Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.37 | 0.74% |
| Return on Equity (%) | ▲ | 12.44% | +3.05 | 9.39% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.26 | 3.05% |
| Efficiency Ratio (%) | ▲ | 59.05% | -8.73 | 67.78% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.44 | $1 |
| Cost of Funds (%) | ▲ | 2.01% | -0.22 | 2.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $471 | +5.55 | $465 |
| Gross Loans ($M) | ▲ | $304 | +3.55 | $300 |
| Loan Growth YoY (%) | ▼ | 79.17% | -8.11 | 87.29% |
| Total Deposits ($M) | ▲ | $379 | +39.25 | $340 |
| Shareholders Equity ($M) | ▲ | $43 | +5.19 | $38 |
| Tang. Book Value ($M) | ▲ | $40 | +5.19 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +4.69 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 79.17% | -8.11 | 87.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.05 | 0.14% |
| Allowance / Loans (%) | — | 1.34% | -0.01% | 1.35% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.00 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.83% | +0.29 | 15.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▆██ | Net Interest Margin (%) | 2.57% | 2.64% | 2.98% | 3.05% | 3.07% | 3.12% | 3.25% | 3.31% |
| ▁▁▁▃▄▄▆█ | Return on Assets (%) | 0.60% | 0.62% | 0.61% | 0.74% | 0.82% | 0.81% | 0.94% | 1.11% |
| ███▅▄▅▂▁ | Efficiency Ratio (%) | 73.5% | 73.2% | 72.6% | 67.8% | 65.5% | 67.4% | 62.5% | 59.1% |
| █▆▄▄▄▂▁▁ | Cost of Funds (%) | 2.61% | 2.43% | 2.20% | 2.23% | 2.24% | 2.10% | 1.94% | 2.01% |
| ▄▅▄▂█▅▁▁ | NPA / Assets (%) | 0.18% | 0.23% | 0.20% | 0.14% | 0.35% | 0.24% | 0.08% | 0.10% |
| ▅█▆▂█▄▁▂ | Net Charge-Off Ratio (%) | 0.22% | 0.30% | 0.24% | 0.15% | 0.28% | 0.21% | 0.12% | 0.15% |
| ▅▁▂▃▆█▇█ | Tang. Book Value ($M) | $36 | $32 | $34 | $35 | $37 | $39 | $38 | $40 |
| ▄▁▂▆█▆▆█ | Gross Loans ($M) | $295 | $288 | $291 | $300 | $306 | $301 | $301 | $304 |
| ▂▃▂▁▃▇█▇ | Total Deposits ($M) | $347 | $355 | $349 | $340 | $351 | $374 | $385 | $379 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 5% |
| Agricultural | 9% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 20% |