Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.77% | -0.47 | 1.24% |
| Return on Equity (%) | ▼ | 6.78% | -2.94 | 9.72% |
| Net Interest Margin (%) | ▼ | 3.53% | -0.44 | 3.98% |
| Efficiency Ratio (%) | ▼ | 81.84% | +20.59 | 61.25% |
| Pre-Provision Profit ($M) | ▼ | $2 | -1.46 | $4 |
| Cost of Funds (%) | ▲ | 2.76% | -0.14 | 2.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,048 | +1.35 | $1,047 |
| Gross Loans ($M) | ▲ | $817 | +16.41 | $801 |
| Loan Growth YoY (%) | ▲ | 90.78% | +2.66 | 88.13% |
| Total Deposits ($M) | ▼ | $883 | -11.02 | $894 |
| Shareholders Equity ($M) | ▼ | $123 | -1.06 | $124 |
| Tang. Book Value ($M) | ▼ | $123 | -1.06 | $124 |
| TBV excl. AOCI ($M)** | ▲ | $128 | +1.22 | $126 |
| Loan / Deposit Ratio (%) | ▲ | 90.78% | +2.66 | 88.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 5.98% | +2.91 | 3.08% |
| Allowance / Loans (%) | — | 1.85% | 0.29% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 4.51% | +1.01 | 3.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.34% | -0.19 | 13.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▆▆▅▁▂ | Net Interest Margin (%) | 4.14% | 4.18% | 3.96% | 3.98% | 3.91% | 3.87% | 3.38% | 3.53% |
| ██▆▅▂▁▃▃ | Return on Assets (%) | 1.88% | 1.85% | 1.33% | 1.24% | 0.71% | 0.34% | 0.75% | 0.77% |
| ▁▁▃▃▃▄█▇ | Efficiency Ratio (%) | 48.9% | 50.5% | 61.2% | 61.3% | 63.0% | 68.0% | 88.7% | 81.8% |
| █▂▁▃▃▃▁▁ | Cost of Funds (%) | 3.32% | 2.87% | 2.74% | 2.90% | 2.95% | 2.93% | 2.75% | 2.76% |
| ▁▂▂▁▇▇█▆ | NPA / Assets (%) | 2.78% | 3.59% | 3.55% | 3.08% | 6.39% | 6.31% | 7.27% | 5.98% |
| ▁▂▂▁█▃▇▃ | Net Charge-Off Ratio (%) | 3.29% | 4.21% | 4.10% | 3.51% | 7.84% | 4.73% | 6.81% | 4.51% |
| ▁▄█▅▅▁▄▄ | Tang. Book Value ($M) | $121 | $123 | $126 | $124 | $124 | $121 | $123 | $123 |
| ▁▁▁▆▇▃▅█ | Gross Loans ($M) | $772 | $773 | $772 | $801 | $810 | $785 | $795 | $817 |
| ▂▁▃▆▇▇█▆ | Total Deposits ($M) | $786 | $751 | $817 | $894 | $909 | $919 | $950 | $883 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 20% |