Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.76% | +0.03 | 0.73% |
| Return on Equity (%) | ▼ | 7.69% | -1.51 | 9.20% |
| Net Interest Margin (%) | ▲ | 2.73% | +0.02 | 2.70% |
| Efficiency Ratio (%) | ▼ | 66.40% | +2.62 | 63.78% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.05 | $2 |
| Cost of Funds (%) | ▲ | 1.49% | -0.17 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $588 | +12.49 | $575 |
| Gross Loans ($M) | ▼ | $164 | -13.29 | $177 |
| Loan Growth YoY (%) | ▼ | 31.17% | -2.83 | 34.00% |
| Total Deposits ($M) | ▲ | $517 | +3.58 | $513 |
| Shareholders Equity ($M) | ▲ | $59 | +9.35 | $49 |
| Tang. Book Value ($M) | ▲ | $53 | +9.63 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +10.37 | $60 |
| Loan / Deposit Ratio (%) | ▼ | 31.17% | -2.83 | 34.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.92% | +0.95 | 0.97% |
| Allowance / Loans (%) | — | 1.74% | 0.19% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 6.15% | +3.49 | 2.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.68% | +1.26 | 14.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇██▇█ | Net Interest Margin (%) | 2.48% | 2.50% | 2.63% | 2.70% | 2.74% | 2.75% | 2.70% | 2.73% |
| ▃▃▁▆▇█▄▇ | Return on Assets (%) | 0.58% | 0.57% | 0.47% | 0.73% | 0.78% | 0.82% | 0.64% | 0.76% |
| █▆▅▂▂▁█▃ | Efficiency Ratio (%) | 74.2% | 70.6% | 68.1% | 63.8% | 63.5% | 61.7% | 73.8% | 66.4% |
| ▇█▅▄▃▃▁▁ | Cost of Funds (%) | 1.84% | 1.92% | 1.74% | 1.66% | 1.62% | 1.62% | 1.51% | 1.49% |
| ▅▂▂▁▃▁▆█ | NPA / Assets (%) | 1.53% | 1.17% | 1.10% | 0.97% | 1.29% | 1.08% | 1.68% | 1.92% |
| ▅▂▂▁▃▂▆█ | Net Charge-Off Ratio (%) | 4.56% | 3.33% | 3.30% | 2.67% | 3.73% | 3.14% | 5.07% | 6.15% |
| ▂▁▂▄▇███ | Tang. Book Value ($M) | $39 | $36 | $39 | $43 | $49 | $51 | $52 | $53 |
| ▅▆▄▇██▅▁ | Gross Loans ($M) | $174 | $175 | $171 | $177 | $180 | $180 | $173 | $164 |
| ▁▃█▁█▅▆▄ | Total Deposits ($M) | $513 | $516 | $522 | $513 | $522 | $518 | $520 | $517 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 9% |