Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.40 | 0.61% |
| Return on Equity (%) | ▲ | 13.32% | +3.51 | 9.81% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.52 | 3.73% |
| Efficiency Ratio (%) | ▲ | 69.93% | -10.59 | 80.52% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.50 | $0 |
| Cost of Funds (%) | ▲ | 1.63% | -0.26 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $299 | +76.66 | $223 |
| Gross Loans ($M) | ▲ | $178 | +33.49 | $145 |
| Loan Growth YoY (%) | ▼ | 64.59% | -9.23 | 73.82% |
| Total Deposits ($M) | ▲ | $273 | +78.79 | $194 |
| Shareholders Equity ($M) | ▲ | $24 | +9.68 | $14 |
| Tang. Book Value ($M) | ▲ | $20 | +5.49 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +6.50 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 64.59% | -9.23 | 73.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.12 | 0.12% |
| Allowance / Loans (%) | — | 1.30% | 0.04% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.18 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆▇█ | Net Interest Margin (%) | 3.19% | 3.28% | 3.69% | 3.73% | 3.80% | 3.88% | 4.04% | 4.25% |
| ▁▂▃▄▄▅▇█ | Return on Assets (%) | 0.35% | 0.46% | 0.58% | 0.61% | 0.66% | 0.75% | 0.88% | 1.01% |
| █▇▆▅▄▃▂▁ | Efficiency Ratio (%) | 86.9% | 84.1% | 81.4% | 80.5% | 78.4% | 76.1% | 72.5% | 69.9% |
| █▇▄▄▃▁▁▁ | Cost of Funds (%) | 2.26% | 2.10% | 1.88% | 1.89% | 1.72% | 1.54% | 1.56% | 1.63% |
| ▁▁█▇▇▅▁▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.14% | 0.12% | 0.12% | 0.09% | 0.01% | 0.01% |
| ▁▁██▇▆▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.22% | 0.19% | 0.18% | 0.15% | 0.02% | 0.01% |
| ▂▁▂▂▅▅▆█ | Tang. Book Value ($M) | $14 | $13 | $14 | $14 | $16 | $17 | $17 | $20 |
| ▁▂▁▁▁▃▁█ | Gross Loans ($M) | $144 | $150 | $146 | $145 | $148 | $153 | $147 | $178 |
| ▁▂▁▁▂▄▃█ | Total Deposits ($M) | $191 | $206 | $197 | $194 | $208 | $222 | $212 | $273 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 11% |
| Agricultural | 22% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 8% |