Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.13% | -0.47 | 1.60% |
| Return on Equity (%) | ▼ | 7.02% | -2.92 | 9.94% |
| Net Interest Margin (%) | ▼ | 3.94% | -0.22 | 4.16% |
| Efficiency Ratio (%) | ▼ | 64.04% | +1.95 | 62.09% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.20 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.14 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $224 | +12.76 | $212 |
| Gross Loans ($M) | ▼ | $125 | -5.19 | $130 |
| Loan Growth YoY (%) | ▼ | 66.02% | -7.00 | 73.02% |
| Total Deposits ($M) | ▲ | $187 | +10.85 | $176 |
| Shareholders Equity ($M) | ▲ | $36 | +1.86 | $35 |
| Tang. Book Value ($M) | ▲ | $36 | +1.86 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +1.78 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 66.02% | -7.00 | 73.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.28 | 0.00% |
| Allowance / Loans (%) | — | 1.32% | 0.01% | 1.31% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.51 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.99% | +1.00 | 25.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▅████▁▁ | Net Interest Margin (%) | 4.01% | 4.05% | 4.16% | 4.16% | 4.17% | 4.17% | 3.91% | 3.94% |
| ▁▃▇█▇▃▂▁ | Return on Assets (%) | 1.14% | 1.29% | 1.51% | 1.60% | 1.52% | 1.27% | 1.21% | 1.13% |
| ██▅▃▆█▁▇ | Efficiency Ratio (%) | 65.1% | 64.9% | 63.3% | 62.1% | 63.6% | 64.9% | 60.8% | 64.0% |
| ██▅▅▃▃▃▁ | Cost of Funds (%) | 1.87% | 1.89% | 1.79% | 1.79% | 1.72% | 1.73% | 1.74% | 1.65% |
| ▁▁▁▁▃▆▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.20% | 0.21% | 0.28% |
| ▁▁▁▁▃▆▆█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.00% | 0.16% | 0.37% | 0.37% | 0.51% |
| ▁▁▃▅▆▆▇█ | Tang. Book Value ($M) | $33 | $33 | $34 | $35 | $35 | $35 | $36 | $36 |
| ▂▄█▅▁▁▂▂ | Gross Loans ($M) | $126 | $128 | $135 | $130 | $124 | $123 | $125 | $125 |
| ▁▁▁▁▄█▅▇ | Total Deposits ($M) | $175 | $175 | $174 | $176 | $182 | $190 | $182 | $187 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 22% |