Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.09 | 1.43% |
| Return on Equity (%) | ▲ | 17.36% | +1.04 | 16.32% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.20 | 3.82% |
| Efficiency Ratio (%) | ▼ | 59.13% | +1.61 | 57.52% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.36% | -0.09 | 1.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $383 | +22.01 | $361 |
| Gross Loans ($M) | ▲ | $278 | +8.94 | $270 |
| Loan Growth YoY (%) | ▼ | 79.35% | -7.89 | 87.23% |
| Total Deposits ($M) | ▲ | $347 | +41.34 | $306 |
| Shareholders Equity ($M) | ▲ | $34 | +2.05 | $32 |
| Tang. Book Value ($M) | ▲ | $27 | +2.14 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.46 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 79.35% | -7.89 | 87.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.12% | 0.00 | 0.12% |
| Allowance / Loans (%) | — | 1.09% | 0.06% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 0.16% | +0.01 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.78% | +0.05 | 10.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▆▆▇█ | Net Interest Margin (%) | 3.39% | 3.52% | 3.79% | 3.82% | 3.79% | 3.82% | 3.94% | 4.02% |
| ▁▂▆▆▆▅██ | Return on Assets (%) | 1.09% | 1.19% | 1.40% | 1.43% | 1.41% | 1.37% | 1.56% | 1.52% |
| █▆▂▁▂▂▁▃ | Efficiency Ratio (%) | 63.5% | 61.8% | 58.7% | 57.5% | 58.6% | 58.9% | 57.9% | 59.1% |
| █▅▂▂▄▂▁▁ | Cost of Funds (%) | 1.93% | 1.67% | 1.43% | 1.45% | 1.57% | 1.45% | 1.34% | 1.36% |
| ▁▁▁█▆▃▄█ | NPA / Assets (%) | 0.08% | 0.08% | 0.07% | 0.12% | 0.10% | 0.09% | 0.09% | 0.12% |
| ▁▁▁█▇▄▄█ | Net Charge-Off Ratio (%) | 0.10% | 0.10% | 0.10% | 0.16% | 0.15% | 0.13% | 0.13% | 0.16% |
| ▃▁▃▄▇█▇█ | Tang. Book Value ($M) | $24 | $23 | $24 | $24 | $26 | $26 | $26 | $27 |
| ▃▄▁▅▁▅▁█ | Gross Loans ($M) | $266 | $269 | $261 | $270 | $260 | $270 | $262 | $278 |
| ▃▂▂▁▅█▆▇ | Total Deposits ($M) | $322 | $317 | $312 | $306 | $336 | $357 | $340 | $347 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 18% |
| Agricultural | 35% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 6% |