Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.40% | -0.04 | 1.44% |
| Return on Equity (%) | ▼ | 11.02% | -1.07 | 12.09% |
| Net Interest Margin (%) | ▲ | 4.84% | +0.01 | 4.83% |
| Efficiency Ratio (%) | ▼ | 61.02% | +0.39 | 60.62% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.14 | $2 |
| Cost of Funds (%) | ▼ | 1.52% | +0.02 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $420 | +25.17 | $395 |
| Gross Loans ($M) | ▲ | $281 | +23.01 | $258 |
| Loan Growth YoY (%) | ▲ | 77.25% | +2.03 | 75.22% |
| Total Deposits ($M) | ▲ | $357 | +19.92 | $337 |
| Shareholders Equity ($M) | ▲ | $54 | +6.33 | $48 |
| Tang. Book Value ($M) | ▲ | $54 | +6.33 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +6.22 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 77.25% | +2.03 | 75.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.05 | 0.31% |
| Allowance / Loans (%) | — | 1.92% | 0.13% | 1.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.38% | -0.09 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅██▄▆ | Net Interest Margin (%) | 4.71% | 4.75% | 4.77% | 4.83% | 4.92% | 4.90% | 4.79% | 4.84% |
| ▃▃▁████▆ | Return on Assets (%) | 1.34% | 1.34% | 1.28% | 1.44% | 1.44% | 1.45% | 1.43% | 1.40% |
| ▆█▇▅▄▁▄▅ | Efficiency Ratio (%) | 61.7% | 63.7% | 62.6% | 60.6% | 59.9% | 57.2% | 59.9% | 61.0% |
| █▅▃▂▁▁▁▃ | Cost of Funds (%) | 1.65% | 1.56% | 1.52% | 1.50% | 1.46% | 1.47% | 1.48% | 1.52% |
| ████▄▁▁▇ | NPA / Assets (%) | 0.30% | 0.32% | 0.30% | 0.31% | 0.17% | 0.06% | 0.05% | 0.26% |
| ▁▂▄█▂▁▁▇ | Net Charge-Off Ratio (%) | 0.11% | 0.16% | 0.26% | 0.48% | 0.13% | 0.09% | 0.07% | 0.38% |
| ▂▁▂▂▆█▇█ | Tang. Book Value ($M) | $48 | $46 | $47 | $48 | $52 | $53 | $53 | $54 |
| ▁▁▂▄▆▇▇█ | Gross Loans ($M) | $242 | $244 | $248 | $258 | $266 | $276 | $276 | $281 |
| ▁▅▄▄▄▇██ | Total Deposits ($M) | $315 | $341 | $337 | $337 | $335 | $356 | $362 | $357 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |