Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.93% | -0.03 | 1.96% |
| Return on Equity (%) | ▼ | 19.54% | -0.72 | 20.26% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.27 | 4.04% |
| Efficiency Ratio (%) | ▼ | 55.28% | +0.08 | 55.19% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.35 | $4 |
| Cost of Funds (%) | ▲ | 1.64% | -0.20 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $632 | +12.74 | $619 |
| Gross Loans ($M) | ▲ | $475 | +7.44 | $467 |
| Loan Growth YoY (%) | ▼ | 84.34% | -3.75 | 88.09% |
| Total Deposits ($M) | ▲ | $558 | +31.56 | $527 |
| Shareholders Equity ($M) | ▲ | $62 | +3.14 | $59 |
| Tang. Book Value ($M) | ▲ | $62 | +3.16 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +3.09 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 84.34% | -3.75 | 88.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.89% | -0.43 | 1.32% |
| Allowance / Loans (%) | — | 0.77% | 0.11% | 0.66% |
| Net Charge-Off Ratio (%) | ▲ | 1.04% | -0.71 | 1.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.76% | 3.81% | 3.93% | 4.04% | 4.07% | 4.10% | 4.32% | 4.31% |
| ▂▁▁█▇▆▇█ | Return on Assets (%) | 1.67% | 1.66% | 1.62% | 1.96% | 1.89% | 1.87% | 1.88% | 1.93% |
| █▇█▁▁▁▃▁ | Efficiency Ratio (%) | 59.0% | 58.5% | 59.2% | 55.2% | 54.9% | 54.9% | 56.0% | 55.3% |
| █▅▁▃▆▂▁▁ | Cost of Funds (%) | 2.29% | 2.03% | 1.68% | 1.84% | 2.08% | 1.75% | 1.62% | 1.64% |
| ▁▂▄▆▇█▃▄ | NPA / Assets (%) | 0.28% | 0.63% | 0.93% | 1.32% | 1.53% | 1.74% | 0.83% | 0.89% |
| ▁▂▄▆▇█▃▃ | Net Charge-Off Ratio (%) | 0.36% | 0.85% | 1.30% | 1.74% | 1.99% | 2.33% | 1.00% | 1.04% |
| ▁▁▁▃▅▆▆█ | Tang. Book Value ($M) | $57 | $57 | $57 | $59 | $59 | $60 | $60 | $62 |
| ▅▁▃█▅▄▅█ | Gross Loans ($M) | $444 | $407 | $426 | $467 | $446 | $434 | $445 | $475 |
| ▁▁▅▅▅▆██ | Total Deposits ($M) | $494 | $488 | $528 | $527 | $532 | $539 | $556 | $558 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 8% |
| Agricultural | 21% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 22% |