Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.41 | 1.63% |
| Return on Equity (%) | ▼ | 11.00% | -1.17 | 12.17% |
| Net Interest Margin (%) | ▲ | 5.23% | +0.09 | 5.14% |
| Efficiency Ratio (%) | ▼ | 67.69% | +4.69 | 62.99% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.16 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $330 | +70.16 | $260 |
| Gross Loans ($M) | ▲ | $268 | +86.38 | $182 |
| Loan Growth YoY (%) | ▲ | 94.84% | +10.33 | 84.51% |
| Total Deposits ($M) | ▲ | $280 | +67.53 | $213 |
| Shareholders Equity ($M) | ▲ | $37 | +2.43 | $34 |
| Tang. Book Value ($M) | ▲ | $33 | +1.55 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +1.41 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 94.84% | +10.33 | 84.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.25% | +0.12 | 0.13% |
| Allowance / Loans (%) | — | 0.94% | -0.26% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.12 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▂▂▁▃ | Net Interest Margin (%) | 5.77% | 5.66% | 5.05% | 5.14% | 5.20% | 5.19% | 5.03% | 5.23% |
| █▇▇███▁▃ | Return on Assets (%) | 1.67% | 1.56% | 1.57% | 1.63% | 1.65% | 1.60% | 1.00% | 1.23% |
| ▁▂▁▁▁▁█▆ | Efficiency Ratio (%) | 63.4% | 63.5% | 62.4% | 63.0% | 62.5% | 62.6% | 70.6% | 67.7% |
| ▃▂█▇▆▃▁▃ | Cost of Funds (%) | 1.52% | 1.50% | 1.80% | 1.72% | 1.70% | 1.54% | 1.41% | 1.56% |
| ▄▁▄▄▄▄▅█ | NPA / Assets (%) | 0.13% | 0.02% | 0.12% | 0.13% | 0.12% | 0.13% | 0.15% | 0.25% |
| ▅▁▅▅▅▅▆█ | Net Charge-Off Ratio (%) | 0.18% | 0.02% | 0.17% | 0.19% | 0.17% | 0.18% | 0.20% | 0.30% |
| ▁▁▃▅▇▅▆█ | Tang. Book Value ($M) | $29 | $30 | $30 | $31 | $32 | $31 | $32 | $33 |
| ▁▂▂▂▃▆▇█ | Gross Loans ($M) | $159 | $179 | $179 | $182 | $192 | $228 | $246 | $268 |
| ▁▂▂▃▃▇██ | Total Deposits ($M) | $182 | $198 | $207 | $213 | $218 | $268 | $284 | $280 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 9% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 7% |