Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.72% | -0.23 | 1.95% |
| Return on Equity (%) | ▼ | 11.18% | -4.38 | 15.56% |
| Net Interest Margin (%) | ▼ | 3.21% | -0.14 | 3.35% |
| Efficiency Ratio (%) | ▼ | 31.20% | +5.59 | 25.61% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.70 | $4 |
| Cost of Funds (%) | ▼ | 0.53% | +0.07 | 0.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $500 | -39.38 | $540 |
| Gross Loans ($M) | ▲ | $91 | +16.85 | $74 |
| Loan Growth YoY (%) | ▲ | 21.29% | +5.76 | 15.53% |
| Total Deposits ($M) | ▼ | $420 | -47.46 | $468 |
| Shareholders Equity ($M) | ▲ | $79 | +8.03 | $71 |
| Tang. Book Value ($M) | ▲ | $79 | +8.03 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $93 | +9.42 | $84 |
| Loan / Deposit Ratio (%) | ▲ | 21.29% | +5.76 | 15.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.77% | -0.41% | 2.18% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 76.85% | -8.58 | 85.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▅▅▆▁▃ | Net Interest Margin (%) | 3.51% | 3.55% | 3.11% | 3.35% | 3.33% | 3.38% | 3.05% | 3.21% |
| █▇▄▆▆▅▁▂ | Return on Assets (%) | 2.08% | 2.02% | 1.81% | 1.95% | 1.94% | 1.87% | 1.62% | 1.72% |
| ▁▃▃▁▂▅█▆ | Efficiency Ratio (%) | 24.7% | 27.4% | 27.3% | 25.6% | 26.3% | 30.2% | 33.6% | 31.2% |
| ▂▁▁▃▃▇▆█ | Cost of Funds (%) | 0.45% | 0.45% | 0.43% | 0.46% | 0.46% | 0.51% | 0.50% | 0.53% |
| ▅▁▁▁█▁▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% |
| ▅▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.00% | 0.00% | 0.00% | 0.14% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▆▆▇█ | Tang. Book Value ($M) | $64 | $66 | $68 | $71 | $73 | $75 | $77 | $79 |
| ▂▁▁▂▃▂▅█ | Gross Loans ($M) | $73 | $71 | $70 | $74 | $75 | $75 | $81 | $91 |
| ▅▇█▇▇▁▂▁ | Total Deposits ($M) | $457 | $467 | $485 | $468 | $474 | $411 | $427 | $420 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 18% |
| Agricultural | 5% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 5% |