Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.63% | +0.23 | 2.41% |
| Return on Equity (%) | ▲ | 24.24% | +0.22 | 24.02% |
| Net Interest Margin (%) | ▲ | 4.22% | +0.29 | 3.92% |
| Efficiency Ratio (%) | ▲ | 28.16% | -1.25 | 29.41% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.54 | $3 |
| Cost of Funds (%) | ▲ | 2.40% | -0.35 | 2.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $492 | +35.03 | $457 |
| Gross Loans ($M) | ▲ | $450 | +27.51 | $423 |
| Loan Growth YoY (%) | ▼ | 132.01% | -4.01 | 136.02% |
| Total Deposits ($M) | ▲ | $337 | +29.58 | $308 |
| Shareholders Equity ($M) | ▲ | $55 | +7.60 | $47 |
| Tang. Book Value ($M) | ▲ | $55 | +7.60 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 132.01% | -4.01 | 136.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.12 | 0.22% |
| Allowance / Loans (%) | — | 1.15% | 0.11% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -0.01 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇██ | Net Interest Margin (%) | 3.42% | 3.51% | 3.86% | 3.92% | 4.00% | 4.03% | 4.18% | 4.22% |
| ▁▁▅▆▆▇██ | Return on Assets (%) | 2.01% | 2.08% | 2.36% | 2.41% | 2.44% | 2.50% | 2.64% | 2.63% |
| ██▂▂▁▁▁▁ | Efficiency Ratio (%) | 34.4% | 34.0% | 29.6% | 29.4% | 28.6% | 28.3% | 28.6% | 28.2% |
| █▅▂▅▄▂▁▁ | Cost of Funds (%) | 3.10% | 2.76% | 2.53% | 2.75% | 2.73% | 2.50% | 2.40% | 2.40% |
| ▁▁▃▄▇█▇█ | NPA / Assets (%) | 0.14% | 0.15% | 0.21% | 0.22% | 0.31% | 0.36% | 0.32% | 0.34% |
| ▁▁▃▄▇█▅▃ | Net Charge-Off Ratio (%) | 0.15% | 0.17% | 0.23% | 0.24% | 0.34% | 0.39% | 0.27% | 0.23% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $42 | $44 | $45 | $47 | $49 | $52 | $52 | $55 |
| ▁▂▅▅▅▇██ | Gross Loans ($M) | $382 | $395 | $417 | $423 | $418 | $437 | $444 | $450 |
| ▁▃▅▄▄███ | Total Deposits ($M) | $282 | $302 | $312 | $308 | $303 | $331 | $337 | $337 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 15% |
| Agricultural | 32% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 14% |