Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.16 | 1.66% |
| Return on Equity (%) | ▼ | 15.93% | -0.34 | 16.27% |
| Net Interest Margin (%) | ▲ | 4.90% | +0.19 | 4.71% |
| Efficiency Ratio (%) | ▲ | 45.43% | -5.43 | 50.86% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.43 | $2 |
| Cost of Funds (%) | ▲ | 0.96% | -0.17 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $336 | +19.19 | $317 |
| Gross Loans ($M) | ▲ | $225 | +12.36 | $212 |
| Loan Growth YoY (%) | ▲ | 75.33% | +0.56 | 74.77% |
| Total Deposits ($M) | ▲ | $295 | +13.48 | $281 |
| Shareholders Equity ($M) | ▲ | $39 | +5.87 | $34 |
| Tang. Book Value ($M) | ▲ | $39 | +6.13 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +6.20 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 75.33% | +0.56 | 74.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.39% | -0.31 | 0.70% |
| Allowance / Loans (%) | — | 1.32% | 0.22% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.58% | -0.45 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇▇▇█ | Net Interest Margin (%) | 4.04% | 4.13% | 4.62% | 4.71% | 4.76% | 4.73% | 4.76% | 4.90% |
| ▁▁▅▄▄▄█▅ | Return on Assets (%) | 1.42% | 1.40% | 1.79% | 1.66% | 1.73% | 1.67% | 2.06% | 1.81% |
| ▇█▅▆▅▇▁▂ | Efficiency Ratio (%) | 52.8% | 54.4% | 48.9% | 50.9% | 49.3% | 52.0% | 43.2% | 45.4% |
| █▅▄▃▃▁▁▁ | Cost of Funds (%) | 1.43% | 1.24% | 1.17% | 1.14% | 1.13% | 1.02% | 1.00% | 0.96% |
| ▄▁█▇▃▁▃▄ | NPA / Assets (%) | 0.44% | 0.12% | 0.79% | 0.70% | 0.32% | 0.14% | 0.30% | 0.39% |
| ▅▁█▇▃▁▃▄ | Net Charge-Off Ratio (%) | 0.77% | 0.20% | 1.22% | 1.04% | 0.53% | 0.24% | 0.48% | 0.58% |
| ▁▁▂▄▅▆██ | Tang. Book Value ($M) | $29 | $30 | $32 | $33 | $35 | $37 | $38 | $39 |
| ▁▂▅▆▃▄▆█ | Gross Loans ($M) | $178 | $188 | $202 | $212 | $191 | $196 | $211 | $225 |
| ▁▃▁▂▃███ | Total Deposits ($M) | $278 | $283 | $276 | $281 | $283 | $296 | $296 | $295 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 14% |
| Agricultural | 36% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 5% |