Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.72% | +0.36 | 1.37% |
| Return on Equity (%) | ▲ | 10.68% | +1.86 | 8.82% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.40 | 3.51% |
| Efficiency Ratio (%) | ▲ | 46.07% | -4.29 | 50.36% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.45 | $2 |
| Cost of Funds (%) | ▲ | 1.35% | -0.19 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $417 | +13.45 | $404 |
| Gross Loans ($M) | ▲ | $276 | +5.16 | $270 |
| Loan Growth YoY (%) | ▼ | 78.34% | -0.52 | 78.86% |
| Total Deposits ($M) | ▲ | $348 | +8.56 | $339 |
| Shareholders Equity ($M) | ▲ | $68 | +4.71 | $63 |
| Tang. Book Value ($M) | ▲ | $68 | +4.71 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +5.51 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 78.34% | -0.52 | 78.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.06% | +0.54 | 0.53% |
| Allowance / Loans (%) | — | 1.14% | 0.06% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.61% | +0.82 | 0.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 3.09% | 3.16% | 3.37% | 3.51% | 3.60% | 3.66% | 3.81% | 3.91% |
| ▁▁▄▄▅▄▇█ | Return on Assets (%) | 1.09% | 1.12% | 1.39% | 1.37% | 1.42% | 1.35% | 1.64% | 1.72% |
| ██▄▃▃▄▁▁ | Efficiency Ratio (%) | 58.3% | 58.0% | 51.1% | 50.4% | 50.6% | 52.0% | 46.9% | 46.1% |
| ▇█▇▇██▄▁ | Cost of Funds (%) | 1.53% | 1.57% | 1.53% | 1.54% | 1.55% | 1.55% | 1.43% | 1.35% |
| ▁▁▂▁▂▅█▇ | NPA / Assets (%) | 0.51% | 0.48% | 0.60% | 0.53% | 0.57% | 0.86% | 1.16% | 1.06% |
| ▁▁▂▁▂▅█▇ | Net Charge-Off Ratio (%) | 0.78% | 0.73% | 0.91% | 0.79% | 0.87% | 1.31% | 1.77% | 1.61% |
| ▂▁▃▄▇▇██ | Tang. Book Value ($M) | $62 | $60 | $63 | $63 | $67 | $66 | $68 | $68 |
| ▁▂▂▅█▇▇█ | Gross Loans ($M) | $263 | $266 | $265 | $270 | $275 | $273 | $273 | $276 |
| ▂▂▁▂███▇ | Total Deposits ($M) | $339 | $338 | $336 | $339 | $348 | $349 | $349 | $348 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |