Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.58% | -0.02 | 1.60% |
| Return on Equity (%) | ▼ | 15.42% | -0.98 | 16.40% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.09 | 3.92% |
| Efficiency Ratio (%) | ▲ | 44.32% | -2.43 | 46.75% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.81 | $3 |
| Cost of Funds (%) | ▲ | 2.59% | -0.13 | 2.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $678 | +129.73 | $549 |
| Gross Loans ($M) | ▲ | $563 | +113.58 | $449 |
| Loan Growth YoY (%) | ▲ | 109.36% | +6.33 | 103.04% |
| Total Deposits ($M) | ▲ | $511 | +78.13 | $433 |
| Shareholders Equity ($M) | ▲ | $68 | +14.78 | $53 |
| Tang. Book Value ($M) | ▲ | $66 | +15.02 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +15.52 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 109.36% | +6.33 | 103.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.20 | 0.45% |
| Allowance / Loans (%) | — | 0.75% | -0.02% | 0.76% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.28 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇████ | Net Interest Margin (%) | 3.39% | 3.43% | 3.79% | 3.92% | 3.99% | 4.02% | 3.97% | 4.01% |
| ▂▁▄▇██▆▆ | Return on Assets (%) | 1.42% | 1.35% | 1.50% | 1.60% | 1.67% | 1.64% | 1.58% | 1.58% |
| ▆█▅▃▂▂▁▁ | Efficiency Ratio (%) | 49.1% | 51.2% | 48.4% | 46.7% | 45.4% | 45.5% | 44.3% | 44.3% |
| █▅▂▂▂▂▁▁ | Cost of Funds (%) | 3.41% | 3.01% | 2.75% | 2.72% | 2.76% | 2.71% | 2.63% | 2.59% |
| ▁▁▁█▅▃▃▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.45% | 0.25% | 0.16% | 0.13% | 0.26% |
| ▁▁▁█▅▃▃▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.55% | 0.30% | 0.20% | 0.16% | 0.27% |
| ▁▃▃▄▅███ | Tang. Book Value ($M) | $37 | $45 | $46 | $51 | $54 | $63 | $64 | $66 |
| ▁▃▄▅▆▇▇█ | Gross Loans ($M) | $296 | $378 | $407 | $449 | $493 | $512 | $519 | $563 |
| ▁▄▅▆▆▇▇█ | Total Deposits ($M) | $297 | $387 | $419 | $433 | $445 | $484 | $479 | $511 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 12% |
| Agricultural | 48% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 43% |