Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.31 | 0.79% |
| Return on Equity (%) | ▲ | 8.97% | +2.20 | 6.77% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.10 | 3.29% |
| Efficiency Ratio (%) | ▲ | 57.58% | -3.38 | 60.95% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▼ | 1.95% | +0.06 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $258 | +24.56 | $233 |
| Gross Loans ($M) | ▲ | $144 | +5.02 | $139 |
| Loan Growth YoY (%) | ▼ | 62.65% | -4.12 | 66.77% |
| Total Deposits ($M) | ▲ | $226 | +21.71 | $205 |
| Shareholders Equity ($M) | ▲ | $31 | +2.63 | $28 |
| Tang. Book Value ($M) | ▲ | $31 | +2.63 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.66 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 62.65% | -4.12 | 66.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.13% | -1.32 | 2.45% |
| Allowance / Loans (%) | — | 1.60% | -0.17% | 1.77% |
| Net Charge-Off Ratio (%) | ▲ | 2.03% | -2.08 | 4.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇▇███ | Net Interest Margin (%) | 2.91% | 3.00% | 3.07% | 3.29% | 3.32% | 3.40% | 3.37% | 3.38% |
| ▂▁▂▄▅▅██ | Return on Assets (%) | 0.64% | 0.55% | 0.65% | 0.79% | 0.84% | 0.83% | 1.10% | 1.10% |
| ▇█▄▂▂▄▁▁ | Efficiency Ratio (%) | 70.9% | 74.1% | 63.8% | 61.0% | 61.2% | 65.6% | 57.7% | 57.6% |
| █▃▂▃▂▁▁▅ | Cost of Funds (%) | 2.06% | 1.89% | 1.86% | 1.90% | 1.88% | 1.84% | 1.82% | 1.95% |
| ▆▅▆█▃▂▁▁ | NPA / Assets (%) | 2.00% | 1.85% | 1.92% | 2.45% | 1.46% | 1.24% | 1.00% | 1.13% |
| ▅▄▆█▃▁▁▁ | Net Charge-Off Ratio (%) | 2.99% | 2.78% | 3.31% | 4.11% | 2.52% | 2.07% | 1.79% | 2.03% |
| ▄▁▃▄▇███ | Tang. Book Value ($M) | $28 | $26 | $27 | $28 | $30 | $30 | $31 | $31 |
| ▇█▁▂▁▃▄▅ | Gross Loans ($M) | $148 | $150 | $137 | $139 | $136 | $141 | $142 | $144 |
| ▁▁▄▄▃▃██ | Total Deposits ($M) | $191 | $195 | $208 | $205 | $204 | $204 | $224 | $226 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 13% |
| Agricultural | 22% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |