Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.43% | -1.00 | 2.43% |
| Return on Equity (%) | ▼ | 14.28% | -11.90 | 26.18% |
| Net Interest Margin (%) | ▼ | 4.48% | -0.07 | 4.55% |
| Efficiency Ratio (%) | ▼ | 43.24% | +1.64 | 41.60% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.08 | $5 |
| Cost of Funds (%) | ▲ | 1.66% | -0.20 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $802 | +10.43 | $792 |
| Gross Loans ($M) | ▼ | $532 | -11.83 | $544 |
| Loan Growth YoY (%) | ▼ | 72.36% | -2.24 | 74.60% |
| Total Deposits ($M) | ▲ | $717 | +3.25 | $714 |
| Shareholders Equity ($M) | ▲ | $82 | +8.47 | $74 |
| Tang. Book Value ($M) | ▲ | $82 | +8.48 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +10.09 | $85 |
| Loan / Deposit Ratio (%) | ▼ | 72.36% | -2.24 | 74.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.02% | +1.57 | 0.45% |
| Allowance / Loans (%) | — | 2.51% | 0.38% | 2.13% |
| Net Charge-Off Ratio (%) | ▼ | 3.04% | +2.38 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.78% | +0.44 | 13.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▂▄▆▆▁▃ | Net Interest Margin (%) | 4.70% | 4.65% | 4.45% | 4.55% | 4.62% | 4.60% | 4.40% | 4.48% |
| ███████▁ | Return on Assets (%) | 2.39% | 2.37% | 2.40% | 2.43% | 2.44% | 2.42% | 2.37% | 1.43% |
| ▁▁▄▅▅▆▇█ | Efficiency Ratio (%) | 39.6% | 40.0% | 41.3% | 41.6% | 41.7% | 42.2% | 42.7% | 43.2% |
| ▇█▇▆▅▂▁▁ | Cost of Funds (%) | 1.90% | 1.94% | 1.90% | 1.86% | 1.82% | 1.72% | 1.67% | 1.66% |
| ▁▂▁▁▁▂▃█ | NPA / Assets (%) | 0.27% | 0.51% | 0.48% | 0.45% | 0.41% | 0.50% | 0.83% | 2.02% |
| ▁▁▁▁▁▂▃█ | Net Charge-Off Ratio (%) | 0.40% | 0.73% | 0.70% | 0.66% | 0.61% | 0.76% | 1.27% | 3.04% |
| ▂▁▂▃▆███ | Tang. Book Value ($M) | $72 | $70 | $73 | $74 | $79 | $82 | $81 | $82 |
| ▁▇▇█▆██▅ | Gross Loans ($M) | $515 | $538 | $539 | $544 | $536 | $543 | $543 | $532 |
| ▁▂▄▅▅██▆ | Total Deposits ($M) | $678 | $687 | $703 | $714 | $711 | $740 | $740 | $717 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 24% |
| Agricultural | 22% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |