Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.59% | -0.06 | 0.65% |
| Return on Equity (%) | ▼ | 12.95% | -9.66 | 22.61% |
| Net Interest Margin (%) | ▼ | 3.49% | -0.08 | 3.57% |
| Efficiency Ratio (%) | ▲ | 78.87% | -2.76 | 81.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.06 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $423 | -0.62 | $424 |
| Gross Loans ($M) | ▼ | $220 | -7.38 | $227 |
| Loan Growth YoY (%) | ▼ | 58.43% | -1.80 | 60.22% |
| Total Deposits ($M) | ▼ | $372 | -1.14 | $373 |
| Shareholders Equity ($M) | ▲ | $20 | +6.22 | $14 |
| Tang. Book Value ($M) | ▲ | $18 | +6.22 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +6.49 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 58.43% | -1.80 | 60.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.02 | 0.03% |
| Allowance / Loans (%) | — | 1.08% | 0.03% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.03 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.11% | +1.87 | 11.24% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂████▇▇ | Net Interest Margin (%) | 3.05% | 3.11% | 3.51% | 3.57% | 3.57% | 3.52% | 3.49% | 3.49% |
| █▇▃▃▃▅▁▁ | Return on Assets (%) | 0.77% | 0.72% | 0.64% | 0.65% | 0.65% | 0.70% | 0.60% | 0.59% |
| ██▆▆▅▁▃▄ | Efficiency Ratio (%) | 86.3% | 85.1% | 81.9% | 81.6% | 81.4% | 73.8% | 77.7% | 78.9% |
| █▅▄▅█▄▁▃ | Cost of Funds (%) | 1.69% | 1.58% | 1.56% | 1.61% | 1.67% | 1.57% | 1.47% | 1.55% |
| ▂▂▂▃██▁▂ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.03% | 0.10% | 0.10% | 0.00% | 0.02% |
| ▂▂▂▃██▁▂ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.04% | 0.06% | 0.19% | 0.19% | 0.01% | 0.03% |
| ▄▁▃▄▆█▇█ | Tang. Book Value ($M) | $12 | $8 | $10 | $12 | $15 | $17 | $17 | $18 |
| ▁▇▆█▇█▅▅ | Gross Loans ($M) | $209 | $226 | $223 | $227 | $225 | $229 | $219 | $220 |
| ▁█▆▃▅▆▅▃ | Total Deposits ($M) | $359 | $396 | $386 | $373 | $378 | $385 | $378 | $372 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 16% |
| Agricultural | 28% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |