Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.17% | +0.78 | 1.38% |
| Return on Equity (%) | ▲ | 19.55% | +5.95 | 13.60% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.61 | 3.05% |
| Efficiency Ratio (%) | ▲ | 46.37% | -13.20 | 59.57% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.73 | $1 |
| Cost of Funds (%) | ▲ | 1.77% | -0.07 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $296 | +2.55 | $293 |
| Gross Loans ($M) | ▲ | $195 | +39.51 | $156 |
| Loan Growth YoY (%) | ▲ | 76.92% | +14.94 | 61.99% |
| Total Deposits ($M) | ▲ | $251 | +3.21 | $247 |
| Shareholders Equity ($M) | ▲ | $34 | +4.32 | $29 |
| Tang. Book Value ($M) | ▲ | $34 | +4.32 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +3.07 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 76.92% | +14.94 | 61.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.11 | 0.16% |
| Allowance / Loans (%) | — | 1.18% | -0.24% | 1.42% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.22 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▂▄▆█ | Net Interest Margin (%) | 2.92% | 2.95% | 3.03% | 3.05% | 3.11% | 3.25% | 3.46% | 3.66% |
| ▁▁▁▁▁▄▆█ | Return on Assets (%) | 1.42% | 1.37% | 1.34% | 1.38% | 1.44% | 1.66% | 1.91% | 2.17% |
| ▇███▇▅▂▁ | Efficiency Ratio (%) | 58.0% | 59.6% | 61.3% | 59.6% | 59.1% | 54.3% | 48.8% | 46.4% |
| ▄▅▄▂█▆▇▁ | Cost of Funds (%) | 1.92% | 1.97% | 1.93% | 1.84% | 2.10% | 1.98% | 2.03% | 1.77% |
| ▃▁▆█▂▁▃▂ | NPA / Assets (%) | 0.07% | 0.03% | 0.13% | 0.16% | 0.04% | 0.02% | 0.06% | 0.05% |
| ▃▁▆█▂▁▂▂ | Net Charge-Off Ratio (%) | 0.13% | 0.06% | 0.23% | 0.30% | 0.08% | 0.04% | 0.09% | 0.08% |
| ▁▁▂▄▄▇██ | Tang. Book Value ($M) | $26 | $27 | $28 | $29 | $30 | $32 | $33 | $34 |
| ▁▂▃▄▄▆▇█ | Gross Loans ($M) | $131 | $140 | $148 | $156 | $158 | $173 | $185 | $195 |
| ▁▂▃▆▆██▇ | Total Deposits ($M) | $213 | $223 | $226 | $247 | $247 | $257 | $260 | $251 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 13% |
| Agricultural | 12% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 14% |