Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.79% | -0.14 | 1.94% |
| Return on Equity (%) | ▼ | 9.36% | -1.55 | 10.91% |
| Net Interest Margin (%) | ▼ | 4.94% | -0.10 | 5.04% |
| Efficiency Ratio (%) | ▼ | 51.42% | +1.28 | 50.14% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.20 | $4 |
| Cost of Funds (%) | ▲ | 1.63% | -0.29 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $668 | +13.39 | $655 |
| Gross Loans ($M) | ▼ | $455 | -4.73 | $459 |
| Loan Growth YoY (%) | ▼ | 84.01% | -3.24 | 87.24% |
| Total Deposits ($M) | ▲ | $533 | +14.06 | $519 |
| Shareholders Equity ($M) | ▲ | $130 | +10.06 | $120 |
| Tang. Book Value ($M) | ▲ | $129 | +10.06 | $119 |
| TBV excl. AOCI ($M)** | ▲ | $135 | +10.64 | $124 |
| Loan / Deposit Ratio (%) | ▼ | 84.01% | -3.24 | 87.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.47% | +1.20 | 1.26% |
| Allowance / Loans (%) | — | 1.47% | 0.07% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 3.36% | +1.63 | 1.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.02% | +27.02 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▂▄▅▃▁▃ | Net Interest Margin (%) | 5.31% | 5.22% | 4.88% | 5.04% | 5.05% | 4.97% | 4.78% | 4.94% |
| █▅▅▆▆▃▁▃ | Return on Assets (%) | 2.01% | 1.86% | 1.86% | 1.94% | 1.93% | 1.82% | 1.70% | 1.79% |
| ▁▁▅▄▅▅█▆ | Efficiency Ratio (%) | 47.5% | 48.2% | 50.5% | 50.1% | 50.3% | 50.5% | 52.9% | 51.4% |
| ██▆▅▆▆▂▁ | Cost of Funds (%) | 2.09% | 2.12% | 1.96% | 1.92% | 1.95% | 1.94% | 1.73% | 1.63% |
| ▂▁▁▃▄██▇ | NPA / Assets (%) | 0.79% | 0.34% | 0.41% | 1.26% | 1.38% | 2.63% | 2.82% | 2.47% |
| ▁▁▁▃▄██▇ | Net Charge-Off Ratio (%) | 0.36% | 0.45% | 0.54% | 1.73% | 1.90% | 3.95% | 4.09% | 3.36% |
| ▁▁▃▄▅▆██ | Tang. Book Value ($M) | $111 | $113 | $116 | $119 | $122 | $124 | $127 | $129 |
| ▆▁▄▇█▃▄▆ | Gross Loans ($M) | $452 | $423 | $442 | $459 | $469 | $437 | $445 | $455 |
| ▁██▁▁▆██ | Total Deposits ($M) | $520 | $532 | $533 | $519 | $521 | $529 | $532 | $533 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 10% |
| Agricultural | 24% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 17% |