Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.24% | -0.60 | 1.84% |
| Return on Equity (%) | ▼ | 11.58% | -4.68 | 16.26% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.22 | 4.23% |
| Efficiency Ratio (%) | ▼ | 56.13% | +0.79 | 55.34% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.52 | $4 |
| Cost of Funds (%) | ▼ | 1.68% | +0.03 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $915 | +156.65 | $759 |
| Gross Loans ($M) | ▲ | $655 | +90.95 | $564 |
| Loan Growth YoY (%) | ▼ | 81.11% | -4.27 | 85.38% |
| Total Deposits ($M) | ▲ | $799 | +146.11 | $653 |
| Shareholders Equity ($M) | ▲ | $96 | +6.81 | $89 |
| Tang. Book Value ($M) | ▲ | $90 | +0.41 | $89 |
| TBV excl. AOCI ($M)** | ▲ | $98 | +2.28 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 81.11% | -4.27 | 85.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.08 | 0.34% |
| Allowance / Loans (%) | — | 1.13% | -0.12% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.10 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▆██ | Net Interest Margin (%) | 3.83% | 3.85% | 4.09% | 4.23% | 4.26% | 4.28% | 4.47% | 4.45% |
| ▅▅██▆▄▁▁ | Return on Assets (%) | 1.54% | 1.56% | 1.76% | 1.84% | 1.67% | 1.45% | 1.19% | 1.24% |
| ██▃▁▃▅▃▂ | Efficiency Ratio (%) | 59.7% | 59.7% | 56.6% | 55.3% | 56.6% | 58.0% | 56.5% | 56.1% |
| ▆█▄▂▃▁▁▃ | Cost of Funds (%) | 1.87% | 2.00% | 1.74% | 1.65% | 1.70% | 1.56% | 1.60% | 1.68% |
| ▁▂▁▁█▇▆▁ | NPA / Assets (%) | 0.35% | 0.45% | 0.41% | 0.34% | 1.54% | 1.37% | 1.19% | 0.26% |
| ▁▂▂▁██▇▁ | Net Charge-Off Ratio (%) | 0.49% | 0.62% | 0.57% | 0.45% | 2.01% | 1.84% | 1.64% | 0.36% |
| ▁▁▄▆██▆▆ | Tang. Book Value ($M) | $81 | $82 | $87 | $89 | $92 | $93 | $89 | $90 |
| ▁▂▁▂▃▄██ | Gross Loans ($M) | $551 | $563 | $541 | $564 | $578 | $605 | $670 | $655 |
| ▁▁▂▂▁▃██ | Total Deposits ($M) | $644 | $642 | $655 | $653 | $623 | $668 | $789 | $799 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 17% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 23% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |