Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.35 | 0.48% |
| Return on Equity (%) | ▲ | 9.42% | +3.59 | 5.83% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.53 | 3.35% |
| Efficiency Ratio (%) | ▲ | 71.42% | -10.27 | 81.69% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.28 | $1 |
| Cost of Funds (%) | ▼ | 1.42% | +0.04 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $558 | +35.12 | $523 |
| Gross Loans ($M) | ▲ | $396 | +57.97 | $338 |
| Loan Growth YoY (%) | ▲ | 87.10% | +10.80 | 76.30% |
| Total Deposits ($M) | ▲ | $450 | +11.93 | $438 |
| Shareholders Equity ($M) | ▲ | $50 | +5.55 | $44 |
| Tang. Book Value ($M) | ▲ | $48 | +6.12 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +5.34 | $49 |
| Loan / Deposit Ratio (%) | ▲ | 87.10% | +10.80 | 76.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.04 | 0.05% |
| Allowance / Loans (%) | — | 1.01% | -0.09% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.05 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 2.98% | 3.08% | 3.17% | 3.35% | 3.46% | 3.58% | 3.71% | 3.88% |
| ▇▆▁▅▆▇▇█ | Return on Assets (%) | 0.63% | 0.62% | 0.02% | 0.48% | 0.57% | 0.65% | 0.68% | 0.83% |
| ▃▃█▄▂▂▁▁ | Efficiency Ratio (%) | 78.1% | 77.9% | 97.0% | 81.7% | 77.4% | 75.6% | 74.6% | 71.4% |
| █▄▃▂▁▁▄▃ | Cost of Funds (%) | 1.55% | 1.42% | 1.42% | 1.38% | 1.37% | 1.34% | 1.44% | 1.42% |
| ▂▁▁▁▂▂█▇ | NPA / Assets (%) | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.09% | 0.08% |
| ▂▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.08% | 0.08% | 0.08% | 0.07% | 0.08% | 0.08% | 0.13% | 0.12% |
| ▂▁▁▂▅▇▇█ | Tang. Book Value ($M) | $42 | $40 | $41 | $42 | $45 | $47 | $47 | $48 |
| ▁▁▁▁▃▇▇█ | Gross Loans ($M) | $335 | $338 | $332 | $338 | $353 | $383 | $386 | $396 |
| ▆▆▅▁▁██▆ | Total Deposits ($M) | $450 | $450 | $448 | $438 | $436 | $457 | $456 | $450 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 7% |