Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.18 | 1.70% |
| Return on Equity (%) | ▲ | 19.42% | +2.44 | 16.98% |
| Net Interest Margin (%) | ▼ | 4.87% | -0.25 | 5.12% |
| Efficiency Ratio (%) | ▲ | 42.20% | -6.70 | 48.90% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.35 | $1 |
| Cost of Funds (%) | ▼ | 2.54% | +0.16 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +51.95 | $124 |
| Gross Loans ($M) | ▲ | $148 | +46.42 | $101 |
| Loan Growth YoY (%) | ▲ | 91.84% | +1.53 | 90.32% |
| Total Deposits ($M) | ▲ | $158 | +48.00 | $110 |
| Shareholders Equity ($M) | ▲ | $17 | +3.76 | $13 |
| Tang. Book Value ($M) | ▲ | $17 | +3.76 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 91.84% | +1.53 | 90.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.29 | 0.00% |
| Allowance / Loans (%) | — | 1.43% | -0.02% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.30 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▁▄█▇▂▁ | Net Interest Margin (%) | 5.27% | 5.40% | 4.93% | 5.12% | 5.37% | 5.28% | 4.95% | 4.87% |
| ▅▆▁▂█▆▃▅ | Return on Assets (%) | 1.85% | 1.90% | 1.64% | 1.70% | 2.04% | 1.94% | 1.79% | 1.88% |
| █████▇▁▃ | Efficiency Ratio (%) | 49.2% | 48.7% | 49.0% | 48.9% | 48.4% | 47.6% | 39.8% | 42.2% |
| ██▂▃▇▁▁▆ | Cost of Funds (%) | 2.62% | 2.65% | 2.32% | 2.38% | 2.56% | 2.28% | 2.26% | 2.54% |
| ▁▃▁▁▃▂██ | NPA / Assets (%) | 0.01% | 0.08% | 0.01% | 0.00% | 0.08% | 0.05% | 0.29% | 0.29% |
| ▁▃▁▁▃▂██ | Net Charge-Off Ratio (%) | 0.01% | 0.10% | 0.01% | 0.00% | 0.09% | 0.06% | 0.31% | 0.30% |
| ▁▁▁▃▄▆█▇ | Tang. Book Value ($M) | $11 | $11 | $11 | $13 | $14 | $16 | $18 | $17 |
| ▁▁▃▃▄▆██ | Gross Loans ($M) | $77 | $83 | $98 | $101 | $112 | $130 | $144 | $148 |
| ▁▁▃▃▄▇██ | Total Deposits ($M) | $85 | $93 | $106 | $110 | $121 | $145 | $151 | $158 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 26% |
| Agricultural | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 11% |