Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.64% | -0.18 | 1.82% |
| Return on Equity (%) | ▼ | 9.43% | -2.26 | 11.69% |
| Net Interest Margin (%) | ▼ | 4.51% | -0.16 | 4.67% |
| Efficiency Ratio (%) | ▼ | 55.02% | +0.57 | 54.45% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.93 | $6 |
| Cost of Funds (%) | ▲ | 1.88% | -0.28 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $828 | -23.07 | $851 |
| Gross Loans ($M) | ▼ | $622 | -40.25 | $662 |
| Loan Growth YoY (%) | ▼ | 89.24% | -3.68 | 92.92% |
| Total Deposits ($M) | ▼ | $686 | -17.62 | $703 |
| Shareholders Equity ($M) | ▼ | $137 | -3.96 | $141 |
| Tang. Book Value ($M) | ▲ | $134 | +1.83 | $133 |
| TBV excl. AOCI ($M)** | ▲ | $138 | +1.73 | $136 |
| Loan / Deposit Ratio (%) | ▼ | 89.24% | -3.68 | 92.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.41% | +2.13 | 1.28% |
| Allowance / Loans (%) | — | 1.63% | 0.30% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 4.41% | +2.79 | 1.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▄▅▅▁▂ | Net Interest Margin (%) | 5.02% | 5.00% | 4.41% | 4.67% | 4.74% | 4.74% | 4.37% | 4.51% |
| ▆▇▂▄▅█▁▂ | Return on Assets (%) | 2.03% | 2.11% | 1.57% | 1.82% | 1.90% | 2.25% | 1.46% | 1.64% |
| ▁▁█▆▄▁█▆ | Efficiency Ratio (%) | 49.2% | 48.5% | 57.5% | 54.5% | 52.9% | 48.8% | 57.6% | 55.0% |
| ▇█▇▆▅▂▃▁ | Cost of Funds (%) | 2.21% | 2.27% | 2.18% | 2.16% | 2.08% | 1.95% | 1.99% | 1.88% |
| ▁▁▁▃▃▄▄█ | NPA / Assets (%) | 0.59% | 0.51% | 0.36% | 1.28% | 1.43% | 1.59% | 1.80% | 3.41% |
| ▁▁▁▃▃▄▄█ | Net Charge-Off Ratio (%) | 0.75% | 0.64% | 0.49% | 1.62% | 1.77% | 2.16% | 2.42% | 4.41% |
| ▁▂▁▃▅██▃ | Tang. Book Value ($M) | $125 | $128 | $128 | $133 | $139 | $152 | $149 | $134 |
| ▅▇▃▇█▅▁▁ | Gross Loans ($M) | $652 | $667 | $641 | $662 | $676 | $650 | $624 | $622 |
| ▅▅█▂▂▄▁▁ | Total Deposits ($M) | $745 | $734 | $784 | $703 | $695 | $724 | $681 | $686 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 26% |