Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.15 | 1.48% |
| Return on Equity (%) | ▼ | 18.63% | -0.09 | 18.72% |
| Net Interest Margin (%) | ▼ | 4.79% | -0.02 | 4.81% |
| Efficiency Ratio (%) | ▲ | 48.07% | -6.79 | 54.87% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.40 | $4 |
| Cost of Funds (%) | ▲ | 1.86% | -0.26 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $862 | +101.41 | $761 |
| Gross Loans ($M) | ▲ | $621 | +43.10 | $578 |
| Loan Growth YoY (%) | ▼ | 78.14% | -3.93 | 82.07% |
| Total Deposits ($M) | ▲ | $785 | +88.97 | $696 |
| Shareholders Equity ($M) | ▲ | $74 | +11.94 | $62 |
| Tang. Book Value ($M) | ▲ | $74 | +11.94 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $79 | +11.76 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 78.14% | -3.93 | 82.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.54% | -0.67 | 2.21% |
| Allowance / Loans (%) | — | 1.24% | 0.07% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 1.86% | -0.91 | 2.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▁▄█▄▅▂▇ | Net Interest Margin (%) | 4.83% | 4.66% | 4.72% | 4.81% | 4.73% | 4.76% | 4.69% | 4.79% |
| ▅▁▇▇████ | Return on Assets (%) | 1.28% | 0.74% | 1.46% | 1.48% | 1.58% | 1.55% | 1.59% | 1.63% |
| ▅█▃▃▂▂▁▁ | Efficiency Ratio (%) | 62.3% | 73.9% | 55.0% | 54.9% | 52.2% | 53.8% | 49.9% | 48.1% |
| █▇▅▅▅▄▂▁ | Cost of Funds (%) | 2.33% | 2.23% | 2.11% | 2.11% | 2.14% | 2.04% | 1.94% | 1.86% |
| ▇██▇▁▂▅▁ | NPA / Assets (%) | 2.24% | 2.31% | 2.35% | 2.21% | 1.48% | 1.62% | 1.92% | 1.54% |
| ▇█▆▆▁▁▃▁ | Net Charge-Off Ratio (%) | 2.96% | 3.21% | 2.85% | 2.76% | 1.83% | 1.82% | 2.22% | 1.86% |
| ▂▁▂▃▄▆▇█ | Tang. Book Value ($M) | $60 | $56 | $60 | $62 | $65 | $68 | $71 | $74 |
| ▁▁▃▅▄▇██ | Gross Loans ($M) | $520 | $529 | $551 | $578 | $564 | $602 | $612 | $621 |
| ▁▄▄▅▄▄▅█ | Total Deposits ($M) | $602 | $677 | $682 | $696 | $685 | $673 | $714 | $785 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 17% |