Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.62 | 0.96% |
| Return on Equity (%) | ▲ | 14.53% | +6.35 | 8.18% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.27 | 4.00% |
| Efficiency Ratio (%) | ▼ | 46.46% | +3.55 | 42.91% |
| Pre-Provision Profit ($M) | ▼ | $4 | -1.18 | $5 |
| Cost of Funds (%) | ▲ | 2.29% | -0.09 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $803 | +38.81 | $764 |
| Gross Loans ($M) | ▲ | $665 | +41.86 | $623 |
| Loan Growth YoY (%) | ▼ | 95.74% | -3.62 | 99.36% |
| Total Deposits ($M) | ▲ | $668 | +55.84 | $613 |
| Shareholders Equity ($M) | ▼ | $92 | -2.33 | $94 |
| Tang. Book Value ($M) | ▼ | $92 | -2.33 | $94 |
| TBV excl. AOCI ($M)** | ▼ | $93 | -2.81 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 95.74% | -3.62 | 99.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 6.43% | +1.54 | 4.88% |
| Allowance / Loans (%) | — | 3.71% | 1.44% | 2.26% |
| Net Charge-Off Ratio (%) | ▼ | 5.72% | +1.15 | 4.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▅▅▅█▇ | Net Interest Margin (%) | 4.10% | 4.04% | 3.60% | 4.00% | 4.06% | 4.05% | 4.39% | 4.28% |
| █▇▅▆▃▁██ | Return on Assets (%) | 1.73% | 1.44% | 0.78% | 0.96% | 0.00% | -0.60% | 1.67% | 1.58% |
| ▁▁█▂▃▂▁▆ | Efficiency Ratio (%) | 42.1% | 42.0% | 48.1% | 42.9% | 43.8% | 43.1% | 42.7% | 46.5% |
| █▃▄▂▂▁▁▁ | Cost of Funds (%) | 2.85% | 2.42% | 2.55% | 2.38% | 2.37% | 2.28% | 2.28% | 2.29% |
| ▁▁▁▅▃▆██ | NPA / Assets (%) | 2.68% | 2.76% | 2.86% | 4.88% | 3.88% | 5.07% | 6.08% | 6.43% |
| ▁▂▂▅▁▇▇█ | Net Charge-Off Ratio (%) | 3.17% | 3.59% | 3.55% | 4.57% | 3.35% | 5.31% | 5.24% | 5.72% |
| ▄▅▇█▅▁▄▆ | Tang. Book Value ($M) | $90 | $90 | $92 | $94 | $90 | $85 | $89 | $92 |
| ▁▃▁▂▄▆▇█ | Gross Loans ($M) | $611 | $626 | $615 | $623 | $633 | $651 | $655 | $665 |
| ▁▇▂▁▄█▂▄ | Total Deposits ($M) | $619 | $703 | $640 | $613 | $662 | $731 | $641 | $668 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 33% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 26% |