Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.40% | +0.21 | 2.19% |
| Return on Equity (%) | ▲ | 16.61% | +0.25 | 16.36% |
| Net Interest Margin (%) | ▲ | 4.82% | +0.42 | 4.40% |
| Efficiency Ratio (%) | ▼ | 43.62% | +2.53 | 41.09% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.44% | -0.19 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $192 | +1.44 | $191 |
| Gross Loans ($M) | ▲ | $131 | +6.04 | $125 |
| Loan Growth YoY (%) | ▲ | 84.83% | +3.76 | 81.06% |
| Total Deposits ($M) | ▲ | $154 | +0.46 | $153 |
| Shareholders Equity ($M) | ▲ | $29 | +2.05 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +2.05 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +1.82 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 84.83% | +3.76 | 81.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -1.50 | 1.50% |
| Allowance / Loans (%) | — | 0.91% | -0.13% | 1.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -2.28 | 2.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.11% | +0.53 | 14.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆▅██ | Net Interest Margin (%) | 4.04% | 4.01% | 4.22% | 4.40% | 4.54% | 4.50% | 4.73% | 4.82% |
| ▁▁▃▅▅▃██ | Return on Assets (%) | 1.95% | 1.93% | 2.10% | 2.19% | 2.19% | 2.10% | 2.38% | 2.40% |
| ██▃▃▆█▁█ | Efficiency Ratio (%) | 43.5% | 43.7% | 40.8% | 41.1% | 42.8% | 44.0% | 39.6% | 43.6% |
| █▆▄▂▃▁▁▁ | Cost of Funds (%) | 2.29% | 1.99% | 1.80% | 1.63% | 1.67% | 1.53% | 1.53% | 1.44% |
| ▁▃▃█▃▃▁▁ | NPA / Assets (%) | 0.00% | 0.41% | 0.45% | 1.50% | 0.46% | 0.42% | 0.00% | 0.00% |
| ▁▃▃█▃▃▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.62% | 0.70% | 2.28% | 0.70% | 0.60% | 0.00% | 0.00% |
| ▁▁▃▄▆▄▇█ | Tang. Book Value ($M) | $25 | $25 | $26 | $27 | $27 | $27 | $28 | $29 |
| ▅▆▁▂▁█▁▄ | Gross Loans ($M) | $134 | $138 | $122 | $125 | $122 | $143 | $123 | $131 |
| ▁▂█▆▃▅█▇ | Total Deposits ($M) | $144 | $146 | $155 | $153 | $148 | $152 | $157 | $154 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 1% |
| Agricultural | 21% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 6% |