Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.06% | -1.11 | 2.18% |
| Return on Equity (%) | ▼ | 8.41% | -8.24 | 16.65% |
| Net Interest Margin (%) | ▼ | 3.12% | -0.60 | 3.72% |
| Efficiency Ratio (%) | ▼ | 64.78% | +17.56 | 47.22% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.13 | $3 |
| Cost of Funds (%) | ▲ | 2.31% | -0.13 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $601 | +49.98 | $551 |
| Gross Loans ($M) | ▲ | $305 | +26.40 | $279 |
| Loan Growth YoY (%) | ▲ | 59.45% | +0.96 | 58.49% |
| Total Deposits ($M) | ▲ | $506 | +38.25 | $468 |
| Shareholders Equity ($M) | ▲ | $79 | +1.47 | $77 |
| Tang. Book Value ($M) | ▲ | $79 | +1.68 | $77 |
| TBV excl. AOCI ($M)** | ▲ | $90 | +2.29 | $88 |
| Loan / Deposit Ratio (%) | ▲ | 59.45% | +0.96 | 58.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.24 | 0.48% |
| Allowance / Loans (%) | — | 1.56% | -0.44% | 2.00% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +0.53 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 20.69% | -3.20 | 23.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇█▇▆▅▁▁ | Net Interest Margin (%) | 3.75% | 3.64% | 3.82% | 3.72% | 3.63% | 3.52% | 3.04% | 3.12% |
| █▆██▇█▂▁ | Return on Assets (%) | 2.20% | 1.79% | 2.17% | 2.18% | 2.03% | 2.09% | 1.22% | 1.06% |
| ▁▃▁▂▃▃▆█ | Efficiency Ratio (%) | 42.9% | 49.9% | 44.8% | 47.2% | 48.8% | 49.8% | 58.7% | 64.8% |
| ▃█▂▁▁▁▁▁ | Cost of Funds (%) | 2.78% | 3.90% | 2.48% | 2.44% | 2.26% | 2.28% | 2.39% | 2.31% |
| ▅▁▁▃▁▁█▄ | NPA / Assets (%) | 0.77% | 0.26% | 0.27% | 0.48% | 0.22% | 0.21% | 1.22% | 0.72% |
| ▃▁▁▂▁▁█▅ | Net Charge-Off Ratio (%) | 0.79% | 0.33% | 0.34% | 0.75% | 0.29% | 0.26% | 2.28% | 1.28% |
| ▁▂▄▅█▅▅▆ | Tang. Book Value ($M) | $68 | $70 | $74 | $77 | $83 | $76 | $76 | $79 |
| ▁▆▆▄▄█▆▆ | Gross Loans ($M) | $240 | $306 | $300 | $279 | $285 | $331 | $301 | $305 |
| ▁▅▅▄▅██▇ | Total Deposits ($M) | $412 | $483 | $473 | $468 | $482 | $529 | $517 | $506 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 6% |
| Agricultural | 33% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 19% |