Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.53% | +0.13 | 3.40% |
| Return on Equity (%) | ▼ | 24.76% | -2.14 | 26.90% |
| Net Interest Margin (%) | ▼ | 5.88% | -0.03 | 5.92% |
| Efficiency Ratio (%) | ▼ | 37.91% | +2.95 | 34.97% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.25 | $3 |
| Cost of Funds (%) | ▲ | 0.75% | -0.62 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +36.42 | $268 |
| Gross Loans ($M) | ▲ | $158 | +13.83 | $144 |
| Loan Growth YoY (%) | ▼ | 59.57% | -2.00 | 61.57% |
| Total Deposits ($M) | ▲ | $260 | +31.11 | $229 |
| Shareholders Equity ($M) | ▲ | $44 | +5.24 | $38 |
| Tang. Book Value ($M) | ▲ | $44 | +5.24 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 59.57% | -2.00 | 61.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.72% | +0.02 | 1.70% |
| Allowance / Loans (%) | — | 1.84% | -0.25% | 2.09% |
| Net Charge-Off Ratio (%) | ▼ | 3.32% | +0.16 | 3.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.69% | -2.43 | 24.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▅▅▆▅▅ | Net Interest Margin (%) | 6.22% | 6.30% | 5.35% | 5.92% | 5.93% | 6.00% | 5.90% | 5.88% |
| █▇▁▅▅▅▅▆ | Return on Assets (%) | 3.99% | 3.76% | 2.74% | 3.40% | 3.51% | 3.50% | 3.49% | 3.53% |
| ▁▁▅▅▆▆▇█ | Efficiency Ratio (%) | 30.8% | 31.0% | 35.2% | 35.0% | 35.4% | 35.5% | 36.9% | 37.9% |
| ▆▄▂█▄▂▁▁ | Cost of Funds (%) | 1.17% | 0.96% | 0.80% | 1.37% | 1.00% | 0.81% | 0.71% | 0.75% |
| █▄▁▃█▄▃▃ | NPA / Assets (%) | 2.62% | 1.88% | 1.29% | 1.70% | 2.49% | 1.83% | 1.73% | 1.72% |
| █▃▁▁▇▂▁▂ | Net Charge-Off Ratio (%) | 4.43% | 3.54% | 3.07% | 3.16% | 4.21% | 3.26% | 3.05% | 3.32% |
| ▂▄▁▃▅█▆█ | Tang. Book Value ($M) | $37 | $39 | $36 | $38 | $40 | $43 | $41 | $44 |
| ▄▂▁▁▅▇█▇ | Gross Loans ($M) | $152 | $148 | $145 | $144 | $153 | $157 | $161 | $158 |
| ▁▂█▁▁▃▃▄ | Total Deposits ($M) | $229 | $239 | $310 | $229 | $226 | $248 | $256 | $260 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 37% |
| C&I / Commercial | 24% |
| Agricultural | 10% |
| Other | 30% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 2% |