Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.48 | 1.26% |
| Return on Equity (%) | ▲ | 14.79% | +3.51 | 11.28% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.28 | 3.78% |
| Efficiency Ratio (%) | ▲ | 46.05% | -9.69 | 55.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.53 | $1 |
| Cost of Funds (%) | ▲ | 2.58% | -0.22 | 2.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $254 | +24.69 | $229 |
| Gross Loans ($M) | ▲ | $227 | +30.22 | $197 |
| Loan Growth YoY (%) | ▲ | 104.14% | +4.43 | 99.72% |
| Total Deposits ($M) | ▲ | $216 | +20.55 | $196 |
| Shareholders Equity ($M) | ▲ | $30 | +3.83 | $26 |
| Tang. Book Value ($M) | ▲ | $30 | +3.83 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 104.14% | +4.43 | 99.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.06% | -0.01 | 1.07% |
| Allowance / Loans (%) | — | 0.85% | -0.05% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 1.19% | -0.05 | 1.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▁▄▇██ | Net Interest Margin (%) | 3.85% | 3.85% | 3.77% | 3.78% | 3.90% | 4.00% | 4.04% | 4.06% |
| ▁▂▃▁▂▄██ | Return on Assets (%) | 1.28% | 1.32% | 1.41% | 1.26% | 1.33% | 1.46% | 1.69% | 1.74% |
| ██▅▇▆▅▁▁ | Efficiency Ratio (%) | 57.4% | 56.3% | 52.8% | 55.7% | 54.3% | 52.2% | 47.3% | 46.0% |
| ██▄█▆▃▁▄ | Cost of Funds (%) | 2.83% | 2.79% | 2.57% | 2.79% | 2.68% | 2.53% | 2.42% | 2.58% |
| ▄▃▁█████ | NPA / Assets (%) | 0.76% | 0.68% | 0.51% | 1.07% | 1.08% | 1.12% | 1.09% | 1.06% |
| ▄▃▁█████ | Net Charge-Off Ratio (%) | 0.87% | 0.78% | 0.61% | 1.24% | 1.25% | 1.25% | 1.23% | 1.19% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $24 | $24 | $25 | $26 | $27 | $27 | $28 | $30 |
| ▁▁▃▃▄▅▆█ | Gross Loans ($M) | $180 | $186 | $192 | $197 | $200 | $207 | $213 | $227 |
| ▁▂▅▅▅▅▆█ | Total Deposits ($M) | $173 | $182 | $196 | $196 | $196 | $196 | $205 | $216 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 29% |