Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.56 | 1.09% |
| Return on Equity (%) | ▲ | 21.88% | +5.15 | 16.73% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.47 | 3.82% |
| Efficiency Ratio (%) | ▲ | 60.89% | -7.07 | 67.96% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.49 | $1 |
| Cost of Funds (%) | ▲ | 1.88% | -0.14 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $457 | +33.59 | $423 |
| Gross Loans ($M) | ▲ | $359 | +47.58 | $311 |
| Loan Growth YoY (%) | ▲ | 99.96% | +13.16 | 86.80% |
| Total Deposits ($M) | ▲ | $355 | +0.02 | $355 |
| Shareholders Equity ($M) | ▲ | $35 | +6.57 | $28 |
| Tang. Book Value ($M) | ▲ | $35 | +6.62 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +6.43 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 99.96% | +13.16 | 86.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.18 | 0.07% |
| Allowance / Loans (%) | — | 1.10% | 0.10% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.23 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆██ | Net Interest Margin (%) | 3.49% | 3.60% | 3.70% | 3.82% | 3.95% | 4.08% | 4.26% | 4.30% |
| ▁▁▃▂▃▄██ | Return on Assets (%) | 0.93% | 0.96% | 1.14% | 1.09% | 1.17% | 1.22% | 1.61% | 1.64% |
| █▇▇▆▄▃▁▁ | Efficiency Ratio (%) | 71.9% | 70.1% | 70.0% | 68.0% | 65.7% | 63.7% | 60.2% | 60.9% |
| █▇▅▄▄▁▁▁ | Cost of Funds (%) | 2.23% | 2.15% | 2.05% | 2.02% | 2.00% | 1.87% | 1.83% | 1.88% |
| ▁▁▁▁▁▂█▁ | NPA / Assets (%) | 0.06% | 0.09% | 0.25% | 0.07% | 0.14% | 0.43% | 1.82% | 0.26% |
| ▁▁▁▁▁▂█▁ | Net Charge-Off Ratio (%) | 0.08% | 0.12% | 0.34% | 0.10% | 0.19% | 0.56% | 2.33% | 0.33% |
| ▂▁▂▃▅▇▇█ | Tang. Book Value ($M) | $27 | $25 | $27 | $28 | $31 | $33 | $33 | $35 |
| ▁▁▁▂▃▆██ | Gross Loans ($M) | $301 | $306 | $306 | $311 | $321 | $339 | $357 | $359 |
| ▁▃▄▇█▇▇▇ | Total Deposits ($M) | $319 | $336 | $339 | $355 | $367 | $355 | $356 | $355 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 12% |