Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.79% | +0.21 | 0.58% |
| Return on Equity (%) | ▲ | 7.97% | +1.46 | 6.51% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.31 | 3.11% |
| Efficiency Ratio (%) | ▲ | 71.90% | -5.16 | 77.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.10% | -0.01 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $291 | +9.52 | $282 |
| Gross Loans ($M) | ▲ | $173 | +1.09 | $172 |
| Loan Growth YoY (%) | ▼ | 65.39% | -1.22 | 66.62% |
| Total Deposits ($M) | ▲ | $261 | +6.64 | $255 |
| Shareholders Equity ($M) | ▲ | $28 | +2.88 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +2.88 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +2.78 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 65.39% | -1.22 | 66.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.63 | 0.63% |
| Allowance / Loans (%) | — | 1.05% | -0.09% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.04 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▅██ | Net Interest Margin (%) | 2.81% | 2.88% | 2.94% | 3.11% | 3.10% | 3.16% | 3.45% | 3.43% |
| ▁▂▁▃▃▄██ | Return on Assets (%) | 0.46% | 0.51% | 0.46% | 0.58% | 0.57% | 0.62% | 0.80% | 0.79% |
| █▆█▅▆▄▁▁ | Efficiency Ratio (%) | 80.3% | 78.5% | 81.1% | 77.1% | 77.7% | 76.1% | 72.2% | 71.9% |
| █▃▁▃▂█▁▁ | Cost of Funds (%) | 1.15% | 1.11% | 1.09% | 1.11% | 1.11% | 1.15% | 1.10% | 1.10% |
| ███▇▇▆▁▁ | NPA / Assets (%) | 0.78% | 0.77% | 0.75% | 0.63% | 0.62% | 0.57% | 0.05% | 0.00% |
| ███▇▇▁▁▁ | Net Charge-Off Ratio (%) | 1.29% | 1.24% | 1.24% | 1.04% | 1.03% | 0.07% | 0.08% | 0.00% |
| ▄▁▃▃▇███ | Tang. Book Value ($M) | $26 | $24 | $25 | $26 | $28 | $28 | $28 | $28 |
| ▁▃▁▁▇█▄▄ | Gross Loans ($M) | $171 | $172 | $171 | $172 | $174 | $174 | $173 | $173 |
| ▅▁▆▅▇▁▅█ | Total Deposits ($M) | $255 | $248 | $257 | $255 | $260 | $249 | $255 | $261 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |