Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.15% | +0.35 | 1.80% |
| Return on Equity (%) | ▲ | 19.97% | +3.33 | 16.64% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.16 | 3.31% |
| Efficiency Ratio (%) | ▲ | 34.98% | -8.99 | 43.97% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.47 | $2 |
| Cost of Funds (%) | ▲ | 1.94% | -0.40 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $458 | +53.40 | $405 |
| Gross Loans ($M) | ▲ | $281 | +21.42 | $260 |
| Loan Growth YoY (%) | ▼ | 69.22% | -3.31 | 72.53% |
| Total Deposits ($M) | ▲ | $401 | +47.69 | $353 |
| Shareholders Equity ($M) | ▲ | $52 | +4.88 | $47 |
| Tang. Book Value ($M) | ▲ | $52 | +4.88 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +5.86 | $52 |
| Loan / Deposit Ratio (%) | ▼ | 69.22% | -3.31 | 72.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | -0.08% | 1.44% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.39% | -0.05 | 15.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▅▇▇██ | Net Interest Margin (%) | 3.38% | 3.32% | 3.11% | 3.31% | 3.41% | 3.42% | 3.43% | 3.47% |
| ▁▂▁▂▃▃█▇ | Return on Assets (%) | 1.74% | 1.79% | 1.68% | 1.80% | 1.84% | 1.83% | 2.27% | 2.15% |
| █▇▇▇▇▇▁▂ | Efficiency Ratio (%) | 47.1% | 44.3% | 45.2% | 44.0% | 44.2% | 44.3% | 31.9% | 35.0% |
| █▆▆▇▇▁▁▂ | Cost of Funds (%) | 2.48% | 2.28% | 2.26% | 2.35% | 2.32% | 1.82% | 1.88% | 1.94% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▄▅███ | Tang. Book Value ($M) | $44 | $44 | $45 | $47 | $48 | $51 | $51 | $52 |
| ▃▁▁▄▆▆▇█ | Gross Loans ($M) | $253 | $239 | $239 | $260 | $266 | $269 | $274 | $281 |
| ▁▄▄▂▂█▆▆ | Total Deposits ($M) | $323 | $376 | $373 | $353 | $348 | $446 | $409 | $401 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 6% |
| Agricultural | 51% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 11% |