Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.26% | +0.13 | 2.12% |
| Return on Equity (%) | ▲ | 27.15% | +0.32 | 26.83% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.17 | 4.31% |
| Efficiency Ratio (%) | ▲ | 49.33% | -1.50 | 50.83% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.37 | $4 |
| Cost of Funds (%) | ▲ | 1.76% | -0.11 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $688 | +32.09 | $656 |
| Gross Loans ($M) | ▲ | $537 | +22.10 | $515 |
| Loan Growth YoY (%) | ▼ | 86.27% | -1.50 | 87.77% |
| Total Deposits ($M) | ▲ | $614 | +35.25 | $579 |
| Shareholders Equity ($M) | ▲ | $58 | +6.03 | $52 |
| Tang. Book Value ($M) | ▲ | $58 | +6.03 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +6.45 | $58 |
| Loan / Deposit Ratio (%) | ▼ | 86.27% | -1.50 | 87.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.00 | 0.07% |
| Allowance / Loans (%) | — | 1.41% | 0.01% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.09% | +0.01 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇████ | Net Interest Margin (%) | 3.77% | 3.90% | 4.26% | 4.31% | 4.41% | 4.45% | 4.40% | 4.47% |
| ▁▂▄▇▇█▅█ | Return on Assets (%) | 1.65% | 1.76% | 1.88% | 2.12% | 2.17% | 2.24% | 1.97% | 2.26% |
| █▇▆▃▁▁▂▁ | Efficiency Ratio (%) | 56.1% | 54.3% | 53.7% | 50.8% | 49.0% | 48.7% | 50.5% | 49.3% |
| █▅▅▃▃▂▁▁ | Cost of Funds (%) | 2.13% | 1.97% | 1.95% | 1.87% | 1.85% | 1.79% | 1.72% | 1.76% |
| ▁▁█▇█▇██ | NPA / Assets (%) | 0.03% | 0.02% | 0.07% | 0.07% | 0.07% | 0.06% | 0.07% | 0.07% |
| ▂▁███▇██ | Net Charge-Off Ratio (%) | 0.04% | 0.02% | 0.09% | 0.08% | 0.09% | 0.08% | 0.09% | 0.09% |
| ▁▁▂▃▆█▆█ | Tang. Book Value ($M) | $49 | $49 | $50 | $52 | $55 | $58 | $55 | $58 |
| ▁▂▂▆▇▇▆█ | Gross Loans ($M) | $460 | $471 | $475 | $515 | $525 | $525 | $517 | $537 |
| ▁▂▁▂▇██▇ | Total Deposits ($M) | $565 | $573 | $568 | $579 | $608 | $622 | $622 | $614 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 6% |