Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.16 | 0.50% |
| Return on Equity (%) | ▲ | 5.85% | +2.05 | 3.80% |
| Net Interest Margin (%) | ▼ | 3.59% | -0.26 | 3.85% |
| Efficiency Ratio (%) | ▼ | 85.43% | +2.64 | 82.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▼ | 1.24% | +0.13 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $557 | +106.62 | $450 |
| Gross Loans ($M) | ▲ | $325 | +58.80 | $266 |
| Loan Growth YoY (%) | ▼ | 65.40% | -2.59 | 67.99% |
| Total Deposits ($M) | ▲ | $490 | +104.00 | $386 |
| Shareholders Equity ($M) | ▲ | $62 | +0.75 | $61 |
| Tang. Book Value ($M) | ▼ | $58 | -2.48 | $61 |
| TBV excl. AOCI ($M)** | ▼ | $60 | -2.17 | $62 |
| Loan / Deposit Ratio (%) | ▼ | 65.40% | -2.59 | 67.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.65% | +0.28 | 1.37% |
| Allowance / Loans (%) | — | 1.44% | -0.02% | 1.46% |
| Net Charge-Off Ratio (%) | ▼ | 2.78% | +0.49 | 2.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 19.98% | -9.52 | 29.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃████▅ | Net Interest Margin (%) | 3.22% | 3.27% | 3.46% | 3.85% | 3.82% | 3.90% | 3.88% | 3.59% |
| ▂▁▅▆▆▅█▇ | Return on Assets (%) | -0.16% | -0.35% | 0.32% | 0.50% | 0.51% | 0.34% | 0.89% | 0.66% |
| ▆█▂▁▁▂▃▁ | Efficiency Ratio (%) | 105.7% | 114.4% | 86.7% | 82.8% | 82.6% | 87.7% | 91.5% | 85.4% |
| █▅▁▁▁▂▂▄ | Cost of Funds (%) | 1.44% | 1.30% | 1.11% | 1.11% | 1.10% | 1.16% | 1.15% | 1.24% |
| ▁▄▄▅▅█▇▆ | NPA / Assets (%) | 0.25% | 1.08% | 1.09% | 1.37% | 1.36% | 2.42% | 1.93% | 1.65% |
| ▁▄▄▅▅█▇▆ | Net Charge-Off Ratio (%) | 0.34% | 1.72% | 1.79% | 2.29% | 2.25% | 3.83% | 3.33% | 2.78% |
| ▁███▆▆▆█ | Tang. Book Value ($M) | $31 | $60 | $60 | $61 | $50 | $50 | $51 | $58 |
| ▆▅▃▂▂▃▁█ | Gross Loans ($M) | $308 | $296 | $280 | $266 | $268 | $275 | $255 | $325 |
| ▁▃▂▁▂▁▂█ | Total Deposits ($M) | $379 | $407 | $396 | $386 | $393 | $381 | $393 | $490 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 22% |