Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.49% | -0.80 | 1.30% |
| Return on Equity (%) | ▼ | 4.47% | -7.03 | 11.50% |
| Net Interest Margin (%) | ▼ | 4.27% | -0.45 | 4.72% |
| Efficiency Ratio (%) | ▼ | 56.37% | +0.47 | 55.90% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.34 | $3 |
| Cost of Funds (%) | ▲ | 1.92% | -0.07 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $565 | +51.89 | $513 |
| Gross Loans ($M) | ▼ | $397 | -4.15 | $401 |
| Loan Growth YoY (%) | ▼ | 78.45% | -9.90 | 88.35% |
| Total Deposits ($M) | ▲ | $489 | +46.90 | $442 |
| Shareholders Equity ($M) | ▲ | $62 | +3.65 | $59 |
| Tang. Book Value ($M) | ▲ | $62 | +3.95 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +5.00 | $61 |
| Loan / Deposit Ratio (%) | ▼ | 78.45% | -9.90 | 88.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.25% | +0.78 | 1.46% |
| Allowance / Loans (%) | — | 3.22% | 0.75% | 2.48% |
| Net Charge-Off Ratio (%) | ▼ | 3.20% | +1.33 | 1.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.27% | +1.39 | 14.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▄▇██▄▁ | Net Interest Margin (%) | 4.73% | 4.77% | 4.55% | 4.72% | 4.83% | 4.80% | 4.49% | 4.27% |
| ██████▁▅ | Return on Assets (%) | 1.41% | 1.30% | 1.29% | 1.30% | 1.32% | 1.28% | -0.95% | 0.49% |
| ▂▄▃▅▆█▁▅ | Efficiency Ratio (%) | 54.2% | 55.2% | 54.8% | 55.9% | 56.7% | 58.3% | 53.2% | 56.4% |
| ▆█▃▂▁▂▁▁ | Cost of Funds (%) | 2.19% | 2.34% | 2.05% | 1.99% | 1.91% | 1.99% | 1.93% | 1.92% |
| ▁▁▅▄▄▇▇█ | NPA / Assets (%) | 0.71% | 0.73% | 1.51% | 1.46% | 1.46% | 1.95% | 1.88% | 2.25% |
| ▁▁▄▄▄▆▆█ | Net Charge-Off Ratio (%) | 0.90% | 0.93% | 1.93% | 1.87% | 1.89% | 2.59% | 2.61% | 3.20% |
| ▁▁▃▄▇█▆█ | Tang. Book Value ($M) | $54 | $54 | $56 | $58 | $60 | $61 | $59 | $62 |
| ▁▁▄▅█▇▅▃ | Gross Loans ($M) | $390 | $388 | $398 | $401 | $413 | $409 | $402 | $397 |
| ▁▁▃▃▅▆██ | Total Deposits ($M) | $418 | $424 | $438 | $442 | $459 | $467 | $486 | $489 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 8% |
| Agricultural | 8% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 10% |