Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.65% | -0.37 | 2.02% |
| Return on Equity (%) | ▼ | 12.86% | -5.01 | 17.87% |
| Net Interest Margin (%) | ▼ | 3.62% | -0.49 | 4.11% |
| Efficiency Ratio (%) | ▼ | 40.79% | +5.42 | 35.37% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.88 | $4 |
| Cost of Funds (%) | ▲ | 2.34% | -0.02 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $544 | +20.06 | $523 |
| Gross Loans ($M) | ▼ | $391 | -8.64 | $400 |
| Loan Growth YoY (%) | ▼ | 85.43% | -10.34 | 95.77% |
| Total Deposits ($M) | ▲ | $451 | +39.68 | $412 |
| Shareholders Equity ($M) | ▲ | $70 | +7.10 | $63 |
| Tang. Book Value ($M) | ▲ | $70 | +7.10 | $63 |
| Loan / Deposit Ratio (%) | ▼ | 85.43% | -10.34 | 95.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.35% | -0.68 | 1.03% |
| Allowance / Loans (%) | — | 1.46% | 0.03% | 1.43% |
| Net Charge-Off Ratio (%) | ▲ | 0.48% | -0.86 | 1.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.09% | +2.14 | 12.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▃▄▄▂▁ | Net Interest Margin (%) | 4.94% | 4.84% | 4.01% | 4.11% | 4.22% | 4.13% | 3.80% | 3.62% |
| ██▃▃▄▄▁▁ | Return on Assets (%) | 2.68% | 2.61% | 1.97% | 2.02% | 2.13% | 2.08% | 1.78% | 1.65% |
| ▁▁▅▅▄▅▇█ | Efficiency Ratio (%) | 28.7% | 29.3% | 35.2% | 35.4% | 34.3% | 35.2% | 39.2% | 40.8% |
| ▆▄▂▄▆█▁▃ | Cost of Funds (%) | 2.44% | 2.38% | 2.32% | 2.37% | 2.42% | 2.52% | 2.26% | 2.34% |
| ▁███▁▁▃▃ | NPA / Assets (%) | 0.12% | 1.03% | 0.98% | 1.03% | 0.09% | 0.07% | 0.36% | 0.35% |
| ▁███▁▁▃▃ | Net Charge-Off Ratio (%) | 0.14% | 1.19% | 1.27% | 1.34% | 0.13% | 0.09% | 0.48% | 0.48% |
| ▁▂▃▅▆█▇█ | Tang. Book Value ($M) | $54 | $57 | $60 | $63 | $66 | $68 | $68 | $70 |
| ▆█▅▂▁▂▂▁ | Gross Loans ($M) | $434 | $454 | $425 | $400 | $398 | $407 | $403 | $391 |
| ▆▄█▁▅▂▆█ | Total Deposits ($M) | $438 | $427 | $449 | $412 | $436 | $420 | $438 | $451 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 38% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 31% |
| Brokered / Other | 43% |