Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.38 | 1.07% |
| Return on Equity (%) | ▲ | 16.37% | +3.92 | 12.45% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.39 | 3.16% |
| Efficiency Ratio (%) | ▲ | 46.68% | -7.60 | 54.28% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.74 | $2 |
| Cost of Funds (%) | ▲ | 2.19% | -0.25 | 2.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $475 | +58.18 | $417 |
| Gross Loans ($M) | ▲ | $347 | +61.01 | $286 |
| Loan Growth YoY (%) | ▲ | 83.93% | +8.96 | 74.97% |
| Total Deposits ($M) | ▲ | $409 | +32.14 | $377 |
| Shareholders Equity ($M) | ▲ | $43 | +5.81 | $37 |
| Tang. Book Value ($M) | ▲ | $43 | +5.81 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +6.31 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 83.93% | +8.96 | 74.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.07 | 0.01% |
| Allowance / Loans (%) | — | 0.96% | -0.11% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.09 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▃▄▇▇█ | Net Interest Margin (%) | 3.29% | 3.29% | 2.95% | 3.16% | 3.26% | 3.43% | 3.41% | 3.56% |
| ▃▃▁▂▃▅▆█ | Return on Assets (%) | 1.13% | 1.16% | 0.98% | 1.07% | 1.14% | 1.24% | 1.29% | 1.45% |
| █▇█▆▅▃▃▁ | Efficiency Ratio (%) | 57.5% | 55.5% | 57.2% | 54.3% | 52.5% | 50.3% | 49.6% | 46.7% |
| ▃▅▇█▇▃▅▁ | Cost of Funds (%) | 2.28% | 2.34% | 2.41% | 2.45% | 2.40% | 2.28% | 2.34% | 2.19% |
| ▃▁▁▁▁█▄▄ | NPA / Assets (%) | 0.06% | 0.03% | 0.03% | 0.01% | 0.01% | 0.16% | 0.08% | 0.08% |
| ▃▂▁▁▁█▄▄ | Net Charge-Off Ratio (%) | 0.09% | 0.04% | 0.04% | 0.02% | 0.01% | 0.24% | 0.11% | 0.11% |
| ▂▁▂▃▅▆▇█ | Tang. Book Value ($M) | $36 | $35 | $36 | $37 | $39 | $41 | $41 | $43 |
| ▁▁▁▃▅▆██ | Gross Loans ($M) | $268 | $264 | $269 | $286 | $313 | $317 | $341 | $347 |
| ▁▄▆▅▆██▇ | Total Deposits ($M) | $327 | $368 | $394 | $377 | $396 | $422 | $425 | $409 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 16% |