Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.77% | -0.13 | 0.90% |
| Return on Equity (%) | ▼ | 11.68% | -4.86 | 16.54% |
| Net Interest Margin (%) | ▼ | 3.71% | -0.02 | 3.73% |
| Efficiency Ratio (%) | ▼ | 71.80% | +3.63 | 68.17% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.21 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $349 | +10.55 | $339 |
| Gross Loans ($M) | ▼ | $153 | -2.47 | $155 |
| Loan Growth YoY (%) | ▼ | 46.59% | -1.57 | 48.16% |
| Total Deposits ($M) | ▲ | $324 | +5.95 | $318 |
| Shareholders Equity ($M) | ▲ | $23 | +4.73 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.73 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +5.63 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 46.59% | -1.57 | 48.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.49% | -0.02 | 0.51% |
| Allowance / Loans (%) | — | 1.28% | -0.13% | 1.41% |
| Net Charge-Off Ratio (%) | ▲ | 0.72% | -0.07 | 0.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▆██▄▅ | Net Interest Margin (%) | 3.73% | 3.71% | 3.62% | 3.73% | 3.78% | 3.78% | 3.70% | 3.71% |
| ██▂▄▄▇▁▁ | Return on Assets (%) | 1.08% | 1.09% | 0.82% | 0.90% | 0.93% | 1.04% | 0.78% | 0.77% |
| ▁▁▆▅▅▅██ | Efficiency Ratio (%) | 63.8% | 64.3% | 69.7% | 68.2% | 68.7% | 68.7% | 72.5% | 71.8% |
| ▇█▆▆▅▄▁▁ | Cost of Funds (%) | 1.91% | 1.97% | 1.89% | 1.88% | 1.83% | 1.81% | 1.70% | 1.67% |
| ▁▃▃▇█▇█▇ | NPA / Assets (%) | 0.04% | 0.23% | 0.19% | 0.51% | 0.60% | 0.50% | 0.56% | 0.49% |
| ▁▄▁▆█▆▇▆ | Net Charge-Off Ratio (%) | 0.08% | 0.51% | 0.10% | 0.79% | 1.04% | 0.78% | 0.89% | 0.72% |
| ▇▁▃▂▇███ | Tang. Book Value ($M) | $22 | $17 | $19 | $19 | $22 | $23 | $23 | $23 |
| ▃▁▆█▄▁▄▄ | Gross Loans ($M) | $152 | $151 | $154 | $155 | $153 | $151 | $153 | $153 |
| ▁▅▆▆▇███ | Total Deposits ($M) | $300 | $314 | $317 | $318 | $322 | $327 | $324 | $324 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 11% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 13% |