Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.03 | 0.56% |
| Return on Equity (%) | ▼ | 7.16% | -0.53 | 7.69% |
| Net Interest Margin (%) | ▲ | 3.41% | +0.17 | 3.24% |
| Efficiency Ratio (%) | ▲ | 76.53% | -0.62 | 77.15% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.69% | -0.13 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $221 | +8.56 | $212 |
| Gross Loans ($M) | ▲ | $135 | +1.91 | $133 |
| Loan Growth YoY (%) | ▼ | 67.50% | -1.31 | 68.81% |
| Total Deposits ($M) | ▲ | $198 | +6.38 | $192 |
| Shareholders Equity ($M) | ▲ | $18 | +2.03 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +2.03 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.23 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 67.50% | -1.31 | 68.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.36 | 0.36% |
| Allowance / Loans (%) | — | 1.00% | 0.07% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.58 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆█▇█ | Net Interest Margin (%) | 2.94% | 2.96% | 3.13% | 3.24% | 3.29% | 3.38% | 3.35% | 3.41% |
| ▁▂▄▆▆█▆▆ | Return on Assets (%) | 0.32% | 0.38% | 0.49% | 0.56% | 0.60% | 0.70% | 0.56% | 0.59% |
| █▇▄▁▁▂▁▁ | Efficiency Ratio (%) | 86.7% | 84.6% | 80.1% | 77.2% | 76.0% | 77.4% | 77.0% | 76.5% |
| ▆█▃▃▃▂▁▁ | Cost of Funds (%) | 2.02% | 2.15% | 1.83% | 1.82% | 1.82% | 1.77% | 1.69% | 1.69% |
| ▁▁███▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.36% | 0.36% | 0.36% | 0.00% | 0.00% | 0.00% |
| ▁▁███▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.60% | 0.58% | 0.56% | 0.00% | 0.00% | 0.00% |
| ▂▁▃▃▆███ | Tang. Book Value ($M) | $15 | $14 | $16 | $16 | $17 | $18 | $18 | $18 |
| ▁▆▄▅███▇ | Gross Loans ($M) | $127 | $134 | $131 | $133 | $137 | $137 | $137 | $135 |
| ▁▃▄▃▄▄█▆ | Total Deposits ($M) | $187 | $192 | $195 | $192 | $195 | $195 | $204 | $198 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |