Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.60% | -0.28 | 1.88% |
| Return on Equity (%) | ▼ | 15.25% | -3.25 | 18.50% |
| Net Interest Margin (%) | ▼ | 4.22% | -0.43 | 4.65% |
| Efficiency Ratio (%) | ▼ | 59.69% | +4.18 | 55.52% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.18 | $2 |
| Cost of Funds (%) | ▲ | 1.38% | -0.16 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $351 | +37.49 | $313 |
| Gross Loans ($M) | ▼ | $209 | -22.09 | $231 |
| Loan Growth YoY (%) | ▼ | 65.90% | -15.78 | 81.68% |
| Total Deposits ($M) | ▲ | $313 | +34.00 | $279 |
| Shareholders Equity ($M) | ▲ | $37 | +3.48 | $33 |
| Tang. Book Value ($M) | ▲ | $37 | +3.48 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +5.31 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 65.90% | -15.78 | 81.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.69% | +0.19 | 1.50% |
| Allowance / Loans (%) | — | 1.15% | -0.09% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 2.58% | +0.81 | 1.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅███▁▁ | Net Interest Margin (%) | 4.66% | 4.68% | 4.47% | 4.65% | 4.71% | 4.67% | 4.18% | 4.22% |
| █▆▅▅▇▅▁▂ | Return on Assets (%) | 2.20% | 1.96% | 1.86% | 1.88% | 2.01% | 1.86% | 1.43% | 1.60% |
| ▁▄▃▁▁▅█▆ | Efficiency Ratio (%) | 54.8% | 58.0% | 57.1% | 55.5% | 55.1% | 59.0% | 62.0% | 59.7% |
| █▇▄▄▄▄▁▁ | Cost of Funds (%) | 1.73% | 1.68% | 1.54% | 1.54% | 1.51% | 1.54% | 1.40% | 1.38% |
| ▁▆█▆▇█▇▇ | NPA / Assets (%) | 0.70% | 1.44% | 1.87% | 1.50% | 1.67% | 1.83% | 1.60% | 1.69% |
| ▁▅█▅▇███ | Net Charge-Off Ratio (%) | 0.90% | 1.92% | 2.48% | 1.77% | 2.18% | 2.40% | 2.41% | 2.58% |
| ▂▁▃▄▇▆▇█ | Tang. Book Value ($M) | $32 | $31 | $32 | $33 | $35 | $35 | $36 | $37 |
| ██▅▇▆▂▁▁ | Gross Loans ($M) | $237 | $234 | $224 | $231 | $226 | $214 | $208 | $209 |
| ▁▂▁▁▂▄▇█ | Total Deposits ($M) | $282 | $286 | $282 | $279 | $286 | $292 | $307 | $313 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 12% |
| Agricultural | 10% |
| Consumer | 7% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 11% |