Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.44% | +0.02 | 1.41% |
| Return on Equity (%) | ▼ | 13.74% | -0.15 | 13.89% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.21 | 4.21% |
| Efficiency Ratio (%) | ▲ | 53.61% | -3.19 | 56.80% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.52 | $2 |
| Cost of Funds (%) | ▲ | 1.92% | -0.07 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $548 | +43.03 | $505 |
| Gross Loans ($M) | ▲ | $395 | +42.26 | $353 |
| Loan Growth YoY (%) | ▲ | 88.04% | +3.32 | 84.72% |
| Total Deposits ($M) | ▲ | $445 | +31.91 | $413 |
| Shareholders Equity ($M) | ▲ | $57 | +7.73 | $49 |
| Tang. Book Value ($M) | ▲ | $57 | +7.73 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +7.60 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 88.04% | +3.32 | 84.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.01% | 0.01% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇███ | Net Interest Margin (%) | 3.79% | 3.86% | 4.26% | 4.21% | 4.36% | 4.43% | 4.46% | 4.42% |
| ▁▁██▇███ | Return on Assets (%) | 0.94% | 1.00% | 1.41% | 1.41% | 1.31% | 1.43% | 1.43% | 1.44% |
| ██▃▃▄▃▁▁ | Efficiency Ratio (%) | 66.3% | 65.7% | 58.0% | 56.8% | 58.9% | 57.1% | 54.6% | 53.6% |
| █▆▃▂▄▁▁▁ | Cost of Funds (%) | 2.54% | 2.30% | 2.12% | 1.99% | 2.14% | 1.92% | 1.87% | 1.92% |
| ▁█▁▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁█▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▂▄▅▇█ | Tang. Book Value ($M) | $47 | $48 | $50 | $49 | $51 | $53 | $55 | $57 |
| ▁▁▁▂▅▄▅█ | Gross Loans ($M) | $343 | $339 | $345 | $353 | $372 | $366 | $369 | $395 |
| ▁▁▄▅▁▃▇█ | Total Deposits ($M) | $371 | $375 | $400 | $413 | $377 | $395 | $432 | $445 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 19% |
| Agricultural | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 11% |