Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.19 | 0.98% |
| Return on Equity (%) | ▲ | 8.41% | +0.71 | 7.70% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.30 | 3.00% |
| Efficiency Ratio (%) | ▲ | 44.96% | -3.19 | 48.15% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.63 | $4 |
| Cost of Funds (%) | ▲ | 1.89% | -0.27 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $896 | -7.75 | $903 |
| Gross Loans ($M) | ▲ | $507 | +20.77 | $486 |
| Loan Growth YoY (%) | ▲ | 76.94% | +2.32 | 74.62% |
| Total Deposits ($M) | ▲ | $637 | +6.89 | $630 |
| Shareholders Equity ($M) | ▲ | $128 | +11.93 | $116 |
| Tang. Book Value ($M) | ▲ | $128 | +11.93 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +11.40 | $131 |
| Loan / Deposit Ratio (%) | ▲ | 76.94% | +2.32 | 74.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.08 | 0.05% |
| Allowance / Loans (%) | — | 3.23% | 0.04% | 3.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.14 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▃▄▇█ | Net Interest Margin (%) | 3.01% | 2.99% | 2.96% | 3.00% | 3.06% | 3.10% | 3.23% | 3.30% |
| ▇█▂▁▂▆▃▆ | Return on Assets (%) | 1.18% | 1.24% | 1.02% | 0.98% | 1.03% | 1.16% | 1.07% | 1.17% |
| ▁▁█▅▅▄▃▁ | Efficiency Ratio (%) | 45.6% | 45.4% | 50.9% | 48.2% | 47.9% | 47.3% | 46.9% | 45.0% |
| ▅███▇▂▁▁ | Cost of Funds (%) | 2.06% | 2.18% | 2.16% | 2.15% | 2.11% | 1.93% | 1.86% | 1.89% |
| ▂▁▃▁▁▁█▂ | NPA / Assets (%) | 0.10% | 0.06% | 0.25% | 0.05% | 0.01% | 0.03% | 0.68% | 0.13% |
| ▂▁▃▁▁▁█▂ | Net Charge-Off Ratio (%) | 0.20% | 0.10% | 0.45% | 0.09% | 0.01% | 0.04% | 1.22% | 0.23% |
| ▃▁▃▃▆▇▇█ | Tang. Book Value ($M) | $116 | $110 | $115 | $116 | $122 | $124 | $125 | $128 |
| ▁▇▆▅▆█▇▇ | Gross Loans ($M) | $447 | $500 | $493 | $486 | $495 | $516 | $506 | $507 |
| ▁▆▇▇▄▅██ | Total Deposits ($M) | $590 | $623 | $628 | $630 | $611 | $618 | $639 | $637 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 6% |
| Agricultural | 27% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 12% |