Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.02 | 1.43% |
| Return on Equity (%) | ▼ | 11.12% | -0.38 | 11.50% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.17 | 3.95% |
| Efficiency Ratio (%) | ▲ | 50.11% | -0.04 | 50.15% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.16 | $2 |
| Cost of Funds (%) | ▲ | 1.49% | -0.10 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $484 | +19.56 | $465 |
| Gross Loans ($M) | ▲ | $383 | +19.83 | $363 |
| Loan Growth YoY (%) | ▼ | 90.91% | -0.87 | 91.78% |
| Total Deposits ($M) | ▲ | $416 | +24.95 | $391 |
| Shareholders Equity ($M) | ▲ | $63 | +4.51 | $59 |
| Tang. Book Value ($M) | ▲ | $56 | +4.51 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +4.87 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 90.91% | -0.87 | 91.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.23% | +0.17 | 0.07% |
| Allowance / Loans (%) | — | 1.11% | 0.09% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.21 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▆▇█ | Net Interest Margin (%) | 3.84% | 3.85% | 3.84% | 3.95% | 4.02% | 4.03% | 4.07% | 4.12% |
| ▃▂▁▆█▆▄▇ | Return on Assets (%) | 1.38% | 1.36% | 1.33% | 1.43% | 1.47% | 1.42% | 1.40% | 1.45% |
| ▅█▄▁▁▅▄▁ | Efficiency Ratio (%) | 51.7% | 52.9% | 51.2% | 50.1% | 49.9% | 51.7% | 51.0% | 50.1% |
| █▇▆▅▇▃▁▂ | Cost of Funds (%) | 1.72% | 1.66% | 1.64% | 1.59% | 1.67% | 1.54% | 1.44% | 1.49% |
| ▁▁▁▃▂▂▂█ | NPA / Assets (%) | 0.00% | 0.01% | 0.00% | 0.07% | 0.05% | 0.04% | 0.04% | 0.23% |
| ▁▁▁▃▂▂▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.00% | 0.09% | 0.06% | 0.06% | 0.05% | 0.30% |
| ▁▂▁▃▅▇▇█ | Tang. Book Value ($M) | $49 | $51 | $50 | $52 | $54 | $55 | $55 | $56 |
| ▁▃▂▄▄▄▇█ | Gross Loans ($M) | $350 | $361 | $357 | $363 | $366 | $364 | $375 | $383 |
| ▁▆▇▄▂▇██ | Total Deposits ($M) | $370 | $402 | $406 | $391 | $379 | $405 | $415 | $416 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 7% |
| Agricultural | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 13% |