Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.80% | +0.05 | 1.75% |
| Return on Equity (%) | ▼ | 18.23% | -1.51 | 19.74% |
| Net Interest Margin (%) | ▼ | 3.62% | -0.17 | 3.79% |
| Efficiency Ratio (%) | ▼ | 56.40% | +2.20 | 54.19% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.09 | $2 |
| Cost of Funds (%) | ▲ | 1.82% | -0.43 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $405 | +37.92 | $367 |
| Gross Loans ($M) | ▲ | $234 | +16.35 | $218 |
| Loan Growth YoY (%) | ▲ | 70.01% | +2.85 | 67.16% |
| Total Deposits ($M) | ▲ | $330 | +10.34 | $320 |
| Shareholders Equity ($M) | ▲ | $41 | +6.82 | $34 |
| Tang. Book Value ($M) | ▲ | $41 | +6.82 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +7.77 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 70.01% | +2.85 | 67.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.38% | -0.11% | 1.48% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.02% | -0.63 | 12.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▆▆▅▁▂ | Net Interest Margin (%) | 3.90% | 3.91% | 3.82% | 3.79% | 3.78% | 3.75% | 3.54% | 3.62% |
| █▄▆▅▃▁█▆ | Return on Assets (%) | 1.92% | 1.71% | 1.81% | 1.75% | 1.67% | 1.57% | 1.88% | 1.80% |
| ▁▅▅▆▁▅██ | Efficiency Ratio (%) | 49.1% | 53.7% | 53.2% | 54.2% | 49.0% | 53.4% | 57.2% | 56.4% |
| █▆▄▅▄▃▂▁ | Cost of Funds (%) | 2.60% | 2.40% | 2.18% | 2.26% | 2.20% | 2.10% | 2.01% | 1.82% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.07% | 0.01% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.00% |
| ▁▁▂▃▅▆▆█ | Tang. Book Value ($M) | $32 | $31 | $33 | $34 | $36 | $38 | $38 | $41 |
| ▁█▇▂▁█▄█ | Gross Loans ($M) | $217 | $232 | $231 | $218 | $215 | $233 | $223 | $234 |
| ▁▃█▅▆██▆ | Total Deposits ($M) | $288 | $307 | $340 | $320 | $330 | $345 | $339 | $330 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 14% |
| Agricultural | 24% |
| Consumer | 3% |
| Other | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 25% |