Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.42% | -1.11 | 1.53% |
| Return on Equity (%) | ▼ | 3.00% | -7.79 | 10.79% |
| Net Interest Margin (%) | ▲ | 4.92% | +0.21 | 4.71% |
| Efficiency Ratio (%) | ▲ | 48.68% | -6.14 | 54.83% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.12 | $2 |
| Cost of Funds (%) | ▲ | 1.88% | -0.17 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $569 | +27.66 | $541 |
| Gross Loans ($M) | ▼ | $356 | -15.32 | $371 |
| Loan Growth YoY (%) | ▼ | 75.63% | -8.27 | 83.90% |
| Total Deposits ($M) | ▲ | $463 | +27.27 | $436 |
| Shareholders Equity ($M) | ▲ | $79 | +3.63 | $75 |
| Tang. Book Value ($M) | ▲ | $68 | +5.83 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +6.86 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 75.63% | -8.27 | 83.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.80% | +0.14 | 1.66% |
| Allowance / Loans (%) | — | 1.56% | 0.09% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 2.34% | +0.18 | 2.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.49% | +1.24 | 16.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▇▇▇▇██ | Net Interest Margin (%) | 3.99% | 4.23% | 4.73% | 4.71% | 4.73% | 4.75% | 4.81% | 4.92% |
| ▅▅▇▆▆▇█▁ | Return on Assets (%) | 1.20% | 1.26% | 1.60% | 1.53% | 1.51% | 1.59% | 1.92% | 0.42% |
| ▅█▆██▇▃▁ | Efficiency Ratio (%) | 52.5% | 54.5% | 53.3% | 54.8% | 54.6% | 53.7% | 50.2% | 48.7% |
| █▇█▅▄▂▁▁ | Cost of Funds (%) | 2.18% | 2.14% | 2.14% | 2.05% | 2.01% | 1.91% | 1.86% | 1.88% |
| ▁▂▂▇▄▃▄█ | NPA / Assets (%) | 1.17% | 1.32% | 1.30% | 1.66% | 1.46% | 1.40% | 1.42% | 1.80% |
| ▁▂▂▇▄▄▃█ | Net Charge-Off Ratio (%) | 1.45% | 1.59% | 1.58% | 2.16% | 1.86% | 1.89% | 1.70% | 2.34% |
| ▃▁▃▂▅▇█▇ | Tang. Book Value ($M) | $64 | $61 | $64 | $63 | $67 | $69 | $71 | $68 |
| ▂██▆█▅▂▁ | Gross Loans ($M) | $360 | $379 | $377 | $371 | $377 | $370 | $361 | $356 |
| ▁▁▂▂▃▇██ | Total Deposits ($M) | $431 | $432 | $436 | $436 | $443 | $459 | $464 | $463 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 16% |
| Agricultural | 24% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 20% |