Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.32% | -0.04 | 1.36% |
| Return on Equity (%) | ▼ | 11.15% | -0.95 | 12.10% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.44 | 3.10% |
| Efficiency Ratio (%) | ▼ | 50.74% | +4.76 | 45.98% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 2.53% | -0.24 | 2.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $396 | +93.07 | $303 |
| Gross Loans ($M) | ▲ | $266 | +49.37 | $216 |
| Loan Growth YoY (%) | ▼ | 89.25% | -11.89 | 101.14% |
| Total Deposits ($M) | ▲ | $295 | +83.54 | $212 |
| Shareholders Equity ($M) | ▲ | $47 | +11.95 | $35 |
| Tang. Book Value ($M) | ▲ | $44 | +8.72 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +10.23 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 89.25% | -11.89 | 101.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.85% | -0.21% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.07% | -0.51 | 13.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▁▄▇█ | Net Interest Margin (%) | 3.11% | 3.09% | 3.05% | 3.10% | 3.06% | 3.24% | 3.46% | 3.54% |
| █▇▄██▁▅▆ | Return on Assets (%) | 1.36% | 1.32% | 1.27% | 1.36% | 1.36% | 1.18% | 1.29% | 1.32% |
| ▂▃▃▁▁█▆▅ | Efficiency Ratio (%) | 46.2% | 47.5% | 48.0% | 46.0% | 44.9% | 54.2% | 51.0% | 50.7% |
| █▆▇▆▂▅▁▃ | Cost of Funds (%) | 3.01% | 2.80% | 2.86% | 2.78% | 2.41% | 2.72% | 2.29% | 2.53% |
| ▂▁▁▁█▂▆▁ | NPA / Assets (%) | 0.13% | 0.02% | 0.00% | 0.00% | 0.55% | 0.11% | 0.41% | 0.01% |
| ▂▁▁▁█▂▆▁ | Net Charge-Off Ratio (%) | 0.18% | 0.02% | 0.00% | 0.00% | 0.81% | 0.16% | 0.60% | 0.01% |
| ▁▁▁▂▇▇▇█ | Tang. Book Value ($M) | $34 | $33 | $34 | $35 | $41 | $41 | $42 | $44 |
| ▁▃▃▂▇▇██ | Gross Loans ($M) | $200 | $225 | $217 | $216 | $255 | $254 | $266 | $266 |
| ▁▁▂▂▇▇██ | Total Deposits ($M) | $191 | $202 | $208 | $212 | $278 | $286 | $299 | $295 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 9% |
| Agricultural | 25% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 20% |