Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.17 | 1.61% |
| Return on Equity (%) | ▼ | 13.37% | -0.58 | 13.95% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.37 | 3.31% |
| Efficiency Ratio (%) | ▼ | 38.59% | +0.76 | 37.83% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.19 | $2 |
| Cost of Funds (%) | ▲ | 1.01% | -0.09 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $359 | -12.04 | $371 |
| Gross Loans ($M) | ▲ | $183 | +2.71 | $180 |
| Loan Growth YoY (%) | ▲ | 58.44% | +3.77 | 54.67% |
| Total Deposits ($M) | ▼ | $309 | -16.95 | $326 |
| Shareholders Equity ($M) | ▲ | $48 | +5.06 | $43 |
| Tang. Book Value ($M) | ▲ | $48 | +5.06 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $55 | +5.15 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 58.44% | +3.77 | 54.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.35% | 0.15% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.91% | 2.98% | 3.25% | 3.31% | 3.39% | 3.44% | 3.60% | 3.68% |
| ▁▁▅▆▆▅▆█ | Return on Assets (%) | 1.28% | 1.26% | 1.52% | 1.61% | 1.63% | 1.57% | 1.63% | 1.77% |
| ▇█▂▁▁▂▃▁ | Efficiency Ratio (%) | 45.3% | 46.9% | 40.0% | 37.8% | 37.9% | 39.9% | 40.8% | 38.6% |
| █▇▇▄▅▄▂▁ | Cost of Funds (%) | 1.25% | 1.20% | 1.19% | 1.11% | 1.15% | 1.11% | 1.06% | 1.01% |
| ▃▁▁▁█▁▁▁ | NPA / Assets (%) | 0.08% | 0.00% | 0.00% | 0.00% | 0.22% | 0.01% | 0.00% | 0.00% |
| ▃▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.14% | 0.00% | 0.00% | 0.00% | 0.43% | 0.03% | 0.00% | 0.00% |
| ▂▁▃▄▇▇▇█ | Tang. Book Value ($M) | $41 | $39 | $41 | $43 | $46 | $46 | $47 | $48 |
| ▂▃▁▄▁▃██ | Gross Loans ($M) | $179 | $180 | $178 | $180 | $179 | $180 | $183 | $183 |
| ▁▃▄█▁▃▃▄ | Total Deposits ($M) | $299 | $308 | $310 | $326 | $300 | $308 | $309 | $309 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 13% |
| Agricultural | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 7% |