Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.13 | 1.16% |
| Return on Equity (%) | ▲ | 12.30% | +1.45 | 10.85% |
| Net Interest Margin (%) | ▼ | 4.42% | -0.26 | 4.68% |
| Efficiency Ratio (%) | ▲ | 63.02% | -3.52 | 66.53% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.12 | $2 |
| Cost of Funds (%) | ▲ | 1.81% | -0.41 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $619 | +82.84 | $536 |
| Gross Loans ($M) | ▼ | $458 | -3.25 | $462 |
| Loan Growth YoY (%) | ▼ | 83.78% | -13.17 | 96.95% |
| Total Deposits ($M) | ▲ | $540 | +69.50 | $471 |
| Shareholders Equity ($M) | ▲ | $65 | +7.41 | $57 |
| Tang. Book Value ($M) | ▲ | $65 | +7.41 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 83.78% | -13.17 | 96.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.70% | -0.18 | 1.87% |
| Allowance / Loans (%) | — | 1.29% | 0.12% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 2.29% | +0.12 | 2.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.06% | +1.15 | 12.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ████▆▆▁▃ | Net Interest Margin (%) | 4.65% | 4.65% | 4.65% | 4.68% | 4.59% | 4.55% | 4.33% | 4.42% |
| ▁▁▁▂▁▂█▄ | Return on Assets (%) | 1.10% | 1.13% | 1.14% | 1.16% | 1.14% | 1.18% | 1.48% | 1.29% |
| ██▆▇▇▅▁▄ | Efficiency Ratio (%) | 68.8% | 67.9% | 66.1% | 66.5% | 66.3% | 64.7% | 58.1% | 63.0% |
| ▅▆▃█▄█▂▁ | Cost of Funds (%) | 2.04% | 2.08% | 1.95% | 2.21% | 2.00% | 2.22% | 1.89% | 1.81% |
| ▁█▇▇▅▆▅▅ | NPA / Assets (%) | 1.09% | 2.10% | 1.95% | 1.87% | 1.64% | 1.76% | 1.71% | 1.70% |
| ▁██▇▇███ | Net Charge-Off Ratio (%) | 1.31% | 2.34% | 2.31% | 2.17% | 2.18% | 2.33% | 2.28% | 2.29% |
| ▁▂▃▄▅▇▇█ | Tang. Book Value ($M) | $51 | $54 | $55 | $57 | $60 | $62 | $63 | $65 |
| ▁▄▅▇█▄▅▇ | Gross Loans ($M) | $424 | $441 | $447 | $462 | $467 | $444 | $450 | $458 |
| ▁▂▂▄▇▇▇█ | Total Deposits ($M) | $420 | $435 | $446 | $471 | $522 | $514 | $522 | $540 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 20% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 20% |