Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.09 | 1.24% |
| Return on Equity (%) | ▲ | 12.13% | +1.43 | 10.70% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.29 | 3.81% |
| Efficiency Ratio (%) | ▲ | 57.26% | -5.35 | 62.61% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.58 | $1 |
| Cost of Funds (%) | ▼ | 1.53% | +0.00 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $330 | +75.24 | $254 |
| Gross Loans ($M) | ▲ | $235 | +49.20 | $186 |
| Loan Growth YoY (%) | ▼ | 80.14% | -3.13 | 83.27% |
| Total Deposits ($M) | ▲ | $290 | +69.59 | $220 |
| Shareholders Equity ($M) | ▲ | $37 | +7.78 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +3.27 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.45 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 80.14% | -3.13 | 83.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.15 | 0.05% |
| Allowance / Loans (%) | — | 1.16% | -0.14% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.22 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▂▄▁▄▆█ | Net Interest Margin (%) | 3.73% | 3.72% | 3.67% | 3.81% | 3.60% | 3.79% | 3.91% | 4.10% |
| ▁▂▆▇▅▅▆█ | Return on Assets (%) | 0.92% | 1.00% | 1.20% | 1.24% | 1.17% | 1.16% | 1.22% | 1.34% |
| █▇▅▃▃▃▂▁ | Efficiency Ratio (%) | 71.8% | 69.9% | 65.7% | 62.6% | 62.4% | 61.7% | 59.6% | 57.3% |
| ██▇▇▁▅▇▇ | Cost of Funds (%) | 1.62% | 1.61% | 1.54% | 1.53% | 1.19% | 1.45% | 1.55% | 1.53% |
| ▁▁▁▁█▆▆▃ | NPA / Assets (%) | 0.05% | 0.07% | 0.02% | 0.05% | 0.68% | 0.45% | 0.48% | 0.20% |
| ▁▁▁▁█▆▆▃ | Net Charge-Off Ratio (%) | 0.07% | 0.10% | 0.02% | 0.07% | 0.97% | 0.62% | 0.69% | 0.28% |
| ▁▁▃▄▁▆▇█ | Tang. Book Value ($M) | $27 | $27 | $28 | $29 | $28 | $30 | $31 | $32 |
| ▁▁▂▃████ | Gross Loans ($M) | $167 | $171 | $176 | $186 | $235 | $237 | $234 | $235 |
| ▁▁▁▂████ | Total Deposits ($M) | $204 | $210 | $213 | $220 | $286 | $288 | $291 | $290 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 5% |
| Agricultural | 7% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 15% |