Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.33% | -0.43 | 0.76% |
| Return on Equity (%) | ▼ | 3.45% | -4.38 | 7.83% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.13 | 4.07% |
| Efficiency Ratio (%) | ▼ | 81.45% | +6.55 | 74.90% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.97% | -0.13 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $277 | +30.95 | $246 |
| Gross Loans ($M) | ▲ | $225 | +26.82 | $198 |
| Loan Growth YoY (%) | ▲ | 98.30% | +4.80 | 93.50% |
| Total Deposits ($M) | ▲ | $226 | +16.22 | $210 |
| Shareholders Equity ($M) | ▲ | $25 | +1.44 | $24 |
| Tang. Book Value ($M) | ▲ | $21 | +1.61 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +1.69 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 98.30% | +4.80 | 93.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.41% | -0.06 | 1.47% |
| Allowance / Loans (%) | — | 1.10% | 0.26% | 0.84% |
| Net Charge-Off Ratio (%) | ▲ | 1.74% | -0.09 | 1.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.67% | -0.55 | 10.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆███ | Net Interest Margin (%) | 3.71% | 3.76% | 3.98% | 4.07% | 4.07% | 4.24% | 4.21% | 4.21% |
| ▇▇███▇▁▅ | Return on Assets (%) | 0.59% | 0.61% | 0.72% | 0.76% | 0.68% | 0.64% | -0.17% | 0.33% |
| ▃▃▂▁▂▁█▅ | Efficiency Ratio (%) | 79.4% | 78.7% | 76.6% | 74.9% | 77.5% | 75.5% | 86.8% | 81.4% |
| ██▃▄▃▂▁▁ | Cost of Funds (%) | 2.29% | 2.32% | 2.07% | 2.11% | 2.08% | 2.02% | 1.97% | 1.97% |
| █▇█▆▆▁▃▃ | NPA / Assets (%) | 1.54% | 1.51% | 1.55% | 1.47% | 1.48% | 1.33% | 1.41% | 1.41% |
| ▇██▆█▁▂▂ | Net Charge-Off Ratio (%) | 1.86% | 1.90% | 1.90% | 1.83% | 1.89% | 1.69% | 1.74% | 1.74% |
| ▁▁▂▃██▇█ | Tang. Book Value ($M) | $19 | $19 | $19 | $20 | $21 | $22 | $21 | $21 |
| ▂▁▁▁▂▃▅█ | Gross Loans ($M) | $201 | $194 | $196 | $198 | $199 | $205 | $213 | $225 |
| ▁▃▁▃▅▆▇█ | Total Deposits ($M) | $203 | $209 | $202 | $210 | $217 | $220 | $222 | $226 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 11% |
| Agricultural | 8% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 22% |