Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.26% | +0.12 | 0.15% |
| Return on Equity (%) | ▲ | 4.20% | +1.82 | 2.38% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.35 | 3.24% |
| Efficiency Ratio (%) | ▲ | 89.31% | -5.70 | 95.01% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.00 | $0 |
| Cost of Funds (%) | ▲ | 2.28% | -0.01 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $360 | +16.63 | $343 |
| Gross Loans ($M) | ▲ | $268 | +28.08 | $240 |
| Loan Growth YoY (%) | ▲ | 80.23% | +5.71 | 74.52% |
| Total Deposits ($M) | ▲ | $331 | +12.21 | $319 |
| Shareholders Equity ($M) | ▲ | $23 | +2.09 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +2.09 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.80 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 80.23% | +5.71 | 74.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.02 | 0.33% |
| Allowance / Loans (%) | — | 0.92% | -0.07% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.12 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.98% | -0.15 | 10.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.75% | 2.77% | 3.12% | 3.24% | 3.34% | 3.36% | 3.51% | 3.59% |
| ▁▂▅▆▇▇██ | Return on Assets (%) | -0.31% | -0.21% | 0.01% | 0.15% | 0.23% | 0.17% | 0.32% | 0.26% |
| ██▅▃▂▃▁▁ | Efficiency Ratio (%) | 109.2% | 110.4% | 99.7% | 95.0% | 91.7% | 93.2% | 86.5% | 89.3% |
| █▆▄▂▄▁▂▂ | Cost of Funds (%) | 2.80% | 2.59% | 2.46% | 2.29% | 2.49% | 2.20% | 2.28% | 2.28% |
| ▁▄▂▁▂▅█▂ | NPA / Assets (%) | 0.31% | 0.39% | 0.35% | 0.33% | 0.34% | 0.42% | 0.50% | 0.35% |
| ▄█▅▅▄▃▃▁ | Net Charge-Off Ratio (%) | 0.47% | 0.59% | 0.48% | 0.48% | 0.47% | 0.44% | 0.43% | 0.36% |
| ▄▁▂▃▇███ | Tang. Book Value ($M) | $21 | $20 | $20 | $21 | $22 | $22 | $23 | $23 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $216 | $224 | $229 | $240 | $246 | $249 | $258 | $268 |
| ▁▃▁▄▄█▅▆ | Total Deposits ($M) | $300 | $311 | $293 | $319 | $315 | $345 | $323 | $331 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 28% |