Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.67% | -0.24 | 1.91% |
| Return on Equity (%) | ▼ | 13.20% | -3.08 | 16.28% |
| Net Interest Margin (%) | ▼ | 4.65% | -0.02 | 4.67% |
| Efficiency Ratio (%) | ▼ | 48.48% | +5.41 | 43.07% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.41 | $2 |
| Cost of Funds (%) | ▲ | 1.22% | -0.36 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $194 | +14.61 | $179 |
| Gross Loans ($M) | ▲ | $119 | +0.47 | $118 |
| Loan Growth YoY (%) | ▼ | 70.46% | -5.47 | 75.93% |
| Total Deposits ($M) | ▲ | $167 | +12.72 | $155 |
| Shareholders Equity ($M) | ▲ | $25 | +1.90 | $23 |
| Tang. Book Value ($M) | ▲ | $23 | +2.14 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.78 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 70.46% | -5.47 | 75.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.01 | 0.07% |
| Allowance / Loans (%) | — | 0.80% | -0.03% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.02 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.76% | +2.21 | 18.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▂▆▆█▂▅ | Net Interest Margin (%) | 4.44% | 4.35% | 4.43% | 4.67% | 4.67% | 4.86% | 4.45% | 4.65% |
| ▃▁▅██▃▃▄ | Return on Assets (%) | 1.62% | 1.49% | 1.71% | 1.91% | 1.92% | 1.64% | 1.61% | 1.67% |
| ▆█▃▁▁▆▅▅ | Efficiency Ratio (%) | 50.4% | 53.6% | 45.7% | 43.1% | 42.8% | 50.5% | 49.3% | 48.5% |
| ▄▆▆█▆▁▆▆ | Cost of Funds (%) | 0.99% | 1.23% | 1.21% | 1.58% | 1.21% | 0.57% | 1.21% | 1.22% |
| ▃█▁▅▅▁▄▆ | NPA / Assets (%) | 0.04% | 0.11% | 0.02% | 0.07% | 0.07% | 0.02% | 0.06% | 0.08% |
| ▃█▁▅▆▁▅▇ | Net Charge-Off Ratio (%) | 0.07% | 0.16% | 0.03% | 0.11% | 0.12% | 0.03% | 0.10% | 0.14% |
| ▁▁▁▇████ | Tang. Book Value ($M) | $14 | $14 | $15 | $21 | $22 | $22 | $22 | $23 |
| ▁▁▂███▇█ | Gross Loans ($M) | $91 | $91 | $95 | $118 | $117 | $117 | $115 | $119 |
| ▁▁▁▇█▇██ | Total Deposits ($M) | $115 | $114 | $118 | $155 | $162 | $161 | $166 | $167 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 6% |
| Agricultural | 13% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 6% |