | 0.27% | 0.59% | 0.38% | 0.23% | 0.39% | 0.35% | 0.39% |
| ▁▁▂▄▆▆██ | Tang. Book Value ($M) | $46 | $46 | $48 | $49 | $51 | $51 | $53 | $54 |
| ▁▂▁▁▁▁▅█ | Gross Loans ($M) | $304 | $308 | $300 | $300 | $303 | $306 | $333 | $360 |
| ▁▄▅▄▄▆▇█ | Total Deposits ($M) | $320 | $343 | $355 | $345 | $348 | $357 | $369 | $376 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 29% |
| Agricultural | 2% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 28% |