Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.22% | -0.32 | 0.54% |
| Return on Equity (%) | ▼ | 2.62% | -3.30 | 5.92% |
| Net Interest Margin (%) | ▼ | 4.19% | -0.38 | 4.58% |
| Efficiency Ratio (%) | ▼ | 92.26% | +7.61 | 84.66% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.23 | $1 |
| Cost of Funds (%) | ▲ | 1.88% | -0.01 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $686 | +44.03 | $642 |
| Gross Loans ($M) | ▲ | $421 | +45.72 | $375 |
| Loan Growth YoY (%) | ▲ | 66.26% | +2.56 | 63.70% |
| Total Deposits ($M) | ▲ | $625 | +45.18 | $580 |
| Shareholders Equity ($M) | ▼ | $57 | -1.10 | $58 |
| Tang. Book Value ($M) | ▼ | $57 | -1.10 | $58 |
| TBV excl. AOCI ($M)** | ▼ | $68 | -0.98 | $69 |
| Loan / Deposit Ratio (%) | ▲ | 66.26% | +2.56 | 63.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.97% | -0.90 | 2.87% |
| Allowance / Loans (%) | — | 1.60% | 0.06% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 3.22% | -1.48 | 4.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.83% | -2.15 | 16.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▅▅▅▂▁ | Net Interest Margin (%) | 4.88% | 4.76% | 4.66% | 4.58% | 4.57% | 4.55% | 4.32% | 4.19% |
| ▂▁█▅▅█▃▂ | Return on Assets (%) | 0.22% | 0.10% | 0.88% | 0.54% | 0.52% | 0.85% | 0.34% | 0.22% |
| ▇█▁▄▅▄▇█ | Efficiency Ratio (%) | 89.0% | 91.8% | 77.2% | 84.7% | 85.2% | 83.2% | 88.9% | 92.3% |
| ██▄▃▃▂▁▃ | Cost of Funds (%) | 2.10% | 2.09% | 1.91% | 1.90% | 1.88% | 1.86% | 1.78% | 1.88% |
| ▇█▆▇▆▁▁▄ | NPA / Assets (%) | 3.08% | 3.52% | 2.61% | 2.87% | 2.76% | 0.97% | 0.81% | 1.97% |
| ▇█▆▇▆▁▁▄ | Net Charge-Off Ratio (%) | 4.94% | 5.75% | 4.33% | 4.70% | 4.42% | 1.50% | 1.26% | 3.22% |
| ▁▁▃▄█▆▄▂ | Tang. Book Value ($M) | $57 | $57 | $58 | $58 | $60 | $59 | $58 | $57 |
| ▁▁▁▁▄▄▇█ | Gross Loans ($M) | $373 | $378 | $373 | $375 | $392 | $395 | $410 | $421 |
| ▁▂▃▄▄▅██ | Total Deposits ($M) | $538 | $558 | $570 | $580 | $580 | $596 | $632 | $625 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 4% |