Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.68% | -0.09 | 0.77% |
| Return on Equity (%) | ▼ | 7.79% | -1.33 | 9.12% |
| Net Interest Margin (%) | ▼ | 3.19% | -0.12 | 3.31% |
| Efficiency Ratio (%) | ▼ | 64.74% | +2.43 | 62.31% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.17 | $1 |
| Cost of Funds (%) | ▲ | 2.76% | -0.18 | 2.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $374 | +15.83 | $359 |
| Gross Loans ($M) | ▲ | $274 | +13.48 | $260 |
| Loan Growth YoY (%) | ▲ | 79.40% | +0.66 | 78.74% |
| Total Deposits ($M) | ▲ | $340 | +14.11 | $326 |
| Shareholders Equity ($M) | ▲ | $33 | +1.89 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +1.89 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.02 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 79.40% | +0.66 | 78.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.77% | +0.99 | 1.78% |
| Allowance / Loans (%) | — | 1.32% | -0.02% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 3.70% | +1.25 | 2.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.57% | -0.37 | 14.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█████▆ | Net Interest Margin (%) | 2.83% | 2.91% | 3.30% | 3.31% | 3.28% | 3.31% | 3.30% | 3.19% |
| ▁▃████▇▅ | Return on Assets (%) | 0.55% | 0.63% | 0.78% | 0.77% | 0.76% | 0.77% | 0.73% | 0.68% |
| █▇▂▁▁▁▃▂ | Efficiency Ratio (%) | 74.4% | 71.3% | 64.8% | 62.3% | 63.2% | 61.7% | 64.9% | 64.7% |
| █▇▅▄▄▃▁▁ | Cost of Funds (%) | 3.18% | 3.12% | 3.00% | 2.95% | 2.91% | 2.87% | 2.74% | 2.76% |
| ▁▁▂▄▄▅█▆ | NPA / Assets (%) | 0.72% | 0.98% | 1.23% | 1.78% | 2.06% | 2.19% | 3.47% | 2.77% |
| ▁▁▂▄▄▄█▆ | Net Charge-Off Ratio (%) | 1.05% | 1.38% | 1.67% | 2.45% | 2.82% | 2.86% | 4.74% | 3.70% |
| ▄▁▃▅▇▇██ | Tang. Book Value ($M) | $30 | $29 | $30 | $31 | $32 | $32 | $33 | $33 |
| ▁▂▅▅▆▇██ | Gross Loans ($M) | $241 | $248 | $259 | $260 | $266 | $271 | $276 | $274 |
| ▁▁▁▃▅▅██ | Total Deposits ($M) | $318 | $321 | $321 | $326 | $331 | $332 | $342 | $340 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 8% |
| Agricultural | 10% |
| Consumer | 11% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 18% |