Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.33% | -0.01 | 1.34% |
| Return on Equity (%) | ▼ | 19.48% | -7.03 | 26.51% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.38 | 3.08% |
| Efficiency Ratio (%) | ▼ | 60.65% | +2.30 | 58.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.26% | -0.16 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $213 | -2.74 | $215 |
| Gross Loans ($M) | ▲ | $115 | +6.76 | $108 |
| Loan Growth YoY (%) | ▲ | 59.34% | +5.38 | 53.96% |
| Total Deposits ($M) | ▼ | $192 | -6.72 | $199 |
| Shareholders Equity ($M) | ▲ | $15 | +3.22 | $12 |
| Tang. Book Value ($M) | ▲ | $15 | +3.22 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +3.14 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 59.34% | +5.38 | 53.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.64% | 0.00% | 0.64% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.51% | +1.04 | 17.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅▇█ | Net Interest Margin (%) | 2.78% | 2.84% | 2.99% | 3.08% | 3.08% | 3.17% | 3.32% | 3.47% |
| ▁▁█▇▅▆▆▇ | Return on Assets (%) | 0.96% | 0.95% | 1.45% | 1.34% | 1.26% | 1.29% | 1.28% | 1.33% |
| ▇█▁▂▃▃▃▄ | Efficiency Ratio (%) | 64.2% | 65.5% | 56.4% | 58.3% | 59.0% | 59.2% | 59.6% | 60.6% |
| █▇▄▇▅▆▁▃ | Cost of Funds (%) | 1.48% | 1.44% | 1.32% | 1.42% | 1.34% | 1.38% | 1.18% | 1.26% |
| ▁▁▁▁▁█▂▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% |
| ▁▁▁▁▁█▃▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.01% | 0.00% |
| ▅▁▃▄▇███ | Tang. Book Value ($M) | $13 | $9 | $12 | $12 | $14 | $15 | $15 | $15 |
| ▁▅▄▃▆███ | Gross Loans ($M) | $105 | $111 | $110 | $108 | $112 | $115 | $116 | $115 |
| ▄▁█▄▇▂█▂ | Total Deposits ($M) | $197 | $187 | $212 | $199 | $209 | $193 | $212 | $192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 7% |
| Agricultural | 24% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |