Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.20% | +0.29 | 1.92% |
| Return on Equity (%) | ▲ | 19.96% | +2.20 | 17.76% |
| Net Interest Margin (%) | ▼ | 4.98% | -0.07 | 5.05% |
| Efficiency Ratio (%) | ▲ | 53.47% | -2.00 | 55.47% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.21 | $2 |
| Cost of Funds (%) | ▲ | 1.70% | -0.21 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $345 | +19.54 | $325 |
| Gross Loans ($M) | ▲ | $297 | +35.26 | $262 |
| Loan Growth YoY (%) | ▲ | 99.77% | +9.21 | 90.56% |
| Total Deposits ($M) | ▲ | $294 | +8.41 | $286 |
| Shareholders Equity ($M) | ▲ | $41 | +5.64 | $36 |
| Tang. Book Value ($M) | ▲ | $41 | +5.66 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +5.58 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 99.77% | +9.21 | 90.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.01 | 0.03% |
| Allowance / Loans (%) | — | 1.24% | 0.03% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.21 | 13.21% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▆███▁▄ | Net Interest Margin (%) | 5.01% | 5.02% | 5.02% | 5.05% | 5.06% | 5.06% | 4.92% | 4.98% |
| ▅▅▁▃▄▄▇█ | Return on Assets (%) | 2.03% | 2.02% | 1.81% | 1.92% | 2.01% | 2.00% | 2.12% | 2.20% |
| ███▅▅▃▁▁ | Efficiency Ratio (%) | 56.8% | 57.0% | 56.9% | 55.5% | 55.4% | 54.7% | 53.7% | 53.5% |
| █▆▄▅▆▄▁▁ | Cost of Funds (%) | 2.12% | 1.98% | 1.86% | 1.91% | 1.97% | 1.82% | 1.65% | 1.70% |
| █▂▂▁▁▁▁▁ | NPA / Assets (%) | 1.28% | 0.28% | 0.24% | 0.03% | 0.03% | 0.01% | 0.00% | 0.04% |
| █▂▂▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.61% | 0.37% | 0.30% | 0.04% | 0.04% | 0.01% | 0.00% | 0.05% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $33 | $34 | $35 | $35 | $37 | $39 | $40 | $41 |
| ▁▂▃▄▅█▇█ | Gross Loans ($M) | $237 | $247 | $258 | $262 | $273 | $299 | $285 | $297 |
| ▁▃▂▃▄█▇▄ | Total Deposits ($M) | $261 | $284 | $278 | $286 | $291 | $333 | $319 | $294 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 27% |
| Agricultural | 36% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 20% |