Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.18% | -0.92 | 3.10% |
| Return on Equity (%) | ▼ | 20.51% | -8.42 | 28.93% |
| Net Interest Margin (%) | ▼ | 6.48% | -0.29 | 6.77% |
| Efficiency Ratio (%) | ▼ | 63.98% | +7.69 | 56.28% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.14 | $3 |
| Cost of Funds (%) | ▼ | 0.22% | +0.00 | 0.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $320 | -1.64 | $321 |
| Gross Loans ($M) | ▼ | $208 | -16.60 | $225 |
| Loan Growth YoY (%) | ▼ | 72.63% | -5.49 | 78.12% |
| Total Deposits ($M) | ▼ | $283 | -1.52 | $285 |
| Shareholders Equity ($M) | ▼ | $36 | -0.21 | $36 |
| Tang. Book Value ($M) | ▼ | $35 | -0.15 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +0.12 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 72.63% | -5.49 | 78.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.58% | -0.30 | 1.88% |
| Allowance / Loans (%) | — | 1.34% | 0.16% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 2.23% | -0.06 | 2.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.08% | +0.67 | 16.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄█▇█▇▁▁ | Net Interest Margin (%) | 6.48% | 6.64% | 6.83% | 6.77% | 6.79% | 6.78% | 6.46% | 6.48% |
| ▂▃██▂▄▂▁ | Return on Assets (%) | 2.38% | 2.51% | 3.01% | 3.10% | 2.40% | 2.56% | 2.37% | 2.18% |
| ▁▁▅▂▁▁▅█ | Efficiency Ratio (%) | 55.5% | 55.0% | 59.3% | 56.3% | 54.9% | 54.6% | 59.6% | 64.0% |
| █▁▁▆▄▆▆▇ | Cost of Funds (%) | 0.23% | 0.17% | 0.17% | 0.21% | 0.20% | 0.21% | 0.21% | 0.22% |
| █▁▁▄▅▁▄▂ | NPA / Assets (%) | 2.59% | 1.29% | 1.31% | 1.88% | 1.96% | 1.32% | 1.91% | 1.58% |
| █▂▂▄▄▁▄▄ | Net Charge-Off Ratio (%) | 3.40% | 1.72% | 1.79% | 2.29% | 2.14% | 1.29% | 2.13% | 2.23% |
| █▁▃▆█▁▄▆ | Tang. Book Value ($M) | $37 | $31 | $33 | $36 | $37 | $32 | $34 | $35 |
| █▆█▆▅▄▁▁ | Gross Loans ($M) | $230 | $227 | $233 | $225 | $221 | $219 | $209 | $208 |
| ▁▃██▅██▇ | Total Deposits ($M) | $264 | $272 | $284 | $285 | $276 | $284 | $287 | $283 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 14% |
| Agricultural | 6% |
| Consumer | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 57% |
| Interest-Bearing (core) | 39% |
| Brokered / Other | 4% |