Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.23 | 0.74% |
| Return on Equity (%) | ▲ | 11.70% | +2.02 | 9.68% |
| Net Interest Margin (%) | ▲ | 2.28% | +0.25 | 2.02% |
| Efficiency Ratio (%) | ▲ | 51.03% | -7.64 | 58.68% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.39 | $1 |
| Cost of Funds (%) | ▲ | 1.99% | -0.22 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $396 | +25.23 | $370 |
| Gross Loans ($M) | ▲ | $163 | +15.85 | $147 |
| Loan Growth YoY (%) | ▲ | 45.05% | +1.99 | 43.06% |
| Total Deposits ($M) | ▲ | $359 | +20.23 | $339 |
| Shareholders Equity ($M) | ▲ | $34 | +4.75 | $30 |
| Tang. Book Value ($M) | ▲ | $34 | +4.75 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +4.84 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 45.05% | +1.99 | 43.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.06 | 0.02% |
| Allowance / Loans (%) | — | 0.75% | -0.08% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.18% | +0.14 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 1.81% | 1.84% | 2.04% | 2.02% | 2.05% | 2.06% | 2.27% | 2.28% |
| ▁▁▄▃▃▂██ | Return on Assets (%) | 0.62% | 0.64% | 0.77% | 0.74% | 0.74% | 0.70% | 0.95% | 0.98% |
| ██▅▆▅▆▁▁ | Efficiency Ratio (%) | 62.8% | 61.9% | 57.1% | 58.7% | 58.2% | 58.6% | 52.3% | 51.0% |
| █▇█▆▄▂▁▁ | Cost of Funds (%) | 2.32% | 2.28% | 2.29% | 2.21% | 2.14% | 2.07% | 2.02% | 1.99% |
| ▁▁▁▁▁▁▇█ | NPA / Assets (%) | 0.01% | 0.01% | 0.02% | 0.02% | 0.02% | 0.01% | 0.06% | 0.07% |
| ▁▁▁▁▁▁▇█ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% | 0.16% | 0.18% |
| ▄▁▂▃▆▆▇█ | Tang. Book Value ($M) | $31 | $27 | $29 | $30 | $32 | $33 | $33 | $34 |
| ▁▂▂▃▄▄██ | Gross Loans ($M) | $141 | $145 | $146 | $147 | $150 | $151 | $161 | $163 |
| ▃▄▁▁▃▆█▅ | Total Deposits ($M) | $348 | $354 | $341 | $339 | $351 | $362 | $373 | $359 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 2% |
| Agricultural | 18% |
| Consumer | 3% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 19% |