Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.04% | +0.06 | 1.98% |
| Return on Equity (%) | ▼ | 15.01% | -0.04 | 15.05% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.14 | 3.97% |
| Efficiency Ratio (%) | ▲ | 33.30% | -0.00 | 33.30% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.20 | $4 |
| Cost of Funds (%) | ▲ | 2.50% | -0.31 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $667 | +39.34 | $628 |
| Gross Loans ($M) | ▲ | $456 | +11.74 | $444 |
| Loan Growth YoY (%) | ▼ | 79.33% | -4.84 | 84.17% |
| Total Deposits ($M) | ▲ | $567 | +46.77 | $520 |
| Shareholders Equity ($M) | ▲ | $92 | +7.56 | $84 |
| Tang. Book Value ($M) | ▲ | $92 | +7.56 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +7.94 | $88 |
| Loan / Deposit Ratio (%) | ▼ | 79.33% | -4.84 | 84.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.59% | +0.42 | 1.16% |
| Allowance / Loans (%) | — | 1.31% | -0.08% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 2.12% | +0.60 | 1.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.51% | +1.11 | 23.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▄▁▃▇███ | Net Interest Margin (%) | 3.94% | 3.98% | 3.88% | 3.97% | 4.09% | 4.09% | 4.12% | 4.11% |
| ▁▁▁▃█▆█▆ | Return on Assets (%) | 1.93% | 1.92% | 1.94% | 1.98% | 2.09% | 2.05% | 2.08% | 2.04% |
| ▆██▆▁▁▃▆ | Efficiency Ratio (%) | 33.4% | 34.2% | 34.4% | 33.3% | 31.4% | 31.4% | 32.4% | 33.3% |
| ██▇▇▄▃▁▁ | Cost of Funds (%) | 2.87% | 2.85% | 2.79% | 2.81% | 2.67% | 2.63% | 2.52% | 2.50% |
| ▅▅▆▁█▄▅▆ | NPA / Assets (%) | 1.56% | 1.53% | 1.60% | 1.16% | 1.80% | 1.44% | 1.52% | 1.59% |
| ▅▅▇▁█▄▅▆ | Net Charge-Off Ratio (%) | 1.99% | 2.05% | 2.25% | 1.51% | 2.46% | 1.93% | 2.03% | 2.12% |
| ▁▂▁▃▆█▆█ | Tang. Book Value ($M) | $80 | $83 | $81 | $84 | $88 | $91 | $88 | $92 |
| ▄▅▃▁▂█▅▅ | Gross Loans ($M) | $453 | $455 | $449 | $444 | $447 | $463 | $454 | $456 |
| ▁▂▅▄▅▆██ | Total Deposits ($M) | $479 | $496 | $526 | $520 | $533 | $546 | $573 | $567 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 14% |