Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.93% | +0.67 | 1.26% |
| Return on Equity (%) | ▲ | 20.09% | +6.24 | 13.85% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.62 | 3.71% |
| Efficiency Ratio (%) | ▲ | 58.61% | -9.68 | 68.29% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.53 | $1 |
| Cost of Funds (%) | ▲ | 1.78% | -0.32 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $344 | +14.39 | $330 |
| Gross Loans ($M) | ▲ | $255 | +12.41 | $243 |
| Loan Growth YoY (%) | ▲ | 89.10% | +0.86 | 88.24% |
| Total Deposits ($M) | ▲ | $283 | +11.19 | $272 |
| Shareholders Equity ($M) | ▲ | $33 | +2.26 | $31 |
| Tang. Book Value ($M) | ▲ | $31 | +2.26 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.42 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 89.10% | +0.86 | 88.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.32% | -0.02 | 0.34% |
| Allowance / Loans (%) | — | 1.26% | -0.03% | 1.28% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.03 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.20% | 3.30% | 3.59% | 3.71% | 3.78% | 3.86% | 4.21% | 4.32% |
| ▁▁▂▃▄▄██ | Return on Assets (%) | 0.96% | 1.06% | 1.14% | 1.26% | 1.37% | 1.34% | 1.94% | 1.93% |
| █▇█▇▅▅▁▁ | Efficiency Ratio (%) | 71.6% | 69.6% | 70.1% | 68.3% | 66.2% | 66.3% | 57.7% | 58.6% |
| ██▇▅▅▃▁▁ | Cost of Funds (%) | 2.31% | 2.33% | 2.20% | 2.11% | 2.11% | 1.94% | 1.81% | 1.78% |
| ███▃▃▄▁▂ | NPA / Assets (%) | 0.55% | 0.53% | 0.54% | 0.34% | 0.35% | 0.39% | 0.25% | 0.32% |
| ███▃▃▄▁▂ | Net Charge-Off Ratio (%) | 0.76% | 0.73% | 0.73% | 0.46% | 0.48% | 0.53% | 0.34% | 0.44% |
| ▃▁▃▄▇█▇█ | Tang. Book Value ($M) | $28 | $27 | $28 | $29 | $31 | $32 | $31 | $31 |
| ▄▂▁▄▄▆██ | Gross Loans ($M) | $244 | $238 | $234 | $243 | $243 | $249 | $254 | $255 |
| █▁▁▂▃▇▇▇ | Total Deposits ($M) | $285 | $270 | $268 | $272 | $273 | $282 | $282 | $283 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |