Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.19% | -0.27 | 2.46% |
| Return on Equity (%) | ▼ | 25.93% | -3.10 | 29.03% |
| Net Interest Margin (%) | ▼ | 4.93% | -0.48 | 5.41% |
| Efficiency Ratio (%) | ▼ | 49.83% | +0.67 | 49.16% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.30 | $3 |
| Cost of Funds (%) | ▲ | 2.03% | -0.15 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $470 | +37.37 | $432 |
| Gross Loans ($M) | ▲ | $373 | +6.87 | $366 |
| Loan Growth YoY (%) | ▼ | 86.84% | -5.70 | 92.54% |
| Total Deposits ($M) | ▲ | $426 | +33.85 | $392 |
| Shareholders Equity ($M) | ▲ | $40 | +3.71 | $36 |
| Tang. Book Value ($M) | ▲ | $37 | +3.71 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 86.84% | -5.70 | 92.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -1.50 | 1.59% |
| Allowance / Loans (%) | — | 0.81% | -0.06% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -1.77 | 1.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.34% | +0.66 | 9.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▃▄▄▄▁▁ | Net Interest Margin (%) | 6.10% | 5.87% | 5.24% | 5.41% | 5.48% | 5.50% | 4.94% | 4.93% |
| █▆▁▃▅▁▂▁ | Return on Assets (%) | 2.98% | 2.70% | 2.26% | 2.46% | 2.60% | 2.24% | 2.30% | 2.19% |
| ▂▅█▂▁▁▆▃ | Efficiency Ratio (%) | 49.2% | 51.1% | 53.4% | 49.2% | 48.3% | 48.8% | 51.5% | 49.8% |
| ███▅▇▅▁▂ | Cost of Funds (%) | 2.30% | 2.31% | 2.31% | 2.18% | 2.25% | 2.16% | 1.97% | 2.03% |
| ▇▇█▆▃▁▁▁ | NPA / Assets (%) | 1.78% | 1.66% | 2.17% | 1.59% | 0.84% | 0.32% | 0.29% | 0.09% |
| ▇▇█▆▃▁▁▁ | Net Charge-Off Ratio (%) | 2.11% | 2.13% | 2.63% | 1.88% | 0.88% | 0.30% | 0.36% | 0.11% |
| ▁▁▁▃▅▇██ | Tang. Book Value ($M) | $33 | $32 | $33 | $34 | $35 | $36 | $37 | $37 |
| ▁▁▃▇███▇ | Gross Loans ($M) | $317 | $321 | $339 | $366 | $382 | $378 | $375 | $373 |
| ▁▃▃▅▆███ | Total Deposits ($M) | $344 | $373 | $373 | $392 | $401 | $420 | $423 | $426 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 14% |
| Agricultural | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 25% |