Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.25 | 1.02% |
| Return on Equity (%) | ▲ | 13.21% | +1.49 | 11.72% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.30 | 3.47% |
| Efficiency Ratio (%) | ▲ | 57.43% | -0.83 | 58.27% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.30 | $2 |
| Cost of Funds (%) | ▲ | 2.07% | -0.28 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $554 | -2.99 | $557 |
| Gross Loans ($M) | ▼ | $420 | -10.72 | $431 |
| Loan Growth YoY (%) | ▼ | 89.80% | -2.95 | 92.76% |
| Total Deposits ($M) | ▲ | $460 | +2.76 | $457 |
| Shareholders Equity ($M) | ▲ | $55 | +6.66 | $48 |
| Tang. Book Value ($M) | ▲ | $53 | +6.63 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +6.85 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 89.80% | -2.95 | 92.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.43% | +0.31 | 1.12% |
| Allowance / Loans (%) | — | 1.64% | 0.11% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 1.88% | +0.43 | 1.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆▆▇█ | Net Interest Margin (%) | 3.19% | 3.22% | 3.41% | 3.47% | 3.55% | 3.60% | 3.68% | 3.77% |
| ▂▂▁▄▆▇▇█ | Return on Assets (%) | 0.91% | 0.87% | 0.81% | 1.02% | 1.12% | 1.17% | 1.17% | 1.27% |
| ██▅▂▁▁▃▁ | Efficiency Ratio (%) | 63.3% | 63.7% | 60.7% | 58.3% | 57.9% | 58.0% | 59.4% | 57.4% |
| █▇▄▅▅▃▁▁ | Cost of Funds (%) | 2.59% | 2.51% | 2.28% | 2.35% | 2.37% | 2.24% | 2.12% | 2.07% |
| ▄▄▁▆▄▄██ | NPA / Assets (%) | 0.88% | 0.96% | 0.52% | 1.12% | 0.91% | 0.97% | 1.46% | 1.43% |
| ▄▄▁▆▄▄██ | Net Charge-Off Ratio (%) | 1.16% | 1.27% | 0.67% | 1.45% | 1.18% | 1.26% | 1.90% | 1.88% |
| ▂▁▁▂▅▇██ | Tang. Book Value ($M) | $46 | $45 | $46 | $47 | $50 | $52 | $53 | $53 |
| ▁▂▆████▆ | Gross Loans ($M) | $391 | $397 | $420 | $431 | $432 | $432 | $429 | $420 |
| ▁▂▅█████ | Total Deposits ($M) | $422 | $431 | $444 | $457 | $457 | $458 | $460 | $460 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 21% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 29% |