Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.40% | +0.37 | 2.02% |
| Return on Equity (%) | ▲ | 23.66% | +0.31 | 23.35% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.38 | 3.76% |
| Efficiency Ratio (%) | ▲ | 44.73% | -2.24 | 46.96% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.49 | $4 |
| Cost of Funds (%) | ▲ | 1.34% | -0.19 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $726 | +25.74 | $700 |
| Gross Loans ($M) | ▲ | $598 | +23.80 | $575 |
| Loan Growth YoY (%) | ▼ | 102.13% | -2.99 | 105.13% |
| Total Deposits ($M) | ▲ | $575 | +38.98 | $536 |
| Shareholders Equity ($M) | ▲ | $75 | +11.67 | $63 |
| Tang. Book Value ($M) | ▲ | $74 | +11.68 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +11.69 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 102.13% | -2.99 | 105.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.85% | -0.07% | 1.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.85 | 11.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 3.33% | 3.40% | 3.64% | 3.76% | 3.84% | 3.89% | 4.06% | 4.14% |
| ▁▁▃▃▃▃█▅ | Return on Assets (%) | 1.53% | 1.60% | 1.96% | 2.02% | 2.05% | 2.03% | 2.96% | 2.40% |
| ██▄▃▄▅▁▂ | Efficiency Ratio (%) | 53.8% | 53.2% | 47.4% | 47.0% | 47.3% | 48.7% | 43.2% | 44.7% |
| █▇▆▄▃▂▁▁ | Cost of Funds (%) | 1.82% | 1.73% | 1.66% | 1.53% | 1.47% | 1.41% | 1.34% | 1.34% |
| ▁▁▁▁█▁▁▃ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.02% |
| ▁▁▁▁█▁▁▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.00% | 0.03% |
| ▁▁▂▃▅▅██ | Tang. Book Value ($M) | $57 | $56 | $60 | $63 | $66 | $67 | $73 | $74 |
| ▃▃▅▅▁▂▅█ | Gross Loans ($M) | $565 | $565 | $576 | $575 | $548 | $559 | $576 | $598 |
| ▂▃▁▃█▇██ | Total Deposits ($M) | $535 | $538 | $521 | $536 | $574 | $569 | $577 | $575 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 28% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 3% |