Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.61% | +0.06 | 0.55% |
| Return on Equity (%) | ▲ | 6.94% | +0.74 | 6.20% |
| Net Interest Margin (%) | ▼ | 3.31% | -0.14 | 3.45% |
| Efficiency Ratio (%) | ▼ | 71.43% | +3.89 | 67.54% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.45% | +0.13 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $577 | +76.87 | $501 |
| Gross Loans ($M) | ▲ | $234 | +9.18 | $225 |
| Loan Growth YoY (%) | ▼ | 43.94% | -4.90 | 48.85% |
| Total Deposits ($M) | ▲ | $526 | +72.75 | $453 |
| Shareholders Equity ($M) | ▲ | $50 | +3.92 | $46 |
| Tang. Book Value ($M) | ▲ | $50 | +3.92 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $63 | +6.73 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 43.94% | -4.90 | 48.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.69% | -0.80 | 3.49% |
| Allowance / Loans (%) | — | 1.38% | -0.32% | 1.69% |
| Net Charge-Off Ratio (%) | ▲ | 2.15% | -2.87 | 5.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 20.43% | -0.82 | 21.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂███▇▅▇ | Net Interest Margin (%) | 2.84% | 2.92% | 3.43% | 3.45% | 3.41% | 3.37% | 3.21% | 3.31% |
| ▇█▁▅▇▁▂▇ | Return on Assets (%) | 0.62% | 0.65% | 0.43% | 0.55% | 0.59% | 0.40% | 0.45% | 0.61% |
| ▄▄▁▁▂█▇▅ | Efficiency Ratio (%) | 70.8% | 70.5% | 68.1% | 67.5% | 68.7% | 74.6% | 73.7% | 71.4% |
| █▅▁▂▃▄▅▆ | Cost of Funds (%) | 1.55% | 1.41% | 1.23% | 1.31% | 1.33% | 1.39% | 1.41% | 1.45% |
| ▁▂█▃▂▂▁▁ | NPA / Assets (%) | 2.92% | 3.15% | 5.02% | 3.49% | 3.18% | 3.08% | 2.82% | 2.69% |
| ▇▃█▄▃▂▂▁ | Net Charge-Off Ratio (%) | 7.11% | 4.57% | 8.70% | 5.02% | 4.41% | 3.64% | 3.15% | 2.15% |
| ▅▁▃▅████ | Tang. Book Value ($M) | $46 | $42 | $45 | $46 | $50 | $51 | $50 | $50 |
| ▂▁▄▆█▇██ | Gross Loans ($M) | $211 | $204 | $218 | $225 | $236 | $228 | $234 | $234 |
| ▁▂▂▂▃▆██ | Total Deposits ($M) | $435 | $448 | $454 | $453 | $469 | $498 | $528 | $526 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |