Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | — | 1.47% | 0.00 | 1.47% |
| Return on Equity (%) | ▼ | 13.50% | -0.92 | 14.42% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.08 | 4.34% |
| Efficiency Ratio (%) | ▲ | 55.35% | -0.42 | 55.77% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.16 | $2 |
| Cost of Funds (%) | ▲ | 1.49% | -0.20 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $499 | +21.61 | $478 |
| Gross Loans ($M) | ▲ | $365 | +37.32 | $328 |
| Loan Growth YoY (%) | ▲ | 81.85% | +5.50 | 76.35% |
| Total Deposits ($M) | ▲ | $440 | +16.43 | $424 |
| Shareholders Equity ($M) | ▲ | $55 | +5.44 | $50 |
| Tang. Book Value ($M) | ▲ | $54 | +5.62 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +5.84 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 81.85% | +5.50 | 76.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.83% | +0.63 | 0.20% |
| Allowance / Loans (%) | — | 1.36% | 0.02% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 1.10% | +0.81 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▄▆██▇ | Net Interest Margin (%) | 4.34% | 4.35% | 4.25% | 4.34% | 4.40% | 4.46% | 4.46% | 4.42% |
| ▃▁▁▇▇▇█▇ | Return on Assets (%) | 1.41% | 1.37% | 1.38% | 1.47% | 1.47% | 1.48% | 1.50% | 1.47% |
| ▄█▂▂▁▂▂▁ | Efficiency Ratio (%) | 56.3% | 58.2% | 55.8% | 55.8% | 55.2% | 55.8% | 55.9% | 55.3% |
| ██▇▆▆▅▁▁ | Cost of Funds (%) | 1.80% | 1.78% | 1.73% | 1.69% | 1.70% | 1.65% | 1.47% | 1.49% |
| ▁▂▃▁▁▁▁█ | NPA / Assets (%) | 0.17% | 0.27% | 0.39% | 0.20% | 0.18% | 0.19% | 0.17% | 0.83% |
| ▁▂▄▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.24% | 0.38% | 0.59% | 0.29% | 0.27% | 0.26% | 0.21% | 1.10% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $45 | $45 | $47 | $49 | $51 | $51 | $53 | $54 |
| ▁▁▁▂▄▅▆█ | Gross Loans ($M) | $319 | $324 | $323 | $328 | $337 | $343 | $351 | $365 |
| ▁▃▅▅▆▅█▇ | Total Deposits ($M) | $397 | $413 | $428 | $424 | $435 | $427 | $449 | $440 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 8% |
| Agricultural | 8% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 13% |