Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.39 | 1.06% |
| Return on Equity (%) | ▲ | 10.50% | +2.81 | 7.69% |
| Net Interest Margin (%) | ▲ | 2.86% | +0.37 | 2.49% |
| Efficiency Ratio (%) | ▲ | 45.14% | -7.15 | 52.29% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.33 | $1 |
| Cost of Funds (%) | ▼ | 1.81% | +0.03 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $294 | +18.75 | $275 |
| Gross Loans ($M) | ▲ | $132 | +5.77 | $126 |
| Loan Growth YoY (%) | ▼ | 51.28% | -0.62 | 51.90% |
| Total Deposits ($M) | ▲ | $250 | +13.97 | $236 |
| Shareholders Equity ($M) | ▲ | $41 | +2.36 | $38 |
| Tang. Book Value ($M) | ▲ | $41 | +2.36 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $48 | +3.13 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 51.28% | -0.62 | 51.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.04 | 0.04% |
| Allowance / Loans (%) | — | 2.72% | -0.07% | 2.79% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.08 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.35% | +0.00 | 26.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅██ | Net Interest Margin (%) | 2.22% | 2.24% | 2.36% | 2.49% | 2.56% | 2.61% | 2.81% | 2.86% |
| ▁▁▃▃▄▃██ | Return on Assets (%) | 0.92% | 0.87% | 1.03% | 1.06% | 1.17% | 1.07% | 1.48% | 1.45% |
| ▇█▆▆▄▇▁▁ | Efficiency Ratio (%) | 53.3% | 55.3% | 51.7% | 52.3% | 49.6% | 53.9% | 44.6% | 45.1% |
| ▁▃▃▆▅▅▅█ | Cost of Funds (%) | 1.70% | 1.73% | 1.74% | 1.77% | 1.76% | 1.76% | 1.76% | 1.81% |
| █▁▂▂▁▁▃▁ | NPA / Assets (%) | 0.20% | 0.01% | 0.04% | 0.04% | 0.00% | 0.02% | 0.08% | 0.01% |
| █▁▂▂▁▁▃▁ | Net Charge-Off Ratio (%) | 0.45% | 0.02% | 0.08% | 0.09% | 0.01% | 0.05% | 0.17% | 0.01% |
| ▁▁▁▃▆▇▆█ | Tang. Book Value ($M) | $37 | $37 | $38 | $38 | $40 | $40 | $40 | $41 |
| ▁▂▂▄▆███ | Gross Loans ($M) | $121 | $123 | $123 | $126 | $128 | $130 | $131 | $132 |
| ▁▁▂▁▅▆█▇ | Total Deposits ($M) | $234 | $234 | $236 | $236 | $244 | $248 | $253 | $250 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 25% |
| Agricultural | 10% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 20% |