Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.08% | +0.56 | 1.52% |
| Return on Equity (%) | ▲ | 21.49% | +5.70 | 15.79% |
| Net Interest Margin (%) | ▲ | 4.08% | +0.68 | 3.40% |
| Efficiency Ratio (%) | ▲ | 46.81% | -8.71 | 55.52% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.91 | $2 |
| Cost of Funds (%) | ▲ | 2.05% | -0.44 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $424 | +29.11 | $395 |
| Gross Loans ($M) | ▲ | $393 | +33.18 | $360 |
| Loan Growth YoY (%) | ▲ | 104.37% | +2.70 | 101.67% |
| Total Deposits ($M) | ▲ | $372 | +22.59 | $349 |
| Shareholders Equity ($M) | ▲ | $41 | +1.27 | $40 |
| Tang. Book Value ($M) | ▲ | $41 | +1.47 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 104.37% | +2.70 | 101.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.18% | -0.06% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▅▇█ | Net Interest Margin (%) | 2.99% | 3.03% | 3.15% | 3.40% | 3.51% | 3.62% | 3.88% | 4.08% |
| ▁▁▄▄▅▄██ | Return on Assets (%) | 1.03% | 0.95% | 1.42% | 1.52% | 1.54% | 1.45% | 2.11% | 2.08% |
| ▇█▄▄▄▅▁▁ | Efficiency Ratio (%) | 64.4% | 67.6% | 55.0% | 55.5% | 56.1% | 59.7% | 47.0% | 46.8% |
| ██▃▇▅▂▁▁ | Cost of Funds (%) | 2.59% | 2.58% | 2.20% | 2.49% | 2.32% | 2.16% | 2.02% | 2.05% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.26% | 0.00% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.30% | 0.00% |
| ▁▁▃▆▅▄▇█ | Tang. Book Value ($M) | $37 | $37 | $38 | $39 | $39 | $39 | $40 | $41 |
| ▂▁▁▃▅▅▃█ | Gross Loans ($M) | $350 | $347 | $343 | $360 | $372 | $368 | $360 | $393 |
| ▁▂█▄▃▆▇▇ | Total Deposits ($M) | $324 | $331 | $381 | $349 | $340 | $366 | $368 | $372 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 16% |
| Agricultural | 15% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 9% |