Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.57% | -0.21 | 1.78% |
| Return on Equity (%) | ▼ | 13.88% | -2.76 | 16.64% |
| Net Interest Margin (%) | ▼ | 4.14% | -0.12 | 4.27% |
| Efficiency Ratio (%) | ▼ | 63.02% | +5.05 | 57.97% |
| Pre-Provision Profit ($M) | — | $2 | 0.00 | $2 |
| Cost of Funds (%) | ▲ | 1.02% | -0.21 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $417 | +11.86 | $405 |
| Gross Loans ($M) | ▼ | $256 | -4.28 | $261 |
| Loan Growth YoY (%) | ▼ | 68.96% | -2.79 | 71.75% |
| Total Deposits ($M) | ▲ | $366 | +8.57 | $357 |
| Shareholders Equity ($M) | ▲ | $48 | +3.50 | $45 |
| Tang. Book Value ($M) | ▲ | $48 | +3.50 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +3.07 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 68.96% | -2.79 | 71.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.96% | +0.76 | 0.20% |
| Allowance / Loans (%) | — | 1.57% | -0.06% | 1.62% |
| Net Charge-Off Ratio (%) | ▼ | 1.33% | +1.24 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.50% | +0.88 | 18.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▅▅▅▁▃ | Net Interest Margin (%) | 4.55% | 4.52% | 4.16% | 4.27% | 4.28% | 4.30% | 3.94% | 4.14% |
| ██████▁▅ | Return on Assets (%) | 1.83% | 1.84% | 1.79% | 1.78% | 1.82% | 1.82% | 1.29% | 1.57% |
| ▄▃▁▂▂▃█▆ | Efficiency Ratio (%) | 61.1% | 59.7% | 56.6% | 58.0% | 58.5% | 59.1% | 66.5% | 63.0% |
| ▆▅██▆▃▂▁ | Cost of Funds (%) | 1.19% | 1.14% | 1.26% | 1.23% | 1.18% | 1.10% | 1.07% | 1.02% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.22% | 0.18% | 0.20% | 0.20% | 0.18% | 0.91% | 0.89% | 0.96% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.11% | 0.05% | 0.09% | 0.09% | 0.06% | 1.26% | 1.23% | 1.33% |
| ▄▁▂▃▇█▅█ | Tang. Book Value ($M) | $45 | $43 | $44 | $45 | $47 | $48 | $46 | $48 |
| ▅██▇▃▁▄▃ | Gross Loans ($M) | $258 | $263 | $262 | $261 | $256 | $252 | $257 | $256 |
| ▁▄▆▃▆▅█▆ | Total Deposits ($M) | $349 | $360 | $367 | $357 | $364 | $363 | $373 | $366 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 26% |
| Agricultural | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 5% |