Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.30% | -0.23 | 1.53% |
| Return on Equity (%) | ▼ | 13.13% | -1.61 | 14.74% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.07 | 3.77% |
| Efficiency Ratio (%) | ▼ | 61.08% | +7.34 | 53.74% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.22 | $2 |
| Cost of Funds (%) | ▲ | 1.90% | -0.06 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $442 | +69.20 | $373 |
| Gross Loans ($M) | ▲ | $302 | +39.75 | $262 |
| Loan Growth YoY (%) | ▼ | 74.60% | -3.26 | 77.86% |
| Total Deposits ($M) | ▲ | $399 | +67.33 | $332 |
| Shareholders Equity ($M) | ▲ | $41 | +2.24 | $39 |
| Tang. Book Value ($M) | ▲ | $39 | +2.39 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +2.60 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 74.60% | -3.26 | 77.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.02 | 0.93% |
| Allowance / Loans (%) | — | 1.45% | -0.10% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +0.06 | 1.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▅█▇ | Net Interest Margin (%) | 3.52% | 3.54% | 3.67% | 3.77% | 3.81% | 3.73% | 3.91% | 3.84% |
| ▁▅▆██▆▆▄ | Return on Assets (%) | 1.04% | 1.36% | 1.41% | 1.53% | 1.55% | 1.40% | 1.37% | 1.30% |
| ▂▁▃▁▁▄▇█ | Efficiency Ratio (%) | 54.7% | 54.4% | 55.7% | 53.7% | 53.7% | 56.8% | 59.5% | 61.1% |
| ▆█▃▃▂▁▁▂ | Cost of Funds (%) | 2.08% | 2.15% | 1.96% | 1.96% | 1.92% | 1.87% | 1.86% | 1.90% |
| █▁▇▇▇▆▇▇ | NPA / Assets (%) | 1.13% | 0.09% | 0.95% | 0.93% | 0.88% | 0.86% | 0.89% | 0.94% |
| █▁▇▇▇▆▆▇ | Net Charge-Off Ratio (%) | 1.63% | 0.13% | 1.33% | 1.32% | 1.27% | 1.18% | 1.20% | 1.38% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $35 | $35 | $36 | $37 | $38 | $38 | $38 | $39 |
| ▁▁▂▂▂▅██ | Gross Loans ($M) | $254 | $259 | $264 | $262 | $261 | $282 | $298 | $302 |
| ▁▁▁▁▂▃▄█ | Total Deposits ($M) | $329 | $328 | $327 | $332 | $337 | $346 | $361 | $399 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 11% |