Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.46 | 0.83% |
| Return on Equity (%) | ▲ | 13.23% | +4.31 | 8.92% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.28 | 3.93% |
| Efficiency Ratio (%) | ▲ | 59.88% | -4.13 | 64.01% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.42 | $2 |
| Cost of Funds (%) | ▲ | 2.51% | -0.37 | 2.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $595 | +51.94 | $543 |
| Gross Loans ($M) | ▲ | $525 | +50.17 | $475 |
| Loan Growth YoY (%) | ▲ | 111.00% | +2.67 | 108.34% |
| Total Deposits ($M) | ▲ | $469 | +34.19 | $435 |
| Shareholders Equity ($M) | ▲ | $61 | +9.96 | $51 |
| Tang. Book Value ($M) | ▲ | $61 | +9.96 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 111.00% | +2.67 | 108.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -1.17 | 1.45% |
| Allowance / Loans (%) | — | 0.94% | 0.03% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -1.36 | 1.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 3.62% | 3.67% | 3.83% | 3.93% | 3.99% | 4.02% | 4.16% | 4.21% |
| ▆▇▁▃▄▄▇█ | Return on Assets (%) | 1.11% | 1.16% | 0.66% | 0.83% | 0.95% | 0.97% | 1.17% | 1.30% |
| ███▆▄▄▁▁ | Efficiency Ratio (%) | 66.7% | 65.9% | 66.0% | 64.0% | 62.5% | 62.9% | 59.4% | 59.9% |
| ██▅▄▄▄▂▁ | Cost of Funds (%) | 3.27% | 3.19% | 2.92% | 2.88% | 2.83% | 2.82% | 2.69% | 2.51% |
| ▆▆▃▆█▂▁▁ | NPA / Assets (%) | 1.48% | 1.46% | 0.87% | 1.45% | 2.14% | 0.54% | 0.44% | 0.27% |
| ▆▅▃▆█▂▁▁ | Net Charge-Off Ratio (%) | 1.67% | 1.63% | 0.99% | 1.65% | 2.44% | 0.58% | 0.48% | 0.29% |
| ▁▁▁▂▂▃▇█ | Tang. Book Value ($M) | $49 | $50 | $50 | $51 | $52 | $53 | $59 | $61 |
| ▁▁▂▂▃▇▇█ | Gross Loans ($M) | $466 | $468 | $479 | $475 | $485 | $516 | $513 | $525 |
| ▁▁▂▄▄▇▇█ | Total Deposits ($M) | $412 | $412 | $425 | $435 | $437 | $458 | $456 | $469 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 4% |
| Agricultural | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |