Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.13% | -0.01 | 1.14% |
| Return on Equity (%) | ▼ | 11.57% | -0.76 | 12.33% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.09 | 3.43% |
| Efficiency Ratio (%) | ▲ | 69.61% | -1.31 | 70.93% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.24 | $2 |
| Cost of Funds (%) | ▲ | 1.46% | -0.06 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $667 | +32.78 | $634 |
| Gross Loans ($M) | ▼ | $360 | -10.52 | $371 |
| Loan Growth YoY (%) | ▼ | 60.86% | -5.08 | 65.94% |
| Total Deposits ($M) | ▲ | $586 | +29.67 | $556 |
| Shareholders Equity ($M) | ▲ | $66 | +5.96 | $60 |
| Tang. Book Value ($M) | ▲ | $64 | +5.96 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +6.28 | $69 |
| Loan / Deposit Ratio (%) | ▼ | 60.86% | -5.08 | 65.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.14% | -0.17 | 2.31% |
| Allowance / Loans (%) | — | 1.09% | -0.06% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 2.54% | +0.06 | 2.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇▇▇█ | Net Interest Margin (%) | 3.02% | 3.08% | 3.35% | 3.43% | 3.45% | 3.45% | 3.45% | 3.52% |
| ▂▂▅██▆▁█ | Return on Assets (%) | 0.92% | 0.94% | 1.03% | 1.14% | 1.12% | 1.05% | 0.89% | 1.13% |
| ██▆▄▅█▄▁ | Efficiency Ratio (%) | 72.9% | 72.8% | 71.8% | 70.9% | 71.6% | 72.6% | 71.1% | 69.6% |
| █▆▃▂▂▁▁▁ | Cost of Funds (%) | 1.77% | 1.69% | 1.54% | 1.52% | 1.50% | 1.47% | 1.48% | 1.46% |
| ▁▁██▆▄▃▆ | NPA / Assets (%) | 1.85% | 1.88% | 2.30% | 2.31% | 2.18% | 2.06% | 1.99% | 2.14% |
| ▇▁█▃▃▁▁▄ | Net Charge-Off Ratio (%) | 2.91% | 2.24% | 3.08% | 2.49% | 2.42% | 2.13% | 2.17% | 2.54% |
| ▄▁▃▃▇▇▇█ | Tang. Book Value ($M) | $60 | $56 | $58 | $58 | $62 | $63 | $63 | $64 |
| █▆▅▇▁▅▃▂ | Gross Loans ($M) | $376 | $369 | $368 | $371 | $356 | $368 | $363 | $360 |
| ▁▃▃▁▂▄█▇ | Total Deposits ($M) | $555 | $565 | $565 | $556 | $561 | $569 | $592 | $586 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |