Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.03% | -0.24 | 2.28% |
| Return on Equity (%) | ▼ | 12.81% | -2.62 | 15.43% |
| Net Interest Margin (%) | ▼ | 3.41% | -0.16 | 3.57% |
| Efficiency Ratio (%) | ▼ | 28.58% | +5.19 | 23.38% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.44 | $4 |
| Cost of Funds (%) | ▲ | 1.06% | -0.11 | 1.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $597 | +16.06 | $581 |
| Gross Loans ($M) | ▼ | $138 | -5.13 | $143 |
| Loan Growth YoY (%) | ▼ | 27.30% | -1.49 | 28.79% |
| Total Deposits ($M) | ▲ | $498 | +8.37 | $490 |
| Shareholders Equity ($M) | ▲ | $98 | +7.44 | $90 |
| Tang. Book Value ($M) | ▲ | $98 | +7.44 | $90 |
| TBV excl. AOCI ($M)** | ▲ | $113 | +9.75 | $103 |
| Loan / Deposit Ratio (%) | ▼ | 27.30% | -1.49 | 28.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.12 | 0.64% |
| Allowance / Loans (%) | — | 1.22% | -0.04% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 3.22% | +1.25 | 1.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▃▂▂▁▁ | Net Interest Margin (%) | 3.97% | 3.92% | 3.60% | 3.57% | 3.55% | 3.55% | 3.43% | 3.41% |
| █▆▅▆▄▁▁▁ | Return on Assets (%) | 2.43% | 2.28% | 2.25% | 2.28% | 2.19% | 2.06% | 2.01% | 2.03% |
| ▁▅▃▃▄███ | Efficiency Ratio (%) | 20.5% | 25.1% | 23.1% | 23.4% | 24.3% | 29.0% | 28.1% | 28.6% |
| ▆▆▄▇█▃▁▁ | Cost of Funds (%) | 1.15% | 1.15% | 1.11% | 1.17% | 1.20% | 1.10% | 1.04% | 1.06% |
| ▁▁▃▂▆▆█▆ | NPA / Assets (%) | 0.58% | 0.57% | 0.67% | 0.64% | 0.78% | 0.77% | 0.88% | 0.77% |
| ▁▁▄▃▅▅██ | Net Charge-Off Ratio (%) | 1.48% | 1.68% | 2.15% | 1.96% | 2.49% | 2.54% | 3.08% | 3.22% |
| ▁▁▂▄▅▅▇█ | Tang. Book Value ($M) | $83 | $83 | $87 | $90 | $92 | $92 | $94 | $98 |
| █▃▂▂▂▁▁▁ | Gross Loans ($M) | $161 | $145 | $141 | $143 | $142 | $140 | $138 | $138 |
| ▁▇█▁▁▅▆▅ | Total Deposits ($M) | $489 | $503 | $506 | $490 | $490 | $498 | $501 | $498 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 17% |