Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.60% | +0.17 | 1.43% |
| Return on Equity (%) | ▲ | 13.83% | +1.12 | 12.71% |
| Net Interest Margin (%) | ▼ | 3.63% | -0.02 | 3.65% |
| Efficiency Ratio (%) | ▲ | 56.08% | -3.98 | 60.06% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 2.46% | -0.13 | 2.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $348 | +27.96 | $320 |
| Gross Loans ($M) | ▲ | $250 | +16.96 | $233 |
| Loan Growth YoY (%) | ▼ | 85.07% | -1.04 | 86.12% |
| Total Deposits ($M) | ▲ | $288 | +23.08 | $265 |
| Shareholders Equity ($M) | ▲ | $41 | +4.55 | $37 |
| Tang. Book Value ($M) | ▲ | $41 | +4.55 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +4.86 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 85.07% | -1.04 | 86.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.18 | 0.49% |
| Allowance / Loans (%) | — | 1.89% | -0.10% | 1.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.94% | +0.26 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆███▆█ | Net Interest Margin (%) | 3.26% | 3.30% | 3.56% | 3.65% | 3.66% | 3.63% | 3.56% | 3.63% |
| ▁▂▄▆▆▆▇█ | Return on Assets (%) | 1.09% | 1.18% | 1.31% | 1.43% | 1.45% | 1.46% | 1.48% | 1.60% |
| █▇▆▄▃▃▂▁ | Efficiency Ratio (%) | 66.1% | 63.7% | 62.5% | 60.1% | 59.1% | 58.9% | 58.2% | 56.1% |
| ██▄▄▅▂▁▁ | Cost of Funds (%) | 2.77% | 2.74% | 2.59% | 2.59% | 2.65% | 2.52% | 2.47% | 2.46% |
| ▄▆█▆▁▆▆█ | NPA / Assets (%) | 0.36% | 0.48% | 0.67% | 0.49% | 0.11% | 0.47% | 0.49% | 0.67% |
| ▄▆█▆▁▆▆█ | Net Charge-Off Ratio (%) | 0.50% | 0.67% | 0.96% | 0.68% | 0.16% | 0.67% | 0.70% | 0.94% |
| ▃▁▂▃▆▆▆█ | Tang. Book Value ($M) | $37 | $35 | $36 | $37 | $39 | $40 | $39 | $41 |
| ▁▂▁▄▅▇▆█ | Gross Loans ($M) | $222 | $226 | $223 | $233 | $237 | $244 | $239 | $250 |
| ▁▃▄▃▅███ | Total Deposits ($M) | $252 | $263 | $268 | $265 | $272 | $289 | $286 | $288 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 15% |
| Agricultural | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 44% |