Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.26 | 1.27% |
| Return on Equity (%) | ▲ | 13.79% | +1.98 | 11.81% |
| Net Interest Margin (%) | ▲ | 4.51% | +0.38 | 4.13% |
| Efficiency Ratio (%) | ▲ | 50.25% | -8.50 | 58.75% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.70 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.10 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $419 | +26.58 | $393 |
| Gross Loans ($M) | ▲ | $288 | +30.57 | $257 |
| Loan Growth YoY (%) | ▲ | 87.90% | +5.78 | 82.12% |
| Total Deposits ($M) | ▲ | $322 | +13.09 | $309 |
| Shareholders Equity ($M) | ▲ | $47 | +3.78 | $43 |
| Tang. Book Value ($M) | ▲ | $47 | +3.78 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +3.47 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 87.90% | +5.78 | 82.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +0.93 | 0.58% |
| Allowance / Loans (%) | — | 1.66% | 0.27% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.56% | -0.13 | 0.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 3.87% | 3.91% | 4.05% | 4.13% | 4.23% | 4.28% | 4.42% | 4.51% |
| ▁▁▁▃▃▃▅█ | Return on Assets (%) | 1.19% | 1.16% | 1.17% | 1.27% | 1.27% | 1.27% | 1.36% | 1.53% |
| ███▇▅▄▃▁ | Efficiency Ratio (%) | 61.2% | 60.5% | 61.5% | 58.7% | 57.1% | 55.3% | 53.9% | 50.2% |
| ▇█▂▄▃▄▃▁ | Cost of Funds (%) | 1.91% | 1.97% | 1.76% | 1.81% | 1.80% | 1.84% | 1.78% | 1.71% |
| ▄▄▁▁▁███ | NPA / Assets (%) | 1.08% | 1.06% | 0.61% | 0.58% | 0.59% | 1.56% | 1.57% | 1.52% |
| ▆▅▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 1.56% | 1.52% | 0.74% | 0.69% | 0.71% | 2.13% | 0.58% | 0.56% |
| ▅▁▂▄▇▆▆█ | Tang. Book Value ($M) | $44 | $40 | $41 | $43 | $45 | $45 | $44 | $47 |
| ▂▁▃▄▇▇▆█ | Gross Loans ($M) | $239 | $230 | $250 | $257 | $274 | $276 | $269 | $288 |
| ▁▁▅▄▇▄▄█ | Total Deposits ($M) | $302 | $300 | $312 | $309 | $317 | $311 | $311 | $322 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 12% |
| Agricultural | 11% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 22% |