Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.90% | -0.42 | 3.32% |
| Return on Equity (%) | ▼ | 31.84% | -9.94 | 41.78% |
| Net Interest Margin (%) | ▲ | 6.72% | +0.04 | 6.68% |
| Efficiency Ratio (%) | ▼ | 50.29% | +0.56 | 49.73% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.58 | $3 |
| Cost of Funds (%) | ▲ | 1.79% | -0.04 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $425 | +54.98 | $370 |
| Gross Loans ($M) | ▲ | $330 | +36.80 | $293 |
| Loan Growth YoY (%) | ▼ | 89.26% | -5.89 | 95.15% |
| Total Deposits ($M) | ▲ | $365 | +60.81 | $304 |
| Shareholders Equity ($M) | ▲ | $39 | +8.95 | $30 |
| Tang. Book Value ($M) | ▲ | $39 | +8.99 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +8.83 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 89.26% | -5.89 | 95.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -1.07 | 1.10% |
| Allowance / Loans (%) | — | 1.15% | 0.01% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.39 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.18% | +0.85 | 12.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃██▇▄█ | Net Interest Margin (%) | 5.58% | 5.78% | 6.05% | 6.68% | 6.84% | 6.67% | 6.18% | 6.72% |
| ▁▃▅▇█▆▄▄ | Return on Assets (%) | 2.48% | 2.77% | 3.06% | 3.32% | 3.53% | 3.25% | 2.93% | 2.90% |
| █▅▄▃▁▃▇▄ | Efficiency Ratio (%) | 54.5% | 51.5% | 50.5% | 49.7% | 47.4% | 50.0% | 53.3% | 50.3% |
| ▄▁▁▃▇█▄▃ | Cost of Funds (%) | 1.89% | 1.63% | 1.62% | 1.83% | 2.12% | 2.25% | 1.90% | 1.79% |
| ▁▁█▅▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 2.17% | 1.10% | 0.01% | 0.01% | 0.03% | 0.03% |
| ▁▁█▅▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 2.70% | 1.39% | 0.02% | 0.00% | 0.02% | 0.00% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $24 | $24 | $27 | $30 | $33 | $33 | $36 | $39 |
| ▁▂▃▅▆▇▆█ | Gross Loans ($M) | $236 | $252 | $265 | $293 | $305 | $308 | $304 | $330 |
| ▁▂▃▃▁▃▆█ | Total Deposits ($M) | $281 | $298 | $302 | $304 | $281 | $310 | $339 | $365 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 34% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 15% |