Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.11% | -0.25 | 2.35% |
| Return on Equity (%) | ▼ | 26.83% | -5.09 | 31.92% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.11 | 3.70% |
| Efficiency Ratio (%) | ▼ | 37.70% | +0.58 | 37.12% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.42 | $2 |
| Cost of Funds (%) | ▲ | 1.86% | -0.28 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $442 | +25.20 | $417 |
| Gross Loans ($M) | ▲ | $345 | +21.49 | $324 |
| Loan Growth YoY (%) | ▼ | 89.40% | -2.44 | 91.84% |
| Total Deposits ($M) | ▲ | $381 | +33.24 | $348 |
| Shareholders Equity ($M) | ▲ | $35 | +3.38 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +3.38 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +3.66 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 89.40% | -2.44 | 91.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.00% | +0.98 | 0.03% |
| Allowance / Loans (%) | — | 1.27% | 0.00% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +1.25 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▂▂▅█ | Net Interest Margin (%) | 3.63% | 3.61% | 3.68% | 3.70% | 3.66% | 3.64% | 3.73% | 3.81% |
| ▂▁█▅▃▁▃▂ | Return on Assets (%) | 2.08% | 1.99% | 2.61% | 2.35% | 2.19% | 2.07% | 2.16% | 2.11% |
| ██▁▄▇▇█▅ | Efficiency Ratio (%) | 39.7% | 40.2% | 34.4% | 37.1% | 38.9% | 39.3% | 39.5% | 37.7% |
| ██▇▅▇▅▁▁ | Cost of Funds (%) | 2.35% | 2.35% | 2.23% | 2.14% | 2.28% | 2.15% | 1.90% | 1.86% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.04% | 0.02% | 0.08% | 0.03% | 1.04% | 1.07% | 1.08% | 1.00% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.05% | 0.02% | 0.11% | 0.03% | 1.34% | 1.39% | 1.42% | 1.28% |
| ▅▁▄▃▇███ | Tang. Book Value ($M) | $30 | $27 | $29 | $29 | $32 | $32 | $32 | $33 |
| ▁▃▂▄▄▆▆█ | Gross Loans ($M) | $308 | $321 | $314 | $324 | $324 | $332 | $331 | $345 |
| ▁▂▄▃▂▆██ | Total Deposits ($M) | $334 | $346 | $353 | $348 | $341 | $365 | $383 | $381 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 11% |
| Agricultural | 27% |
| Consumer | 1% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 20% |