Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.55 | 0.99% |
| Return on Equity (%) | ▲ | 16.39% | +4.85 | 11.54% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.27 | 3.28% |
| Efficiency Ratio (%) | ▲ | 48.71% | -1.12 | 49.83% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.11 | $2 |
| Cost of Funds (%) | ▲ | 1.57% | -0.18 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $379 | +20.74 | $358 |
| Gross Loans ($M) | ▼ | $194 | -14.44 | $209 |
| Loan Growth YoY (%) | ▼ | 56.76% | -7.90 | 64.66% |
| Total Deposits ($M) | ▲ | $338 | +18.78 | $319 |
| Shareholders Equity ($M) | ▲ | $35 | +3.20 | $32 |
| Tang. Book Value ($M) | ▲ | $35 | +3.20 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.61 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 56.76% | -7.90 | 64.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.16 | 0.08% |
| Allowance / Loans (%) | — | 1.17% | 0.14% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.33 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 2.86% | 2.91% | 3.23% | 3.28% | 3.37% | 3.36% | 3.52% | 3.55% |
| ▁▁▄▁▂▃██ | Return on Assets (%) | 1.00% | 1.02% | 1.21% | 0.99% | 1.12% | 1.15% | 1.51% | 1.53% |
| ██▅▂▂▃▁▁ | Efficiency Ratio (%) | 57.6% | 57.2% | 54.2% | 49.8% | 49.8% | 51.1% | 49.4% | 48.7% |
| █▆▄▅▅▃▁▁ | Cost of Funds (%) | 1.89% | 1.78% | 1.72% | 1.75% | 1.74% | 1.69% | 1.58% | 1.57% |
| ▃▄▃▁▁▁█▃ | NPA / Assets (%) | 0.31% | 0.38% | 0.30% | 0.08% | 0.08% | 0.11% | 0.72% | 0.24% |
| ▃▄▃▁▁▁█▃ | Net Charge-Off Ratio (%) | 0.54% | 0.64% | 0.53% | 0.14% | 0.16% | 0.21% | 1.33% | 0.47% |
| ▁▁▁▃▆█▅█ | Tang. Book Value ($M) | $31 | $30 | $30 | $32 | $34 | $36 | $34 | $35 |
| ▅█▆█▁▆▄▂ | Gross Loans ($M) | $201 | $211 | $204 | $209 | $189 | $204 | $199 | $194 |
| ▁▃▆▅▅▅▇█ | Total Deposits ($M) | $294 | $306 | $325 | $319 | $320 | $318 | $329 | $338 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 12% |
| Agricultural | 18% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 18% |