Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.89% | -0.10 | 0.99% |
| Return on Equity (%) | ▼ | 10.71% | -3.02 | 13.73% |
| Net Interest Margin (%) | ▼ | 2.27% | -0.16 | 2.43% |
| Efficiency Ratio (%) | ▼ | 53.39% | +0.03 | 53.37% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.07 | $3 |
| Cost of Funds (%) | ▲ | 2.07% | -0.20 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,055 | +82.05 | $973 |
| Gross Loans ($M) | ▼ | $233 | -3.41 | $236 |
| Loan Growth YoY (%) | ▼ | 26.18% | -2.25 | 28.43% |
| Total Deposits ($M) | ▲ | $886 | +58.19 | $827 |
| Shareholders Equity ($M) | ▲ | $88 | +19.56 | $68 |
| Tang. Book Value ($M) | ▲ | $74 | +19.56 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $109 | +23.31 | $85 |
| Loan / Deposit Ratio (%) | ▼ | 26.18% | -2.25 | 28.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.41% | 0.01% | 0.41% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.26% | -0.87 | 22.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▇▅▆▁▁ | Net Interest Margin (%) | 2.45% | 2.47% | 2.46% | 2.43% | 2.38% | 2.40% | 2.25% | 2.27% |
| ▁▂██▇▅▅▅ | Return on Assets (%) | 0.74% | 0.77% | 1.00% | 0.99% | 0.95% | 0.89% | 0.87% | 0.89% |
| ██▁▁▃▄▁▁ | Efficiency Ratio (%) | 66.2% | 64.6% | 51.6% | 53.4% | 55.8% | 58.5% | 53.1% | 53.4% |
| █▄▃▅▆▁▁▂ | Cost of Funds (%) | 2.52% | 2.22% | 2.15% | 2.27% | 2.36% | 2.03% | 1.99% | 2.07% |
| █▁▁▁▃▁▁▁ | NPA / Assets (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▄▁▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% |
| ▄▁▁▁▅▇▇█ | Tang. Book Value ($M) | $62 | $57 | $56 | $54 | $64 | $70 | $70 | $74 |
| ██▃▂▁▅▁▁ | Gross Loans ($M) | $254 | $257 | $237 | $236 | $233 | $246 | $230 | $233 |
| ▁▃▄▄▂▄██ | Total Deposits ($M) | $770 | $812 | $819 | $827 | $796 | $827 | $878 | $886 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 13% |
| Agricultural | 18% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 29% |
| Brokered / Other | 64% |