Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.30% | -0.05 | 1.35% |
| Return on Equity (%) | ▼ | 15.98% | -6.56 | 22.54% |
| Net Interest Margin (%) | ▲ | 3.16% | +0.29 | 2.88% |
| Efficiency Ratio (%) | ▼ | 61.79% | +4.37 | 57.42% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.81% | -0.31 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $441 | +15.49 | $426 |
| Gross Loans ($M) | ▼ | $256 | -3.11 | $259 |
| Loan Growth YoY (%) | ▼ | 67.88% | -2.64 | 70.52% |
| Total Deposits ($M) | ▲ | $371 | +9.34 | $361 |
| Shareholders Equity ($M) | ▲ | $36 | +8.85 | $27 |
| Tang. Book Value ($M) | ▲ | $33 | +8.85 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +8.39 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 67.88% | -2.64 | 70.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.13 | 0.15% |
| Allowance / Loans (%) | — | 1.64% | 0.06% | 1.58% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.15 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.59% | 2.61% | 2.74% | 2.88% | 2.94% | 2.99% | 3.10% | 3.16% |
| ▁▁██▇██▇ | Return on Assets (%) | 1.07% | 1.08% | 1.34% | 1.35% | 1.31% | 1.35% | 1.36% | 1.30% |
| ██▁▂▅▅▃▇ | Efficiency Ratio (%) | 62.1% | 62.6% | 56.1% | 57.4% | 59.4% | 59.4% | 57.8% | 61.8% |
| ██▅▅▅▃▁▁ | Cost of Funds (%) | 2.31% | 2.33% | 2.08% | 2.12% | 2.13% | 1.96% | 1.79% | 1.81% |
| ▁▁▂▁▁▃▃█ | NPA / Assets (%) | 0.13% | 0.13% | 0.15% | 0.15% | 0.14% | 0.17% | 0.18% | 0.27% |
| ▁▁▃▂▁▃▅█ | Net Charge-Off Ratio (%) | 0.23% | 0.22% | 0.26% | 0.24% | 0.24% | 0.28% | 0.31% | 0.39% |
| ▅▁▁▂▆███ | Tang. Book Value ($M) | $28 | $22 | $23 | $24 | $29 | $32 | $32 | $33 |
| ▇█▃▅▃▃▁▄ | Gross Loans ($M) | $264 | $267 | $256 | $259 | $255 | $254 | $249 | $256 |
| ▁▃█▅▃▂▇▇ | Total Deposits ($M) | $343 | $356 | $378 | $361 | $355 | $349 | $370 | $371 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 11% |
| Agricultural | 23% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 9% |