Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.66% | +0.17 | 1.49% |
| Return on Equity (%) | ▼ | 16.53% | -0.02 | 16.55% |
| Net Interest Margin (%) | ▲ | 5.15% | +0.07 | 5.08% |
| Efficiency Ratio (%) | ▲ | 56.49% | -2.88 | 59.36% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.24 | $3 |
| Cost of Funds (%) | ▲ | 1.10% | -0.30 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $597 | +18.15 | $579 |
| Gross Loans ($M) | ▲ | $424 | +20.65 | $403 |
| Loan Growth YoY (%) | ▲ | 78.17% | +2.15 | 76.01% |
| Total Deposits ($M) | ▲ | $533 | +10.76 | $522 |
| Shareholders Equity ($M) | ▲ | $60 | +8.21 | $52 |
| Tang. Book Value ($M) | ▲ | $60 | +8.21 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $63 | +8.37 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 78.17% | +2.15 | 76.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.35% | -0.22 | 0.57% |
| Allowance / Loans (%) | — | 1.74% | 0.16% | 1.58% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -0.33 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▇█▇▅ | Net Interest Margin (%) | 5.23% | 5.21% | 5.06% | 5.08% | 5.19% | 5.21% | 5.20% | 5.15% |
| ▁▁▄▄▆▇██ | Return on Assets (%) | 1.32% | 1.36% | 1.49% | 1.49% | 1.56% | 1.61% | 1.67% | 1.66% |
| █▇▆▅▃▂▁▂ | Efficiency Ratio (%) | 62.1% | 60.7% | 60.1% | 59.4% | 57.7% | 56.4% | 55.6% | 56.5% |
| █▇▅▆▆▄▂▁ | Cost of Funds (%) | 1.55% | 1.45% | 1.38% | 1.39% | 1.40% | 1.31% | 1.17% | 1.10% |
| ▂▃▂▂▃█▃▁ | NPA / Assets (%) | 0.57% | 0.63% | 0.56% | 0.57% | 0.70% | 1.33% | 0.63% | 0.35% |
| ▄▄▄▄▄█▁▂ | Net Charge-Off Ratio (%) | 0.77% | 0.88% | 0.79% | 0.81% | 0.95% | 1.86% | 0.08% | 0.49% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $47 | $48 | $50 | $52 | $55 | $56 | $58 | $60 |
| ▁▃▅▆█▆██ | Gross Loans ($M) | $362 | $381 | $396 | $403 | $421 | $405 | $416 | $424 |
| ▁▄▆█▇▇▆█ | Total Deposits ($M) | $435 | $482 | $500 | $522 | $513 | $509 | $504 | $533 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 7% |