Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.02% | -0.04 | 1.06% |
| Return on Equity (%) | ▼ | 10.26% | -2.42 | 12.68% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.17 | 3.65% |
| Efficiency Ratio (%) | ▼ | 70.13% | +1.65 | 68.48% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.10 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $301 | -0.63 | $302 |
| Gross Loans ($M) | ▲ | $174 | +6.73 | $167 |
| Loan Growth YoY (%) | ▲ | 64.04% | +3.25 | 60.79% |
| Total Deposits ($M) | ▼ | $266 | -2.36 | $268 |
| Shareholders Equity ($M) | ▲ | $32 | +5.96 | $26 |
| Tang. Book Value ($M) | ▲ | $32 | +5.96 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +5.83 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 64.04% | +3.25 | 60.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.04 | 0.29% |
| Allowance / Loans (%) | — | 1.92% | -0.37% | 2.29% |
| Net Charge-Off Ratio (%) | ▲ | 0.45% | -0.08 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▆▇█ | Net Interest Margin (%) | 3.36% | 3.41% | 3.63% | 3.65% | 3.71% | 3.70% | 3.73% | 3.82% |
| ▁▂███▇▁▅ | Return on Assets (%) | 0.95% | 0.96% | 1.07% | 1.06% | 1.06% | 1.04% | 0.96% | 1.02% |
| █▆▃▁▂▂▅▇ | Efficiency Ratio (%) | 70.4% | 69.7% | 69.2% | 68.5% | 68.8% | 68.8% | 69.5% | 70.1% |
| ██▇▅▅▁▄▂ | Cost of Funds (%) | 1.51% | 1.48% | 1.46% | 1.42% | 1.42% | 1.26% | 1.39% | 1.32% |
| ▄▅▅▃██▁▁ | NPA / Assets (%) | 0.31% | 0.33% | 0.33% | 0.29% | 0.41% | 0.41% | 0.24% | 0.26% |
| ▃▄▄▃▇█▁▁ | Net Charge-Off Ratio (%) | 0.56% | 0.58% | 0.58% | 0.53% | 0.73% | 0.79% | 0.43% | 0.45% |
| ▂▁▂▃▆▇██ | Tang. Book Value ($M) | $25 | $23 | $25 | $26 | $29 | $30 | $31 | $32 |
| ▁▁▆▃▃▂█▇ | Gross Loans ($M) | $163 | $163 | $171 | $167 | $166 | $166 | $176 | $174 |
| ▁▁▃▄▂█▆▃ | Total Deposits ($M) | $256 | $255 | $266 | $268 | $262 | $286 | $277 | $266 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 3% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 12% |