Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 4.15% | +2.20 | 1.95% |
| Return on Equity (%) | ▲ | 35.73% | +17.72 | 18.01% |
| Net Interest Margin (%) | ▼ | 4.26% | -0.33 | 4.59% |
| Efficiency Ratio (%) | ▲ | 31.06% | -17.41 | 48.47% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.04 | $2 |
| Cost of Funds (%) | ▲ | 1.50% | -0.25 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $308 | +21.00 | $287 |
| Gross Loans ($M) | ▼ | $192 | -14.07 | $206 |
| Loan Growth YoY (%) | ▼ | 70.41% | -9.93 | 80.33% |
| Total Deposits ($M) | ▲ | $270 | +15.42 | $254 |
| Shareholders Equity ($M) | ▲ | $36 | +5.29 | $31 |
| Tang. Book Value ($M) | ▲ | $36 | +5.29 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +5.82 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 70.41% | -9.93 | 80.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.52 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | 0.23% | 0.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.84 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.09 | 13.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▆▆██▁▁ | Net Interest Margin (%) | 4.41% | 4.43% | 4.59% | 4.59% | 4.73% | 4.69% | 4.23% | 4.26% |
| ▁▁▁▁▁▁█▅ | Return on Assets (%) | 1.68% | 1.70% | 1.86% | 1.95% | 2.03% | 2.17% | 6.48% | 4.15% |
| ██▇▇▇▆▁▂ | Efficiency Ratio (%) | 52.8% | 52.9% | 49.3% | 48.5% | 47.4% | 45.7% | 24.3% | 31.1% |
| █▇▄▃▃▃▁▁ | Cost of Funds (%) | 2.22% | 2.12% | 1.85% | 1.76% | 1.73% | 1.71% | 1.53% | 1.50% |
| ▁▁▁▁▁██▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.97% | 0.98% | 0.52% |
| ▁▁▁▁▁██▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.47% | 1.61% | 0.84% |
| ▁▁▁▃▄▄█▇ | Tang. Book Value ($M) | $29 | $28 | $30 | $31 | $33 | $34 | $39 | $36 |
| ██▆▅▄▄▂▁ | Gross Loans ($M) | $215 | $215 | $206 | $206 | $202 | $202 | $195 | $192 |
| ▁▁▂▄▇██▇ | Total Deposits ($M) | $234 | $239 | $241 | $254 | $268 | $274 | $278 | $270 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 21% |
| Agricultural | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |