Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.34 | 0.86% |
| Return on Equity (%) | ▲ | 11.80% | +2.20 | 9.60% |
| Net Interest Margin (%) | ▲ | 4.56% | +0.41 | 4.16% |
| Efficiency Ratio (%) | ▲ | 61.03% | -2.75 | 63.77% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.49 | $4 |
| Cost of Funds (%) | ▲ | 2.12% | -0.20 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $872 | -22.28 | $895 |
| Gross Loans ($M) | ▼ | $745 | -22.35 | $768 |
| Loan Growth YoY (%) | ▼ | 95.19% | -0.00 | 95.19% |
| Total Deposits ($M) | ▼ | $769 | -20.26 | $789 |
| Shareholders Equity ($M) | ▲ | $93 | +7.22 | $85 |
| Tang. Book Value ($M) | ▲ | $92 | +7.45 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +8.75 | $87 |
| Loan / Deposit Ratio (%) | ▼ | 95.19% | -0.00 | 95.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.89% | +0.21 | 0.68% |
| Allowance / Loans (%) | — | 1.84% | -0.34% | 2.18% |
| Net Charge-Off Ratio (%) | ▼ | 1.04% | +0.28 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▇█ | Net Interest Margin (%) | 3.49% | 3.51% | 3.92% | 4.16% | 4.23% | 4.25% | 4.42% | 4.56% |
| ▁▁▄▅▅▅▇█ | Return on Assets (%) | 0.44% | 0.50% | 0.76% | 0.86% | 0.90% | 0.88% | 1.01% | 1.20% |
| ██▂▂▂▂▁▁ | Efficiency Ratio (%) | 77.1% | 75.2% | 64.4% | 63.8% | 63.1% | 63.8% | 61.6% | 61.0% |
| █▆▆▃▃▂▁▁ | Cost of Funds (%) | 2.89% | 2.62% | 2.61% | 2.32% | 2.34% | 2.31% | 2.19% | 2.12% |
| ▆▃▂▁▆██▄ | NPA / Assets (%) | 1.05% | 0.88% | 0.80% | 0.68% | 1.04% | 1.21% | 1.22% | 0.89% |
| ▅▄▂▁▆█▅▄ | Net Charge-Off Ratio (%) | 1.17% | 1.03% | 0.91% | 0.76% | 1.23% | 1.47% | 1.13% | 1.04% |
| ▁▁▂▄▅▆▆█ | Tang. Book Value ($M) | $80 | $80 | $82 | $84 | $86 | $88 | $89 | $92 |
| ██▆▅▄▃▂▁ | Gross Loans ($M) | $783 | $785 | $775 | $768 | $762 | $756 | $752 | $745 |
| ▃█▅▂▄▄▂▁ | Total Deposits ($M) | $802 | $888 | $829 | $789 | $815 | $820 | $786 | $769 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 34% |
| Agricultural | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 19% |