Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.31% | +0.89 | 0.42% |
| Return on Equity (%) | ▲ | 13.01% | +8.65 | 4.36% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.18 | 4.06% |
| Efficiency Ratio (%) | ▲ | 44.00% | -4.50 | 48.49% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.29 | $2 |
| Cost of Funds (%) | ▲ | 2.68% | -0.06 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $413 | +41.64 | $371 |
| Gross Loans ($M) | ▲ | $355 | +48.64 | $307 |
| Loan Growth YoY (%) | ▲ | 100.78% | +3.50 | 97.28% |
| Total Deposits ($M) | ▲ | $347 | +36.49 | $311 |
| Shareholders Equity ($M) | ▲ | $42 | +4.56 | $37 |
| Tang. Book Value ($M) | ▲ | $42 | +4.56 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 100.78% | +3.50 | 97.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.99% | +0.54 | 0.44% |
| Allowance / Loans (%) | — | 1.44% | 0.09% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 1.15% | +0.61 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.34% | -0.03 | 11.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▄▅▄▅ | Net Interest Margin (%) | 4.45% | 4.38% | 3.94% | 4.06% | 4.19% | 4.24% | 4.19% | 4.24% |
| ▆▆▁▁▁▃█▇ | Return on Assets (%) | 1.10% | 1.09% | 0.45% | 0.42% | 0.51% | 0.73% | 1.46% | 1.31% |
| █▇▆▄▃▂▁▁ | Efficiency Ratio (%) | 57.3% | 54.5% | 53.2% | 48.5% | 46.5% | 45.0% | 42.6% | 44.0% |
| █▆▃▄▆█▁▂ | Cost of Funds (%) | 2.87% | 2.80% | 2.71% | 2.74% | 2.80% | 2.86% | 2.64% | 2.68% |
| ▁▁█▂▁▃▄▄ | NPA / Assets (%) | 0.25% | 0.08% | 1.96% | 0.44% | 0.04% | 0.65% | 0.80% | 0.99% |
| ▁▁█▂▁▃▄▄ | Net Charge-Off Ratio (%) | 0.29% | 0.10% | 2.41% | 0.53% | 0.05% | 0.76% | 0.96% | 1.15% |
| ▁▁▃▆▆▇██ | Tang. Book Value ($M) | $29 | $30 | $33 | $37 | $38 | $39 | $41 | $42 |
| ▁▂▃▅▆▇▇█ | Gross Loans ($M) | $251 | $270 | $284 | $307 | $319 | $337 | $337 | $355 |
| ▁▃▅▆▆▇██ | Total Deposits ($M) | $245 | $271 | $299 | $311 | $318 | $333 | $341 | $347 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 7% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 30% |