Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.86% | -0.05 | 2.90% |
| Return on Equity (%) | ▼ | 20.93% | -1.46 | 22.39% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.13 | 4.08% |
| Efficiency Ratio (%) | ▼ | 35.12% | +2.05 | 33.07% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.04 | $2 |
| Cost of Funds (%) | ▲ | 2.19% | -0.35 | 2.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $338 | +15.70 | $322 |
| Gross Loans ($M) | ▲ | $268 | +36.68 | $232 |
| Loan Growth YoY (%) | ▲ | 92.06% | +9.54 | 82.52% |
| Total Deposits ($M) | ▲ | $288 | +10.14 | $278 |
| Shareholders Equity ($M) | ▲ | $49 | +5.42 | $43 |
| Tang. Book Value ($M) | ▲ | $49 | +5.42 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +4.92 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 92.06% | +9.54 | 82.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.18% | +1.11 | 0.07% |
| Allowance / Loans (%) | — | 1.04% | 0.18% | 0.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.07 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▄▅█▇█ | Net Interest Margin (%) | 4.05% | 4.06% | 4.00% | 4.08% | 4.12% | 4.20% | 4.16% | 4.21% |
| ▃▁█▅▄▁█▅ | Return on Assets (%) | 2.61% | 2.07% | 3.58% | 2.90% | 2.77% | 2.14% | 3.62% | 2.86% |
| ▂▆▁▂▃█▁▃ | Efficiency Ratio (%) | 31.6% | 42.0% | 28.5% | 33.1% | 33.9% | 47.0% | 30.2% | 35.1% |
| █▄▄▆▅█▁▁ | Cost of Funds (%) | 2.72% | 2.43% | 2.39% | 2.55% | 2.50% | 2.75% | 2.17% | 2.19% |
| ███▁▁▁▁▆ | NPA / Assets (%) | 1.76% | 1.62% | 1.61% | 0.07% | 0.02% | 0.02% | 0.02% | 1.18% |
| █▇▇▁▁▁▁▁ | Net Charge-Off Ratio (%) | 2.65% | 2.28% | 2.20% | 0.10% | 0.03% | 0.03% | 0.03% | 0.03% |
| ▂▁▃▄▆▅▇█ | Tang. Book Value ($M) | $40 | $39 | $41 | $43 | $45 | $44 | $47 | $49 |
| ▁▄▅▅▅███ | Gross Loans ($M) | $190 | $221 | $230 | $232 | $236 | $264 | $269 | $268 |
| ▁▄▄▅▆█▇▇ | Total Deposits ($M) | $253 | $272 | $272 | $278 | $285 | $300 | $288 | $288 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 33% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 6% |