Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.58% | -0.31 | 1.89% |
| Return on Equity (%) | ▼ | 15.29% | -3.22 | 18.51% |
| Net Interest Margin (%) | ▼ | 3.70% | -0.06 | 3.76% |
| Efficiency Ratio (%) | ▼ | 56.36% | +9.15 | 47.21% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.42 | $2 |
| Cost of Funds (%) | ▼ | 1.75% | +0.07 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +38.67 | $356 |
| Gross Loans ($M) | ▲ | $292 | +21.00 | $271 |
| Loan Growth YoY (%) | ▼ | 82.58% | -2.20 | 84.78% |
| Total Deposits ($M) | ▲ | $351 | +33.71 | $317 |
| Shareholders Equity ($M) | ▲ | $42 | +4.91 | $37 |
| Tang. Book Value ($M) | ▲ | $41 | +4.99 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +5.38 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 82.58% | -2.20 | 84.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.12 | 0.17% |
| Allowance / Loans (%) | — | 0.94% | -0.02% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.15 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▆█▇▇▁▇ | Net Interest Margin (%) | 3.58% | 3.60% | 3.67% | 3.76% | 3.72% | 3.71% | 3.48% | 3.70% |
| ▁▂▇▇██▅▁ | Return on Assets (%) | 1.61% | 1.66% | 1.89% | 1.89% | 1.94% | 1.97% | 1.78% | 1.58% |
| ▅▅▂▁▁▁▂█ | Efficiency Ratio (%) | 52.2% | 51.8% | 47.5% | 47.2% | 46.6% | 46.0% | 47.4% | 56.4% |
| ▂▁▁▃▁█▆▆ | Cost of Funds (%) | 1.64% | 1.63% | 1.61% | 1.68% | 1.63% | 1.80% | 1.73% | 1.75% |
| ▄▁▁█▇▆▇▂ | NPA / Assets (%) | 0.10% | 0.03% | 0.04% | 0.17% | 0.14% | 0.13% | 0.15% | 0.05% |
| ▂▁▁█▇▇█▂ | Net Charge-Off Ratio (%) | 0.07% | 0.03% | 0.04% | 0.22% | 0.19% | 0.17% | 0.22% | 0.07% |
| ▁▁▃▃▅▇██ | Tang. Book Value ($M) | $33 | $34 | $36 | $36 | $38 | $40 | $41 | $41 |
| ▁▂▃▄▅▇▆█ | Gross Loans ($M) | $251 | $260 | $264 | $271 | $276 | $282 | $277 | $292 |
| ▁▂▄▄▆▇█▇ | Total Deposits ($M) | $287 | $301 | $321 | $317 | $341 | $349 | $361 | $351 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 12% |
| Agricultural | 8% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |