Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.75% | +0.40 | 1.36% |
| Return on Equity (%) | ▲ | 16.97% | +4.91 | 12.06% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.63 | 3.15% |
| Efficiency Ratio (%) | ▲ | 52.41% | -5.65 | 58.06% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.82 | $2 |
| Cost of Funds (%) | ▼ | 2.08% | +0.07 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $648 | +25.93 | $622 |
| Gross Loans ($M) | ▲ | $490 | +25.58 | $464 |
| Loan Growth YoY (%) | ▼ | 84.11% | -2.17 | 86.28% |
| Total Deposits ($M) | ▲ | $574 | +44.30 | $530 |
| Shareholders Equity ($M) | ▲ | $67 | +5.70 | $61 |
| Tang. Book Value ($M) | ▲ | $63 | +6.45 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +6.69 | $62 |
| Loan / Deposit Ratio (%) | ▼ | 84.11% | -2.17 | 86.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.09 | 0.16% |
| Allowance / Loans (%) | — | 1.33% | -0.11% | 1.44% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.11 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▁▃▄██ | Net Interest Margin (%) | 3.21% | 3.23% | 3.27% | 3.15% | 3.34% | 3.40% | 3.75% | 3.78% |
| ▁▁▂▁▂▂█▇ | Return on Assets (%) | 1.32% | 1.32% | 1.44% | 1.36% | 1.44% | 1.42% | 1.83% | 1.75% |
| ██▇▇██▁▃ | Efficiency Ratio (%) | 59.5% | 60.2% | 57.5% | 58.1% | 59.5% | 60.2% | 49.4% | 52.4% |
| ▅█▇▁█▄▃▂ | Cost of Funds (%) | 2.28% | 2.45% | 2.39% | 2.01% | 2.44% | 2.19% | 2.12% | 2.08% |
| ▅▄▄▆█▂▅▁ | NPA / Assets (%) | 0.15% | 0.12% | 0.12% | 0.16% | 0.20% | 0.10% | 0.14% | 0.06% |
| ▅▃▃▆█▂▅▁ | Net Charge-Off Ratio (%) | 0.18% | 0.14% | 0.14% | 0.20% | 0.26% | 0.13% | 0.19% | 0.08% |
| ▇▅▇▁▅▆██ | Tang. Book Value ($M) | $62 | $60 | $61 | $56 | $60 | $61 | $62 | $63 |
| ▁▁▁▇▇█▇█ | Gross Loans ($M) | $370 | $374 | $377 | $464 | $462 | $478 | $469 | $490 |
| ▁▂▂▆▆███ | Total Deposits ($M) | $403 | $426 | $439 | $530 | $523 | $567 | $569 | $574 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 2% |
| Agricultural | 11% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 11% |