Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.66% | +0.41 | 1.25% |
| Return on Equity (%) | ▲ | 16.04% | +2.54 | 13.50% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.57 | 3.43% |
| Efficiency Ratio (%) | ▲ | 55.56% | -3.37 | 58.93% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.31 | $3 |
| Cost of Funds (%) | ▲ | 1.48% | -0.33 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $811 | +98.29 | $713 |
| Gross Loans ($M) | ▲ | $583 | +67.83 | $515 |
| Loan Growth YoY (%) | ▼ | 81.91% | -1.44 | 83.35% |
| Total Deposits ($M) | ▲ | $702 | +92.86 | $609 |
| Shareholders Equity ($M) | ▲ | $85 | +15.52 | $69 |
| Tang. Book Value ($M) | ▲ | $69 | +11.49 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +12.57 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 81.91% | -1.44 | 83.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.03 | 0.06% |
| Allowance / Loans (%) | — | 1.30% | -0.07% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.07 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▆█ | Net Interest Margin (%) | 3.28% | 3.29% | 3.29% | 3.43% | 3.51% | 3.56% | 3.74% | 4.00% |
| ▁▁▁▃▄▄▄█ | Return on Assets (%) | 1.09% | 1.15% | 1.15% | 1.25% | 1.36% | 1.34% | 1.35% | 1.66% |
| █▆▇▅▄▅▇▁ | Efficiency Ratio (%) | 61.8% | 60.2% | 60.3% | 58.9% | 58.3% | 59.1% | 60.6% | 55.6% |
| █▇▅▅▅▄▂▁ | Cost of Funds (%) | 2.13% | 2.02% | 1.83% | 1.81% | 1.81% | 1.80% | 1.61% | 1.48% |
| ▁▂▁▁█▂▂▁ | NPA / Assets (%) | 0.06% | 0.10% | 0.06% | 0.06% | 0.34% | 0.11% | 0.11% | 0.09% |
| ▂▃▂▂█▁▁▁ | Net Charge-Off Ratio (%) | 0.09% | 0.13% | 0.08% | 0.08% | 0.47% | 0.03% | 0.03% | 0.01% |
| ▁▁▂▂▅▆▆█ | Tang. Book Value ($M) | $55 | $53 | $56 | $57 | $61 | $63 | $64 | $69 |
| ▂▂▁▁▂▃▂█ | Gross Loans ($M) | $517 | $524 | $507 | $515 | $520 | $532 | $522 | $583 |
| ▁▂▄▁▁▂▄█ | Total Deposits ($M) | $606 | $620 | $643 | $609 | $600 | $621 | $640 | $702 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 10% |
| Agricultural | 38% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 10% |