Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.03% | +0.10 | 1.93% |
| Return on Equity (%) | ▲ | 16.59% | +0.50 | 16.09% |
| Net Interest Margin (%) | ▲ | 4.87% | +0.20 | 4.66% |
| Efficiency Ratio (%) | ▲ | 51.56% | -2.46 | 54.02% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 2.06% | -0.15 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $262 | +9.57 | $252 |
| Gross Loans ($M) | ▲ | $200 | +1.40 | $199 |
| Loan Growth YoY (%) | ▼ | 86.21% | -2.44 | 88.65% |
| Total Deposits ($M) | ▲ | $228 | +7.41 | $220 |
| Shareholders Equity ($M) | ▲ | $32 | +2.23 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +2.23 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 86.21% | -2.44 | 88.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.37% | +1.16 | 0.21% |
| Allowance / Loans (%) | — | 2.00% | 0.18% | 1.82% |
| Net Charge-Off Ratio (%) | ▼ | 1.79% | +1.53 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▄▄█ | Net Interest Margin (%) | 4.50% | 4.53% | 4.52% | 4.66% | 4.65% | 4.64% | 4.68% | 4.87% |
| ▂▁▄▄▄▄█▇ | Return on Assets (%) | 1.82% | 1.78% | 1.93% | 1.93% | 1.91% | 1.90% | 2.09% | 2.03% |
| ▇█▅▄▃▅▁▂ | Efficiency Ratio (%) | 57.2% | 58.6% | 54.4% | 54.0% | 53.1% | 54.4% | 50.0% | 51.6% |
| █▂▁▁▁▁▁▁ | Cost of Funds (%) | 3.89% | 2.41% | 2.24% | 2.21% | 2.17% | 2.17% | 2.05% | 2.06% |
| ▁▁▁▁██▇▇ | NPA / Assets (%) | 0.16% | 0.08% | 0.15% | 0.21% | 1.51% | 1.61% | 1.42% | 1.37% |
| ▁▁▁▁███▇ | Net Charge-Off Ratio (%) | 0.20% | 0.10% | 0.18% | 0.27% | 1.91% | 2.09% | 1.90% | 1.79% |
| ▁▃▄▄▅███ | Tang. Book Value ($M) | $29 | $30 | $30 | $30 | $31 | $32 | $32 | $32 |
| ▁▂▄▄▇█▅▆ | Gross Loans ($M) | $195 | $197 | $199 | $199 | $202 | $203 | $200 | $200 |
| ▁▁▂▂▄▇█▆ | Total Deposits ($M) | $218 | $216 | $219 | $220 | $224 | $230 | $234 | $228 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 9% |
| Agricultural | 8% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |