Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.91% | -0.50 | 2.41% |
| Return on Equity (%) | ▼ | 17.46% | -5.37 | 22.83% |
| Net Interest Margin (%) | ▼ | 4.24% | -0.83 | 5.07% |
| Efficiency Ratio (%) | ▼ | 49.16% | +1.87 | 47.29% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.06 | $3 |
| Cost of Funds (%) | ▲ | 2.37% | -0.31 | 2.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $611 | +120.22 | $491 |
| Gross Loans ($M) | ▲ | $491 | +112.71 | $378 |
| Loan Growth YoY (%) | ▲ | 107.14% | +13.49 | 93.66% |
| Total Deposits ($M) | ▲ | $453 | +53.30 | $400 |
| Shareholders Equity ($M) | ▲ | $65 | +10.08 | $55 |
| Tang. Book Value ($M) | ▲ | $62 | +8.99 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $64 | +9.19 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 107.14% | +13.49 | 93.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.58% | +2.46 | 2.12% |
| Allowance / Loans (%) | — | 1.02% | 0.13% | 0.89% |
| Net Charge-Off Ratio (%) | ▼ | 5.66% | +2.91 | 2.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▅▄▃▁▁ | Net Interest Margin (%) | 5.61% | 5.39% | 5.12% | 5.07% | 4.77% | 4.61% | 4.38% | 4.24% |
| █▇▆▆▁▁▁▁ | Return on Assets (%) | 2.59% | 2.43% | 2.40% | 2.41% | 1.96% | 1.90% | 1.98% | 1.91% |
| ██▃▁▄▅▃▃ | Efficiency Ratio (%) | 54.2% | 54.2% | 49.8% | 47.3% | 50.6% | 50.9% | 49.2% | 49.2% |
| ▆▂▂▆█▂▁▁ | Cost of Funds (%) | 2.65% | 2.41% | 2.43% | 2.68% | 2.80% | 2.43% | 2.34% | 2.37% |
| ▃▃▁▃▄▄▅█ | NPA / Assets (%) | 2.18% | 2.06% | 1.06% | 2.12% | 2.51% | 2.66% | 3.13% | 4.58% |
| ▃▃▁▃▃▂▅█ | Net Charge-Off Ratio (%) | 2.62% | 2.76% | 1.40% | 2.75% | 2.50% | 2.47% | 3.98% | 5.66% |
| ▁▁▂▆▆███ | Tang. Book Value ($M) | $37 | $39 | $41 | $53 | $54 | $59 | $62 | $62 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $277 | $279 | $322 | $378 | $408 | $419 | $443 | $491 |
| ▁▁▃▆▇▇██ | Total Deposits ($M) | $296 | $306 | $348 | $400 | $421 | $433 | $448 | $453 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 8% |
| Agricultural | 15% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 22% |