Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.75% | -0.19 | 1.94% |
| Return on Equity (%) | ▼ | 13.41% | -0.46 | 13.87% |
| Net Interest Margin (%) | ▼ | 3.53% | -0.28 | 3.81% |
| Efficiency Ratio (%) | ▼ | 34.85% | +1.01 | 33.84% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.04 | $2 |
| Cost of Funds (%) | ▲ | 2.39% | -0.26 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $318 | +30.33 | $287 |
| Gross Loans ($M) | ▲ | $236 | +10.64 | $226 |
| Loan Growth YoY (%) | ▼ | 85.12% | -5.62 | 90.74% |
| Total Deposits ($M) | ▲ | $274 | +28.44 | $245 |
| Shareholders Equity ($M) | ▲ | $43 | +1.63 | $41 |
| Tang. Book Value ($M) | ▲ | $43 | +1.63 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 85.12% | -5.62 | 90.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.46% | +0.16 | 0.30% |
| Allowance / Loans (%) | — | 1.38% | 0.04% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.24 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▆▆█▇▁▁ | Net Interest Margin (%) | 3.66% | 3.69% | 3.79% | 3.81% | 3.92% | 3.87% | 3.55% | 3.53% |
| ▅▅▃██▅▁▄ | Return on Assets (%) | 1.81% | 1.80% | 1.75% | 1.94% | 1.99% | 1.82% | 1.61% | 1.75% |
| ▂▅█▂▁▄▇▃ | Efficiency Ratio (%) | 34.6% | 36.9% | 40.1% | 33.8% | 32.9% | 36.3% | 38.8% | 34.9% |
| █▇▅▅▄▁▁▁ | Cost of Funds (%) | 2.90% | 2.81% | 2.71% | 2.66% | 2.59% | 2.42% | 2.45% | 2.39% |
| ▂█▁▄▃▄▃▇ | NPA / Assets (%) | 0.18% | 0.57% | 0.08% | 0.30% | 0.26% | 0.28% | 0.22% | 0.46% |
| ▂█▁▄▄▄▃█ | Net Charge-Off Ratio (%) | 0.21% | 0.68% | 0.10% | 0.38% | 0.33% | 0.36% | 0.31% | 0.62% |
| ▇▁▃▆█▃▆█ | Tang. Book Value ($M) | $42 | $38 | $40 | $41 | $43 | $40 | $41 | $43 |
| ▁▄▂▁▄█▃▆ | Gross Loans ($M) | $226 | $232 | $229 | $226 | $232 | $242 | $230 | $236 |
| ▁▂▃▄▅███ | Total Deposits ($M) | $227 | $235 | $241 | $245 | $253 | $269 | $273 | $274 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 14% |
| Agricultural | 27% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 18% |