Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.13 | 1.37% |
| Return on Equity (%) | ▲ | 14.48% | +1.13 | 13.35% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.11 | 4.01% |
| Efficiency Ratio (%) | ▲ | 59.93% | -3.01 | 62.94% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 1.08% | -0.13 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $279 | +23.17 | $256 |
| Gross Loans ($M) | ▲ | $173 | +12.24 | $161 |
| Loan Growth YoY (%) | ▼ | 69.97% | -0.89 | 70.86% |
| Total Deposits ($M) | ▲ | $244 | +20.31 | $224 |
| Shareholders Equity ($M) | ▲ | $30 | +2.66 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +2.67 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +2.62 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 69.97% | -0.89 | 70.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Allowance / Loans (%) | — | 1.26% | -0.09% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.09 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▆▇▇█ | Net Interest Margin (%) | 3.80% | 3.83% | 4.01% | 4.01% | 4.04% | 4.05% | 4.07% | 4.12% |
| ▁▁▅▄▄▁██ | Return on Assets (%) | 1.25% | 1.26% | 1.38% | 1.37% | 1.36% | 1.25% | 1.48% | 1.50% |
| ▇▆▃▄▅█▁▁ | Efficiency Ratio (%) | 65.5% | 65.2% | 62.5% | 62.9% | 63.6% | 66.9% | 60.1% | 59.9% |
| █▆█▅▅▂▂▁ | Cost of Funds (%) | 1.30% | 1.24% | 1.27% | 1.21% | 1.19% | 1.11% | 1.11% | 1.08% |
| █▅█▄▂▁▁▁ | NPA / Assets (%) | 0.12% | 0.06% | 0.13% | 0.06% | 0.02% | 0.00% | 0.01% | 0.00% |
| █▅█▄▂▁▁▁ | Net Charge-Off Ratio (%) | 0.20% | 0.11% | 0.20% | 0.09% | 0.03% | 0.01% | 0.01% | 0.00% |
| ▆▁▂▄█▅▅█ | Tang. Book Value ($M) | $29 | $25 | $26 | $27 | $29 | $28 | $28 | $30 |
| ▁▃▂▃▄▅▆█ | Gross Loans ($M) | $154 | $159 | $158 | $161 | $162 | $164 | $168 | $173 |
| ▁▆▁▂▄█▇█ | Total Deposits ($M) | $220 | $238 | $221 | $224 | $230 | $246 | $242 | $244 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 6% |