Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.82% | -0.90 | 1.73% |
| Return on Equity (%) | ▼ | 11.00% | -14.73 | 25.73% |
| Net Interest Margin (%) | ▲ | 3.49% | +0.19 | 3.29% |
| Efficiency Ratio (%) | ▼ | 70.80% | +3.75 | 67.05% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.08% | -0.06 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $382 | +16.03 | $366 |
| Gross Loans ($M) | ▲ | $175 | +4.31 | $171 |
| Loan Growth YoY (%) | ▼ | 48.75% | -0.85 | 49.61% |
| Total Deposits ($M) | ▲ | $354 | +14.79 | $339 |
| Shareholders Equity ($M) | ▲ | $26 | +1.25 | $25 |
| Tang. Book Value ($M) | ▲ | $26 | +1.25 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.13 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 48.75% | -0.85 | 49.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.15 | 0.48% |
| Allowance / Loans (%) | — | 1.33% | -0.03% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.72% | -0.31 | 1.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.24% | -0.05 | 16.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆▆█ | Net Interest Margin (%) | 2.98% | 3.00% | 3.26% | 3.29% | 3.32% | 3.33% | 3.32% | 3.49% |
| ▃▃█▇██▁▁ | Return on Assets (%) | 1.18% | 1.13% | 1.97% | 1.73% | 1.93% | 2.00% | 0.94% | 0.82% |
| ██▁▃▁▁▄▆ | Efficiency Ratio (%) | 73.6% | 73.6% | 65.1% | 67.0% | 64.1% | 64.0% | 68.6% | 70.8% |
| ▇█▂▃▁▂▁▁ | Cost of Funds (%) | 1.26% | 1.30% | 1.13% | 1.14% | 1.10% | 1.12% | 1.09% | 1.08% |
| █▇▇▂▂▁▁▁ | NPA / Assets (%) | 1.03% | 0.92% | 0.87% | 0.48% | 0.43% | 0.37% | 0.33% | 0.33% |
| ███▂▂▁▁▁ | Net Charge-Off Ratio (%) | 2.06% | 1.95% | 1.90% | 1.03% | 0.89% | 0.82% | 0.71% | 0.72% |
| ▅▁▁▁▆█▅▂ | Tang. Book Value ($M) | $28 | $24 | $25 | $25 | $29 | $31 | $28 | $26 |
| █▁▁▁▄▄█▆ | Gross Loans ($M) | $177 | $170 | $170 | $171 | $173 | $173 | $176 | $175 |
| ▁▄▇▆▄▆██ | Total Deposits ($M) | $314 | $334 | $345 | $339 | $331 | $344 | $353 | $354 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 19% |
| Agricultural | 6% |
| Consumer | 12% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 9% |