Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.09% | -0.25 | 1.33% |
| Return on Equity (%) | ▼ | 11.61% | -3.07 | 14.68% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.22 | 3.47% |
| Efficiency Ratio (%) | ▼ | 57.31% | +3.72 | 53.59% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.67 | $3 |
| Cost of Funds (%) | ▲ | 1.82% | -0.06 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $495 | +18.10 | $476 |
| Gross Loans ($M) | ▲ | $289 | +2.23 | $287 |
| Loan Growth YoY (%) | ▼ | 77.95% | -4.54 | 82.49% |
| Total Deposits ($M) | ▲ | $366 | +22.19 | $344 |
| Shareholders Equity ($M) | ▲ | $46 | +3.26 | $43 |
| Tang. Book Value ($M) | ▲ | $44 | +3.35 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +3.94 | $46 |
| Loan / Deposit Ratio (%) | ▼ | 77.95% | -4.54 | 82.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.07% | -0.13 | 1.21% |
| Allowance / Loans (%) | — | 1.25% | 0.18% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 1.33% | -0.59 | 1.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▇███ | Net Interest Margin (%) | 3.07% | 3.17% | 3.33% | 3.47% | 3.61% | 3.63% | 3.69% | 3.69% |
| ▁▂▄███▇▆ | Return on Assets (%) | 0.64% | 0.74% | 0.94% | 1.33% | 1.32% | 1.27% | 1.20% | 1.09% |
| ██▄▁▁▂▂▂ | Efficiency Ratio (%) | 70.8% | 68.7% | 61.7% | 53.6% | 52.9% | 55.4% | 57.2% | 57.3% |
| █▇▃▄▆▄▁▂ | Cost of Funds (%) | 2.02% | 1.96% | 1.83% | 1.88% | 1.95% | 1.88% | 1.75% | 1.82% |
| ▁▁▄▇▅██▆ | NPA / Assets (%) | 0.41% | 0.43% | 0.89% | 1.21% | 1.04% | 1.47% | 1.39% | 1.07% |
| ▁▁▅█▇▅▅▅ | Net Charge-Off Ratio (%) | 0.64% | 0.59% | 1.36% | 1.93% | 1.61% | 1.41% | 1.43% | 1.33% |
| ▂▁▁▄▇▇██ | Tang. Book Value ($M) | $38 | $37 | $38 | $41 | $43 | $43 | $43 | $44 |
| ▁▄▄▆█▇▆▇ | Gross Loans ($M) | $267 | $278 | $278 | $287 | $296 | $292 | $288 | $289 |
| ▁▃▅▄▃▆▇█ | Total Deposits ($M) | $325 | $338 | $346 | $344 | $339 | $354 | $360 | $366 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 12% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 19% |