Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.39 | 0.97% |
| Return on Equity (%) | ▲ | 14.72% | +3.33 | 11.39% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.34 | 3.81% |
| Efficiency Ratio (%) | ▲ | 48.87% | -3.82 | 52.69% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.38 | $2 |
| Cost of Funds (%) | ▲ | 1.09% | -0.10 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $486 | +22.16 | $464 |
| Gross Loans ($M) | ▲ | $310 | +14.84 | $295 |
| Loan Growth YoY (%) | ▲ | 70.27% | +0.83 | 69.43% |
| Total Deposits ($M) | ▲ | $437 | +15.80 | $421 |
| Shareholders Equity ($M) | ▲ | $47 | +7.37 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +7.37 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +7.52 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 70.27% | +0.83 | 69.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.01% |
| Allowance / Loans (%) | — | 0.98% | 0.03% | 0.95% |
| Net Charge-Off Ratio (%) | — | 0.01% | 0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.04% | +0.95 | 13.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 2.98% | 3.09% | 3.66% | 3.81% | 3.88% | 3.91% | 4.07% | 4.14% |
| ▁▄▄▅▅▇▇█ | Return on Assets (%) | 0.45% | 0.79% | 0.88% | 0.97% | 1.01% | 1.20% | 1.18% | 1.36% |
| ██▄▃▂▂▁▁ | Efficiency Ratio (%) | 64.0% | 62.2% | 54.2% | 52.7% | 51.9% | 51.3% | 48.3% | 48.9% |
| █▆▂▂▃▂▁▁ | Cost of Funds (%) | 1.57% | 1.41% | 1.16% | 1.19% | 1.26% | 1.18% | 1.12% | 1.09% |
| ▇▇█▆▄▁▄▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.01% | 0.00% |
| ▇█▇▄▄▄▄▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▂▂▃▄█▄█ | Tang. Book Value ($M) | $34 | $36 | $36 | $37 | $38 | $43 | $39 | $44 |
| ▂▁▂▅▅▄▅█ | Gross Loans ($M) | $284 | $279 | $284 | $295 | $297 | $294 | $297 | $310 |
| ▁▄▃▅▆█▆█ | Total Deposits ($M) | $396 | $415 | $410 | $421 | $427 | $442 | $426 | $437 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 13% |
| Agricultural | 12% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 7% |