Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.68% | -0.15 | 1.83% |
| Return on Equity (%) | ▼ | 16.18% | -2.98 | 19.16% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.19 | 4.10% |
| Efficiency Ratio (%) | ▼ | 52.90% | +0.48 | 52.42% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.12 | $3 |
| Cost of Funds (%) | ▲ | 1.92% | -0.14 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $497 | +14.83 | $482 |
| Gross Loans ($M) | ▲ | $392 | +19.74 | $372 |
| Loan Growth YoY (%) | ▲ | 86.76% | +2.34 | 84.42% |
| Total Deposits ($M) | ▲ | $443 | +9.57 | $433 |
| Shareholders Equity ($M) | ▲ | $52 | +5.24 | $46 |
| Tang. Book Value ($M) | ▲ | $52 | +5.24 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $55 | +5.28 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 86.76% | +2.34 | 84.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.80% | +0.60 | 0.21% |
| Allowance / Loans (%) | — | 1.87% | 0.25% | 1.62% |
| Net Charge-Off Ratio (%) | ▼ | 1.02% | +0.75 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇███ | Net Interest Margin (%) | 3.41% | 3.51% | 4.02% | 4.10% | 4.16% | 4.21% | 4.24% | 4.29% |
| ▁▁▆███▇▆ | Return on Assets (%) | 1.27% | 1.32% | 1.70% | 1.83% | 1.85% | 1.82% | 1.75% | 1.68% |
| ██▂▁▁▁▃▂ | Efficiency Ratio (%) | 58.6% | 57.8% | 53.5% | 52.4% | 51.9% | 52.0% | 53.9% | 52.9% |
| ██▃▄▄▃▁▂ | Cost of Funds (%) | 2.37% | 2.34% | 2.03% | 2.06% | 2.07% | 2.00% | 1.83% | 1.92% |
| █▁▁▁▂▁▄█ | NPA / Assets (%) | 0.79% | 0.12% | 0.13% | 0.21% | 0.24% | 0.20% | 0.38% | 0.80% |
| █▁▁▁▂▁▄█ | Net Charge-Off Ratio (%) | 1.05% | 0.16% | 0.17% | 0.27% | 0.31% | 0.25% | 0.50% | 1.02% |
| ▁▁▃▃▅▆██ | Tang. Book Value ($M) | $45 | $44 | $47 | $46 | $49 | $50 | $53 | $52 |
| ▁▃▃▃▅▆▇█ | Gross Loans ($M) | $361 | $371 | $370 | $372 | $377 | $382 | $384 | $392 |
| ▄▂▁▂▃▂█▅ | Total Deposits ($M) | $438 | $432 | $428 | $433 | $434 | $432 | $452 | $443 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 22% |
| Agricultural | 18% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 15% |