Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.42% | -0.01 | 1.42% |
| Return on Equity (%) | ▼ | 8.27% | -6.47 | 14.74% |
| Net Interest Margin (%) | ▲ | 4.82% | +0.73 | 4.08% |
| Efficiency Ratio (%) | ▲ | 48.60% | -12.23 | 60.83% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.16 | $2 |
| Cost of Funds (%) | ▲ | 0.38% | -0.00 | 0.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $554 | +49.08 | $505 |
| Gross Loans ($M) | ▼ | $194 | -14.00 | $208 |
| Loan Growth YoY (%) | ▼ | 42.33% | -3.35 | 45.68% |
| Total Deposits ($M) | ▲ | $454 | +2.97 | $451 |
| Shareholders Equity ($M) | ▲ | $98 | +46.20 | $52 |
| Tang. Book Value ($M) | ▲ | $56 | +4.88 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +2.33 | $62 |
| Loan / Deposit Ratio (%) | ▼ | 42.33% | -3.35 | 45.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.03 | 0.20% |
| Allowance / Loans (%) | — | 1.16% | -0.00% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.16 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.57% | +2.72 | 16.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▇▇▇▇▁██ | Net Interest Margin (%) | 3.60% | 3.82% | 3.96% | 4.08% | 4.06% | 0.00% | 4.74% | 4.82% |
| ▇█▇██▁██ | Return on Assets (%) | 1.20% | 1.35% | 1.22% | 1.42% | 1.45% | 0.00% | 1.39% | 1.42% |
| █████▁▇▇ | Efficiency Ratio (%) | 58.8% | 57.1% | 63.6% | 60.8% | 59.5% | 0.0% | 49.1% | 48.6% |
| █▇▇▇▇▁▇▇ | Cost of Funds (%) | 0.82% | 0.47% | 0.41% | 0.39% | 0.37% | -1.07% | 0.43% | 0.38% |
| ███▃▂▂▁▄ | NPA / Assets (%) | 0.36% | 0.37% | 0.36% | 0.20% | 0.19% | 0.18% | 0.13% | 0.22% |
| ███▂▂▂▁▄ | Net Charge-Off Ratio (%) | 0.90% | 0.87% | 0.92% | 0.47% | 0.51% | 0.50% | 0.38% | 0.63% |
| ▁▁▂▄▇▅▇█ | Tang. Book Value ($M) | $47 | $47 | $49 | $51 | $54 | $52 | $54 | $56 |
| ██▃▅▄▃▂▁ | Gross Loans ($M) | $221 | $220 | $202 | $208 | $207 | $204 | $198 | $194 |
| █▄▂▁█▄▃▁ | Total Deposits ($M) | $499 | $471 | $461 | $451 | $503 | $475 | $470 | $454 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 11% |
| Agricultural | 6% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 70% |