Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.05% | -0.15 | 1.19% |
| Return on Equity (%) | ▼ | 10.45% | -2.61 | 13.06% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.17 | 3.12% |
| Efficiency Ratio (%) | ▼ | 63.06% | +0.56 | 62.50% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.92% | -0.11 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $381 | +6.47 | $375 |
| Gross Loans ($M) | ▲ | $259 | +4.55 | $255 |
| Loan Growth YoY (%) | ▼ | 78.96% | -2.32 | 81.28% |
| Total Deposits ($M) | ▲ | $325 | +14.80 | $310 |
| Shareholders Equity ($M) | ▲ | $39 | +2.85 | $36 |
| Tang. Book Value ($M) | ▲ | $39 | +2.91 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +3.05 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 78.96% | -2.32 | 81.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.40% | -0.09 | 0.49% |
| Allowance / Loans (%) | — | 1.10% | 0.00% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.60% | -0.13 | 0.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▅▆█ | Net Interest Margin (%) | 2.90% | 2.94% | 2.95% | 3.12% | 3.12% | 3.14% | 3.17% | 3.29% |
| ▁▁▄▇▅▃█▅ | Return on Assets (%) | 0.76% | 0.74% | 1.01% | 1.19% | 1.05% | 0.94% | 1.28% | 1.05% |
| ▇█▄▂▄▅▁▃ | Efficiency Ratio (%) | 68.6% | 69.9% | 64.5% | 62.5% | 64.2% | 66.3% | 60.7% | 63.1% |
| █▆▃▃▃▂▁▁ | Cost of Funds (%) | 2.30% | 2.21% | 2.02% | 2.04% | 2.05% | 2.00% | 1.95% | 1.92% |
| █▂▃▃▂▃▃▁ | NPA / Assets (%) | 0.73% | 0.47% | 0.51% | 0.49% | 0.47% | 0.51% | 0.50% | 0.40% |
| █▂▃▃▂▃▃▁ | Net Charge-Off Ratio (%) | 1.08% | 0.69% | 0.77% | 0.73% | 0.69% | 0.74% | 0.77% | 0.60% |
| ▃▁▂▅▆█▇█ | Tang. Book Value ($M) | $35 | $33 | $34 | $36 | $38 | $39 | $38 | $39 |
| ▄▅▁▃▃█▃▅ | Gross Loans ($M) | $258 | $262 | $246 | $255 | $256 | $272 | $253 | $259 |
| ▁▁▃▃▂██▆ | Total Deposits ($M) | $302 | $305 | $310 | $310 | $307 | $330 | $333 | $325 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 10% |
| Agricultural | 33% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 5% |