Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.31 | 0.93% |
| Return on Equity (%) | ▲ | 10.12% | +1.36 | 8.76% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.47 | 3.70% |
| Efficiency Ratio (%) | ▲ | 58.23% | -8.38 | 66.61% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.90 | $1 |
| Cost of Funds (%) | ▲ | 2.18% | -0.83 | 3.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $452 | +160.27 | $292 |
| Gross Loans ($M) | ▲ | $296 | +85.59 | $210 |
| Loan Growth YoY (%) | ▼ | 73.48% | -9.46 | 82.95% |
| Total Deposits ($M) | ▲ | $396 | +146.64 | $249 |
| Shareholders Equity ($M) | ▲ | $55 | +23.38 | $32 |
| Tang. Book Value ($M) | ▲ | $49 | +16.90 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +18.72 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 73.48% | -9.46 | 82.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.04 | 0.16% |
| Allowance / Loans (%) | — | 1.60% | 0.03% | 1.57% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.06 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▂▄██ | Net Interest Margin (%) | 3.52% | 3.50% | 3.55% | 3.70% | 3.63% | 3.78% | 4.23% | 4.17% |
| ▅▅▃▅▁▄██ | Return on Assets (%) | 0.96% | 0.96% | 0.77% | 0.93% | 0.61% | 0.85% | 1.19% | 1.24% |
| ▅▅█▆▅▃▃▁ | Efficiency Ratio (%) | 65.0% | 64.9% | 70.6% | 66.6% | 64.6% | 62.7% | 61.7% | 58.2% |
| ██▇▇▁▂▁▁ | Cost of Funds (%) | 3.28% | 3.26% | 3.07% | 3.01% | 2.18% | 2.35% | 2.15% | 2.18% |
| ▄▃█▁▄▄▃▂ | NPA / Assets (%) | 0.23% | 0.21% | 0.33% | 0.16% | 0.23% | 0.23% | 0.22% | 0.20% |
| ▄▃█▁▄▃▃▂ | Net Charge-Off Ratio (%) | 0.34% | 0.30% | 0.47% | 0.20% | 0.31% | 0.29% | 0.28% | 0.26% |
| ▁▁▁▁████ | Tang. Book Value ($M) | $30 | $31 | $31 | $32 | $47 | $48 | $48 | $49 |
| ▁▁▁▂▇███ | Gross Loans ($M) | $197 | $206 | $208 | $210 | $281 | $297 | $297 | $296 |
| ▁▁▁▁▇███ | Total Deposits ($M) | $231 | $242 | $245 | $249 | $372 | $389 | $389 | $396 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 14% |