Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.22 | 1.33% |
| Return on Equity (%) | ▲ | 13.26% | +1.17 | 12.09% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.46 | 3.32% |
| Efficiency Ratio (%) | ▲ | 47.94% | -2.29 | 50.23% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.23 | $2 |
| Cost of Funds (%) | ▲ | 1.59% | -0.20 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $452 | -15.32 | $467 |
| Gross Loans ($M) | ▲ | $330 | +8.39 | $322 |
| Loan Growth YoY (%) | ▲ | 88.95% | +12.38 | 76.57% |
| Total Deposits ($M) | ▼ | $365 | -48.52 | $413 |
| Shareholders Equity ($M) | ▲ | $55 | +2.80 | $52 |
| Tang. Book Value ($M) | ▲ | $55 | +2.80 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +3.01 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 88.95% | +12.38 | 76.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.69% | +0.41 | 0.28% |
| Allowance / Loans (%) | — | 1.77% | 0.08% | 1.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.88% | +0.47 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.96% | 3.05% | 3.29% | 3.32% | 3.39% | 3.44% | 3.72% | 3.78% |
| ▁▁▄▅▆▄██ | Return on Assets (%) | 1.04% | 1.03% | 1.24% | 1.33% | 1.38% | 1.28% | 1.50% | 1.55% |
| ██▄▂▂▄▁▁ | Efficiency Ratio (%) | 56.9% | 57.7% | 52.5% | 50.2% | 49.3% | 51.9% | 48.5% | 47.9% |
| █▆▆▄▆▄▁▁ | Cost of Funds (%) | 2.02% | 1.89% | 1.89% | 1.79% | 1.91% | 1.77% | 1.62% | 1.59% |
| ▁▁▃▃▁▆▃█ | NPA / Assets (%) | 0.06% | 0.10% | 0.28% | 0.28% | 0.14% | 0.53% | 0.27% | 0.69% |
| ▁▁▄▄▂▇▃█ | Net Charge-Off Ratio (%) | 0.08% | 0.14% | 0.40% | 0.41% | 0.19% | 0.77% | 0.38% | 0.88% |
| ▄▁▃▅█▅▇█ | Tang. Book Value ($M) | $51 | $48 | $50 | $52 | $54 | $52 | $53 | $55 |
| ▁▁▃▅▃▃▃█ | Gross Loans ($M) | $313 | $311 | $317 | $322 | $318 | $317 | $318 | $330 |
| ▂▄▇█▄█▆▁ | Total Deposits ($M) | $371 | $388 | $402 | $413 | $387 | $409 | $395 | $365 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 12% |
| Agricultural | 3% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 18% |