Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.30 | 1.39% |
| Return on Equity (%) | ▲ | 13.80% | +1.31 | 12.49% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.29 | 4.01% |
| Efficiency Ratio (%) | ▲ | 49.29% | -4.99 | 54.28% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.67 | $3 |
| Cost of Funds (%) | ▲ | 1.11% | -0.09 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $641 | +30.19 | $611 |
| Gross Loans ($M) | ▲ | $455 | +20.32 | $434 |
| Loan Growth YoY (%) | ▼ | 82.84% | -0.12 | 82.96% |
| Total Deposits ($M) | ▲ | $541 | +24.44 | $517 |
| Shareholders Equity ($M) | ▲ | $80 | +8.86 | $71 |
| Tang. Book Value ($M) | ▲ | $79 | +8.99 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +8.04 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 82.84% | -0.12 | 82.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.01 | 0.11% |
| Allowance / Loans (%) | — | 1.36% | 0.10% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.10 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▅▇▆█ | Net Interest Margin (%) | 3.88% | 3.94% | 3.85% | 4.01% | 4.12% | 4.20% | 4.18% | 4.31% |
| ▂▃▁▃▄▆▇█ | Return on Assets (%) | 1.38% | 1.41% | 1.28% | 1.39% | 1.47% | 1.54% | 1.59% | 1.68% |
| ▆▆█▇▅▄▂▁ | Efficiency Ratio (%) | 54.2% | 54.0% | 55.9% | 54.3% | 53.0% | 51.9% | 50.4% | 49.3% |
| ▆█▇▇▂▁▁▃ | Cost of Funds (%) | 1.17% | 1.25% | 1.22% | 1.20% | 1.08% | 1.07% | 1.05% | 1.11% |
| █▁▁▄▁▁▂▅ | NPA / Assets (%) | 0.16% | 0.06% | 0.06% | 0.11% | 0.06% | 0.06% | 0.07% | 0.11% |
| █▂▂▅▂▂▃▁ | Net Charge-Off Ratio (%) | 0.24% | 0.08% | 0.09% | 0.15% | 0.09% | 0.09% | 0.11% | 0.05% |
| ▂▁▃▄▆▆▇█ | Tang. Book Value ($M) | $67 | $64 | $68 | $70 | $74 | $74 | $77 | $79 |
| ▁▃▄▅▆▆▆█ | Gross Loans ($M) | $406 | $420 | $424 | $434 | $440 | $440 | $440 | $455 |
| ▅▃▅▁▁▅██ | Total Deposits ($M) | $530 | $524 | $530 | $517 | $518 | $530 | $540 | $541 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 9% |
| Agricultural | 3% |
| Consumer | 7% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 9% |