Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.01 | 0.84% |
| Return on Equity (%) | ▼ | 7.04% | -1.28 | 8.32% |
| Net Interest Margin (%) | ▼ | 2.67% | -0.04 | 2.71% |
| Efficiency Ratio (%) | ▼ | 62.09% | +4.86 | 57.23% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.61% | -0.08 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $240 | -1.50 | $241 |
| Gross Loans ($M) | ▲ | $70 | +5.24 | $65 |
| Loan Growth YoY (%) | ▲ | 33.22% | +2.16 | 31.06% |
| Total Deposits ($M) | ▲ | $208 | +2.37 | $206 |
| Shareholders Equity ($M) | ▲ | $29 | +4.20 | $25 |
| Tang. Book Value ($M) | ▲ | $29 | +4.20 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +4.57 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 33.22% | +2.16 | 31.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.47% | -0.11% | 1.58% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.02 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆███▅▇ | Net Interest Margin (%) | 2.46% | 2.50% | 2.64% | 2.71% | 2.71% | 2.71% | 2.60% | 2.67% |
| ▇█▁▅██▃▆ | Return on Assets (%) | 0.90% | 0.93% | 0.69% | 0.84% | 0.94% | 0.94% | 0.76% | 0.85% |
| ▃▁▂▂▁▁█▇ | Efficiency Ratio (%) | 58.0% | 56.7% | 57.3% | 57.2% | 55.9% | 55.9% | 64.0% | 62.1% |
| █▅▂▂▁▂▂▁ | Cost of Funds (%) | 1.94% | 1.81% | 1.69% | 1.69% | 1.64% | 1.68% | 1.67% | 1.61% |
| ██▁▁▁▁▁▁ | NPA / Assets (%) | 0.15% | 0.14% | 0.02% | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% |
| ██▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.57% | 0.53% | 0.07% | 0.07% | 0.01% | 0.00% | 0.04% | 0.05% |
| █▁▃▂▆█▆▇ | Tang. Book Value ($M) | $30 | $24 | $26 | $25 | $28 | $30 | $28 | $29 |
| ▂▁▁▁▃▇▇█ | Gross Loans ($M) | $66 | $65 | $64 | $65 | $66 | $69 | $69 | $70 |
| ▁▁▅▅█▄▅▆ | Total Deposits ($M) | $197 | $196 | $205 | $206 | $213 | $204 | $204 | $208 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 14% |
| Agricultural | 2% |
| Consumer | 7% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 16% |