Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.03 | 1.66% |
| Return on Equity (%) | ▼ | 13.74% | -1.11 | 14.85% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.10 | 4.16% |
| Efficiency Ratio (%) | ▼ | 53.99% | +0.75 | 53.24% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.25 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $229 | +9.81 | $219 |
| Gross Loans ($M) | ▲ | $154 | +9.08 | $145 |
| Loan Growth YoY (%) | ▲ | 78.40% | +3.69 | 74.71% |
| Total Deposits ($M) | ▲ | $194 | +2.28 | $192 |
| Shareholders Equity ($M) | ▲ | $29 | +3.17 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +3.17 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.23 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 78.40% | +3.69 | 74.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.05% |
| Allowance / Loans (%) | — | 1.27% | 0.06% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇▇▆█ | Net Interest Margin (%) | 3.97% | 3.94% | 4.00% | 4.16% | 4.20% | 4.20% | 4.14% | 4.25% |
| ▄▁▅▆█▅▆▆ | Return on Assets (%) | 1.58% | 1.46% | 1.65% | 1.66% | 1.76% | 1.62% | 1.67% | 1.69% |
| ▄▄▆▅▁▁█▆ | Efficiency Ratio (%) | 52.6% | 52.8% | 53.9% | 53.2% | 50.7% | 50.8% | 55.3% | 54.0% |
| ██▆▃▄▃▂▁ | Cost of Funds (%) | 2.03% | 2.12% | 1.86% | 1.66% | 1.75% | 1.62% | 1.56% | 1.40% |
| ▇████▁▁▁ | NPA / Assets (%) | 0.04% | 0.05% | 0.05% | 0.05% | 0.04% | 0.00% | 0.00% | 0.00% |
| ▁███▇▆▆▄ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% |
| ▄▁▃▄▇▇██ | Tang. Book Value ($M) | $26 | $24 | $25 | $26 | $28 | $28 | $28 | $29 |
| ▃▅▁▂▃█▄▆ | Gross Loans ($M) | $148 | $153 | $143 | $145 | $147 | $160 | $149 | $154 |
| ▁▄▆▅█▄█▇ | Total Deposits ($M) | $183 | $190 | $194 | $192 | $198 | $189 | $198 | $194 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 8% |
| Agricultural | 48% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 12% |