Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.58% | +0.03 | 2.55% |
| Return on Equity (%) | ▼ | 11.56% | -0.81 | 12.37% |
| Net Interest Margin (%) | ▼ | 4.39% | -0.02 | 4.41% |
| Efficiency Ratio (%) | ▼ | 32.95% | +1.23 | 31.73% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.04 | $5 |
| Cost of Funds (%) | ▲ | 0.87% | -0.09 | 0.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $612 | +22.22 | $589 |
| Gross Loans ($M) | ▲ | $299 | +62.71 | $237 |
| Loan Growth YoY (%) | ▲ | 70.49% | +13.87 | 56.62% |
| Total Deposits ($M) | ▲ | $421 | +6.89 | $414 |
| Shareholders Equity ($M) | ▲ | $139 | +13.06 | $126 |
| Tang. Book Value ($M) | ▲ | $139 | +13.06 | $126 |
| TBV excl. AOCI ($M)** | ▲ | $151 | +8.74 | $142 |
| Loan / Deposit Ratio (%) | ▲ | 70.49% | +13.87 | 56.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.58 | 0.00% |
| Allowance / Loans (%) | — | 0.95% | -0.05% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 1.18% | +1.18 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅█▇█▆█ | Net Interest Margin (%) | 3.91% | 3.97% | 4.21% | 4.41% | 4.31% | 4.35% | 4.27% | 4.39% |
| ▁▄▆███▇█ | Return on Assets (%) | 2.08% | 2.31% | 2.45% | 2.55% | 2.53% | 2.57% | 2.49% | 2.58% |
| ▆█▁▁▁▁▃▄ | Efficiency Ratio (%) | 33.9% | 34.8% | 31.4% | 31.7% | 31.8% | 31.6% | 32.5% | 33.0% |
| █▇▃▃▃▁▁▁ | Cost of Funds (%) | 1.19% | 1.14% | 0.93% | 0.96% | 0.94% | 0.88% | 0.84% | 0.87% |
| ▁▁▅▁▁▁██ | NPA / Assets (%) | 0.07% | 0.04% | 0.38% | 0.00% | 0.04% | 0.07% | 0.62% | 0.58% |
| ▂▁▆▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.20% | 0.10% | 1.01% | 0.00% | 0.10% | 0.15% | 1.39% | 1.18% |
| ▁▂▃▄▅▇▇█ | Tang. Book Value ($M) | $115 | $118 | $122 | $126 | $129 | $133 | $135 | $139 |
| ▁▂▂▃▄▆▆█ | Gross Loans ($M) | $206 | $224 | $225 | $237 | $252 | $268 | $274 | $299 |
| ▂▃█▅▁▁▇▇ | Total Deposits ($M) | $404 | $408 | $426 | $414 | $399 | $399 | $422 | $421 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 12% |
| Agricultural | 23% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 4% |