Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.16% | -0.22 | 1.38% |
| Return on Equity (%) | ▼ | 7.51% | -1.96 | 9.47% |
| Net Interest Margin (%) | ▼ | 3.57% | -0.15 | 3.72% |
| Efficiency Ratio (%) | ▼ | 57.99% | +5.22 | 52.77% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.12 | $2 |
| Cost of Funds (%) | ▲ | 1.81% | -0.20 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $384 | +18.59 | $366 |
| Gross Loans ($M) | ▼ | $144 | -10.37 | $155 |
| Loan Growth YoY (%) | ▼ | 43.44% | -5.37 | 48.81% |
| Total Deposits ($M) | ▲ | $324 | +14.17 | $309 |
| Shareholders Equity ($M) | ▲ | $60 | +4.36 | $56 |
| Tang. Book Value ($M) | ▲ | $60 | +4.36 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +4.46 | $61 |
| Loan / Deposit Ratio (%) | ▼ | 43.44% | -5.37 | 48.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.61% | +0.39 | 0.22% |
| Allowance / Loans (%) | — | 2.65% | 0.23% | 2.42% |
| Net Charge-Off Ratio (%) | ▼ | 1.64% | +1.10 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆███▃▁ | Net Interest Margin (%) | 3.71% | 3.70% | 3.68% | 3.72% | 3.71% | 3.72% | 3.63% | 3.57% |
| █▇▄▆▆▅▁▂ | Return on Assets (%) | 1.53% | 1.42% | 1.26% | 1.38% | 1.41% | 1.34% | 1.05% | 1.16% |
| ▁▂▄▂▂▃█▅ | Efficiency Ratio (%) | 49.9% | 52.5% | 56.0% | 52.8% | 53.1% | 55.1% | 63.9% | 58.0% |
| █▃▆▆▅▁▁▁ | Cost of Funds (%) | 2.14% | 1.92% | 2.02% | 2.01% | 2.00% | 1.82% | 1.79% | 1.81% |
| ▁▁▂▁▆███ | NPA / Assets (%) | 0.18% | 0.20% | 0.25% | 0.22% | 0.52% | 0.63% | 0.63% | 0.61% |
| ▁▁▂▁▆███ | Net Charge-Off Ratio (%) | 0.38% | 0.48% | 0.60% | 0.53% | 1.25% | 1.60% | 1.63% | 1.64% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $52 | $53 | $55 | $56 | $58 | $59 | $59 | $60 |
| █▆▆▅▄▃▂▁ | Gross Loans ($M) | $163 | $158 | $156 | $155 | $153 | $151 | $149 | $144 |
| ▁▇█▄▄███ | Total Deposits ($M) | $297 | $321 | $325 | $309 | $310 | $324 | $324 | $324 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 14% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 10% |