Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.12% | -0.06 | 2.18% |
| Return on Equity (%) | ▼ | 14.69% | -1.34 | 16.03% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.24 | 3.91% |
| Efficiency Ratio (%) | ▲ | 44.86% | -0.83 | 45.68% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.19 | $1 |
| Cost of Funds (%) | ▲ | 1.77% | -0.11 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $207 | +5.26 | $202 |
| Gross Loans ($M) | ▼ | $131 | -2.34 | $133 |
| Loan Growth YoY (%) | ▼ | 73.58% | -2.73 | 76.30% |
| Total Deposits ($M) | ▲ | $175 | +3.17 | $172 |
| Shareholders Equity ($M) | ▲ | $30 | +2.72 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +2.72 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.10 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 73.58% | -2.73 | 76.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.29% | +0.18 | 1.11% |
| Allowance / Loans (%) | — | 1.34% | 0.04% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 1.35% | -0.30 | 1.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇███ | Net Interest Margin (%) | 3.49% | 3.55% | 3.74% | 3.91% | 4.01% | 4.08% | 4.08% | 4.14% |
| ▁▁▂▆▇▆█▆ | Return on Assets (%) | 1.49% | 1.36% | 1.62% | 2.18% | 2.30% | 2.15% | 2.46% | 2.12% |
| ▅█▇▃▂▄▁▃ | Efficiency Ratio (%) | 48.8% | 53.3% | 50.6% | 45.7% | 44.4% | 46.3% | 41.4% | 44.9% |
| ▆█▅▃▃▃▁▁ | Cost of Funds (%) | 2.08% | 2.23% | 2.01% | 1.88% | 1.93% | 1.91% | 1.75% | 1.77% |
| ▁▄▃▄█▆█▆ | NPA / Assets (%) | 0.85% | 1.17% | 1.09% | 1.11% | 1.50% | 1.33% | 1.43% | 1.29% |
| ▁█▇█▇▁▇▃ | Net Charge-Off Ratio (%) | 1.25% | 1.66% | 1.61% | 1.65% | 1.60% | 1.29% | 1.59% | 1.35% |
| ▂▁▂▄▇▅▇█ | Tang. Book Value ($M) | $27 | $25 | $26 | $28 | $29 | $28 | $29 | $30 |
| ▁▆▇█▆█▆▅ | Gross Loans ($M) | $126 | $131 | $132 | $133 | $131 | $134 | $132 | $131 |
| ▁▁▄▆▅▄██ | Total Deposits ($M) | $158 | $159 | $167 | $172 | $169 | $166 | $178 | $175 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 7% |
| Agricultural | 12% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 9% |