Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.50% | -0.11 | 1.60% |
| Return on Equity (%) | ▼ | 16.94% | -1.26 | 18.20% |
| Net Interest Margin (%) | ▼ | 5.00% | -0.12 | 5.12% |
| Efficiency Ratio (%) | ▼ | 59.55% | +3.52 | 56.03% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.07 | $2 |
| Cost of Funds (%) | ▲ | 2.39% | -0.17 | 2.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $334 | +32.83 | $301 |
| Gross Loans ($M) | ▲ | $265 | +24.89 | $240 |
| Loan Growth YoY (%) | ▼ | 86.38% | -3.63 | 90.01% |
| Total Deposits ($M) | ▲ | $301 | +38.78 | $262 |
| Shareholders Equity ($M) | ▲ | $30 | +3.42 | $26 |
| Tang. Book Value ($M) | ▲ | $30 | +3.42 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +3.79 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 86.38% | -3.63 | 90.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.55% | -0.04 | 0.60% |
| Allowance / Loans (%) | — | 1.85% | 0.19% | 1.66% |
| Net Charge-Off Ratio (%) | ▲ | 0.48% | -0.03 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.35% | -0.37 | 11.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▅█▆█▁▄ | Net Interest Margin (%) | 4.98% | 4.98% | 5.03% | 5.12% | 5.07% | 5.13% | 4.92% | 5.00% |
| ▇▄▇█▅▁▇▆ | Return on Assets (%) | 1.53% | 1.39% | 1.54% | 1.60% | 1.43% | 1.25% | 1.52% | 1.50% |
| ▁▆▄▃▇█▆▇ | Efficiency Ratio (%) | 53.7% | 58.3% | 57.0% | 56.0% | 58.9% | 60.4% | 58.1% | 59.6% |
| █▆▅▄▆▃▁▁ | Cost of Funds (%) | 2.85% | 2.67% | 2.63% | 2.56% | 2.68% | 2.50% | 2.36% | 2.39% |
| ▁█▁▄▇▃▇▃ | NPA / Assets (%) | 0.30% | 1.00% | 0.39% | 0.60% | 0.91% | 0.53% | 0.90% | 0.55% |
| ▁█▂▄█▃█▄ | Net Charge-Off Ratio (%) | 0.12% | 0.99% | 0.24% | 0.51% | 0.93% | 0.43% | 0.95% | 0.48% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $24 | $25 | $25 | $26 | $27 | $28 | $29 | $30 |
| ▁▂▃▅▅▆▇█ | Gross Loans ($M) | $210 | $219 | $227 | $240 | $240 | $249 | $255 | $265 |
| ▁▁▂▄▄▆██ | Total Deposits ($M) | $243 | $238 | $250 | $262 | $269 | $283 | $300 | $301 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 3% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 25% |