Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.25% | +0.38 | 1.87% |
| Return on Equity (%) | ▲ | 25.22% | +1.19 | 24.03% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.41 | 2.96% |
| Efficiency Ratio (%) | ▲ | 33.99% | -3.99 | 37.98% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.60 | $2 |
| Cost of Funds (%) | ▲ | 1.66% | -0.25 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $524 | +24.09 | $500 |
| Gross Loans ($M) | ▲ | $286 | +9.80 | $277 |
| Loan Growth YoY (%) | ▼ | 65.47% | -0.51 | 65.97% |
| Total Deposits ($M) | ▲ | $433 | +17.99 | $415 |
| Shareholders Equity ($M) | ▲ | $45 | +6.13 | $39 |
| Tang. Book Value ($M) | ▲ | $45 | +6.13 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $55 | +6.41 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 65.47% | -0.51 | 65.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.07 | 0.00% |
| Allowance / Loans (%) | — | 0.98% | 0.01% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.13 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.55% | 2.60% | 2.88% | 2.96% | 3.01% | 3.06% | 3.32% | 3.37% |
| ▁▁▃▄▅▄██ | Return on Assets (%) | 1.52% | 1.54% | 1.78% | 1.87% | 1.93% | 1.84% | 2.19% | 2.25% |
| ██▅▄▃▄▁▁ | Efficiency Ratio (%) | 42.1% | 42.4% | 39.2% | 38.0% | 37.1% | 37.2% | 34.5% | 34.0% |
| ▆█▆▆▆▃▂▁ | Cost of Funds (%) | 1.90% | 2.00% | 1.89% | 1.92% | 1.88% | 1.79% | 1.72% | 1.66% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.07% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.13% |
| ▃▁▃▂▆██▇ | Tang. Book Value ($M) | $40 | $36 | $40 | $39 | $43 | $47 | $47 | $45 |
| ▂▄▇▃▁▆██ | Gross Loans ($M) | $276 | $278 | $283 | $277 | $273 | $282 | $286 | $286 |
| ▁▁▄▅▅▆▇█ | Total Deposits ($M) | $389 | $392 | $410 | $415 | $413 | $418 | $427 | $433 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |