Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.91% | -0.38 | 1.29% |
| Return on Equity (%) | ▼ | 10.34% | -4.87 | 15.21% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.56 | 3.86% |
| Efficiency Ratio (%) | ▼ | 63.99% | +8.55 | 55.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.34% | -0.55 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $303 | +30.72 | $272 |
| Gross Loans ($M) | ▲ | $189 | +28.30 | $161 |
| Loan Growth YoY (%) | ▼ | 71.40% | -8.50 | 79.89% |
| Total Deposits ($M) | ▲ | $260 | +62.27 | $197 |
| Shareholders Equity ($M) | ▲ | $28 | +3.41 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.22 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.37 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 71.40% | -8.50 | 79.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.35% | +3.97 | 0.39% |
| Allowance / Loans (%) | — | 2.10% | 0.01% | 2.10% |
| Net Charge-Off Ratio (%) | ▼ | 6.97% | +6.32 | 0.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.22% | -1.79 | 14.01% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▂▄▅▇█ | Net Interest Margin (%) | 3.98% | 3.93% | 3.69% | 3.86% | 4.05% | 4.09% | 4.31% | 4.43% |
| ▁▃▇██▅▁▅ | Return on Assets (%) | 0.50% | 0.71% | 1.19% | 1.29% | 1.39% | 1.01% | 0.43% | 0.91% |
| ▁▁▂▁▁▄█▆ | Efficiency Ratio (%) | 55.5% | 56.2% | 57.3% | 55.4% | 54.8% | 61.0% | 69.4% | 64.0% |
| ██▇▆▆▅▃▁ | Cost of Funds (%) | 2.21% | 2.16% | 1.99% | 1.88% | 1.95% | 1.79% | 1.58% | 1.34% |
| ▁▁▁▁▂▃▃█ | NPA / Assets (%) | 0.26% | 0.24% | 0.67% | 0.39% | 0.89% | 1.39% | 1.49% | 4.35% |
| ▁▁▁▁▂▃▃█ | Net Charge-Off Ratio (%) | 0.45% | 0.40% | 1.14% | 0.65% | 1.44% | 2.15% | 2.32% | 6.97% |
| ▄▁▂▄█▇▅█ | Tang. Book Value ($M) | $24 | $22 | $23 | $24 | $26 | $25 | $25 | $26 |
| ▁▂▁▁▃█▆▆ | Gross Loans ($M) | $156 | $163 | $158 | $161 | $171 | $203 | $188 | $189 |
| ▁▂▂▁▂███ | Total Deposits ($M) | $189 | $201 | $203 | $197 | $200 | $260 | $255 | $260 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 29% |
| Agricultural | 28% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 10% |