Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.03% | +0.61 | -0.59% |
| Return on Equity (%) | ▲ | 0.31% | +6.58 | -6.27% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.05 | 3.86% |
| Efficiency Ratio (%) | ▼ | 94.11% | +12.74 | 81.37% |
| Pre-Provision Profit ($M) | ▼ | $0 | -1.28 | $2 |
| Cost of Funds (%) | ▲ | 1.72% | -0.24 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $575 | -49.31 | $624 |
| Gross Loans ($M) | ▼ | $437 | -46.25 | $483 |
| Loan Growth YoY (%) | ▼ | 82.92% | -3.80 | 86.72% |
| Total Deposits ($M) | ▼ | $510 | -36.22 | $546 |
| Shareholders Equity ($M) | ▼ | $52 | -4.84 | $57 |
| Tang. Book Value ($M) | ▼ | $50 | -4.67 | $55 |
| TBV excl. AOCI ($M)** | ▼ | $54 | -3.74 | $58 |
| Loan / Deposit Ratio (%) | ▼ | 82.92% | -3.80 | 86.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 6.69% | +1.62 | 5.07% |
| Allowance / Loans (%) | — | 3.25% | 1.25% | 1.99% |
| Net Charge-Off Ratio (%) | ▼ | 8.39% | +1.84 | 6.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.16% | +0.37 | 11.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▁▇█▇██ | Net Interest Margin (%) | 3.85% | 3.90% | 3.67% | 3.86% | 3.90% | 3.87% | 3.92% | 3.91% |
| ██▆▂▄▁▅▅ | Return on Assets (%) | 1.00% | 0.97% | 0.42% | -0.59% | -0.25% | -1.06% | 0.04% | 0.03% |
| ▁▁▆▃▃▄██ | Efficiency Ratio (%) | 73.9% | 75.4% | 87.4% | 81.4% | 81.4% | 83.1% | 93.4% | 94.1% |
| ███▅▄▂▃▁ | Cost of Funds (%) | 2.12% | 2.12% | 2.10% | 1.96% | 1.92% | 1.82% | 1.83% | 1.72% |
| ▁▁▂▅▆▆██ | NPA / Assets (%) | 3.24% | 3.20% | 3.78% | 5.07% | 5.81% | 5.66% | 6.38% | 6.69% |
| ▁▁▂▅▇▇██ | Net Charge-Off Ratio (%) | 3.99% | 4.13% | 4.97% | 6.55% | 7.46% | 7.35% | 8.02% | 8.39% |
| ██▆▄▅▁▁▁ | Tang. Book Value ($M) | $59 | $59 | $57 | $55 | $56 | $50 | $50 | $50 |
| █▆▅▅▄▄▁▁ | Gross Loans ($M) | $513 | $493 | $484 | $483 | $472 | $471 | $445 | $437 |
| ▇▇██▄▆▂▁ | Total Deposits ($M) | $541 | $543 | $551 | $546 | $527 | $538 | $517 | $510 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 7% |
| Agricultural | 9% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 7% |