Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.06 | 0.83% |
| Return on Equity (%) | ▼ | 8.07% | -0.40 | 8.47% |
| Net Interest Margin (%) | ▼ | 3.09% | -0.13 | 3.21% |
| Efficiency Ratio (%) | ▼ | 60.49% | +5.55 | 54.94% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.50 | $3 |
| Cost of Funds (%) | ▲ | 2.72% | -0.10 | 2.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $781 | -2.96 | $784 |
| Gross Loans ($M) | ▲ | $574 | +14.23 | $559 |
| Loan Growth YoY (%) | ▲ | 94.18% | +2.37 | 91.80% |
| Total Deposits ($M) | ▼ | $602 | -1.45 | $604 |
| Shareholders Equity ($M) | ▲ | $87 | +9.10 | $78 |
| Tang. Book Value ($M) | ▲ | $76 | +9.37 | $67 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +8.65 | $75 |
| Loan / Deposit Ratio (%) | ▲ | 94.18% | +2.37 | 91.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.91% | +2.16 | 1.75% |
| Allowance / Loans (%) | — | 1.13% | 0.20% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 5.32% | +2.87 | 2.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.86% | +1.10 | 13.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▇▃▄▅█▁▁ | Net Interest Margin (%) | 3.25% | 3.29% | 3.18% | 3.21% | 3.23% | 3.35% | 3.11% | 3.09% |
| █▆▁▁▁▂▅▃ | Return on Assets (%) | 1.08% | 0.99% | 0.80% | 0.83% | 0.79% | 0.86% | 0.94% | 0.89% |
| ▁▁▂▁▃▃█▇ | Efficiency Ratio (%) | 55.4% | 54.5% | 56.2% | 54.9% | 56.8% | 56.6% | 61.8% | 60.5% |
| █▅▄▂▄▅▁▁ | Cost of Funds (%) | 3.15% | 2.99% | 2.90% | 2.82% | 2.92% | 2.94% | 2.74% | 2.72% |
| ▁▂▃▃▃▂▇█ | NPA / Assets (%) | 0.76% | 1.23% | 1.75% | 1.75% | 1.61% | 1.24% | 3.41% | 3.91% |
| ▁▂▃▃▃▂▇█ | Net Charge-Off Ratio (%) | 1.09% | 1.75% | 2.46% | 2.45% | 2.22% | 1.67% | 4.69% | 5.32% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $62 | $63 | $65 | $67 | $70 | $72 | $74 | $76 |
| ▁▃▄▆▇▇▇█ | Gross Loans ($M) | $523 | $537 | $548 | $559 | $565 | $564 | $562 | $574 |
| ▁▄▄▅█▁▄▅ | Total Deposits ($M) | $580 | $599 | $598 | $604 | $620 | $580 | $596 | $602 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 20% |
| Agricultural | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 34% |