Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +2.88 | -1.33% |
| Return on Equity (%) | ▲ | 10.49% | +20.31 | -9.82% |
| Net Interest Margin (%) | ▼ | 3.51% | -0.40 | 3.90% |
| Efficiency Ratio (%) | ▲ | 56.77% | -1.89 | 58.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 0.57% | -0.03 | 0.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +5.19 | $178 |
| Gross Loans ($M) | ▼ | $39 | -16.02 | $56 |
| Loan Growth YoY (%) | ▼ | 25.39% | -10.64 | 36.03% |
| Total Deposits ($M) | ▲ | $153 | +1.26 | $152 |
| Shareholders Equity ($M) | ▲ | $28 | +3.62 | $25 |
| Tang. Book Value ($M) | ▲ | $26 | +3.62 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.19 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 25.39% | -10.64 | 36.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.54 | 0.03% |
| Allowance / Loans (%) | — | 1.44% | 0.14% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 2.60% | +2.52 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 48.24% | +15.25 | 33.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█▆▆▆▃▄ | Net Interest Margin (%) | 2.90% | 3.10% | 4.27% | 3.90% | 3.80% | 3.83% | 3.32% | 3.51% |
| ██▁▂▃▄▇▇ | Return on Assets (%) | 1.96% | 2.09% | -1.85% | -1.33% | -0.43% | 0.05% | 1.41% | 1.54% |
| ▁▂██████ | Efficiency Ratio (%) | 33.3% | 37.0% | 58.9% | 58.7% | 60.0% | 57.7% | 58.2% | 56.8% |
| █▄▁▂▂▂▁▂ | Cost of Funds (%) | 0.91% | 0.69% | 0.54% | 0.60% | 0.61% | 0.59% | 0.51% | 0.57% |
| ▁▁▁▁▃▃█▄ | NPA / Assets (%) | 0.08% | 0.00% | 0.00% | 0.03% | 0.49% | 0.47% | 1.36% | 0.56% |
| ▁▁▁▁▃▃█▄ | Net Charge-Off Ratio (%) | 0.28% | 0.01% | 0.01% | 0.08% | 1.70% | 1.88% | 5.98% | 2.60% |
| ▂▁▄▂▃▆▇█ | Tang. Book Value ($M) | $22 | $22 | $24 | $23 | $23 | $25 | $25 | $26 |
| ████▇▅▂▁ | Gross Loans ($M) | $55 | $55 | $56 | $56 | $54 | $48 | $43 | $39 |
| █▇▅▁▅█▆▁ | Total Deposits ($M) | $165 | $162 | $159 | $152 | $159 | $165 | $161 | $153 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 20% |
| Agricultural | 14% |
| Consumer | 4% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 4% |