Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.32 | 0.78% |
| Return on Equity (%) | ▲ | 9.73% | +1.79 | 7.94% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.37 | 2.69% |
| Efficiency Ratio (%) | ▲ | 56.52% | -8.81 | 65.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.36 | $1 |
| Cost of Funds (%) | ▲ | 1.97% | -0.23 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $431 | +15.03 | $415 |
| Gross Loans ($M) | ▲ | $251 | +19.31 | $232 |
| Loan Growth YoY (%) | ▲ | 64.85% | +3.82 | 61.02% |
| Total Deposits ($M) | ▲ | $380 | +7.88 | $372 |
| Shareholders Equity ($M) | ▲ | $49 | +6.92 | $42 |
| Tang. Book Value ($M) | ▲ | $49 | +6.92 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +6.91 | $49 |
| Loan / Deposit Ratio (%) | ▲ | 64.85% | +3.82 | 61.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.10 | 0.12% |
| Allowance / Loans (%) | — | 1.88% | -0.16% | 2.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.14 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.25% | 2.31% | 2.61% | 2.69% | 2.73% | 2.80% | 2.99% | 3.06% |
| ▁▁▃▄▅▆██ | Return on Assets (%) | 0.49% | 0.51% | 0.69% | 0.78% | 0.80% | 0.87% | 1.09% | 1.10% |
| ██▆▄▄▃▁▁ | Efficiency Ratio (%) | 76.5% | 75.6% | 69.0% | 65.3% | 65.1% | 62.6% | 56.1% | 56.5% |
| █▇▅▅▄▃▁▁ | Cost of Funds (%) | 2.49% | 2.41% | 2.20% | 2.20% | 2.18% | 2.09% | 1.90% | 1.97% |
| ▁▆▂▂▆▆█▆ | NPA / Assets (%) | 0.07% | 0.24% | 0.12% | 0.12% | 0.22% | 0.22% | 0.30% | 0.22% |
| ▁▆▂▂▅▅█▅ | Net Charge-Off Ratio (%) | 0.13% | 0.43% | 0.23% | 0.22% | 0.38% | 0.34% | 0.53% | 0.37% |
| ▃▁▃▃▆▇██ | Tang. Book Value ($M) | $42 | $38 | $41 | $42 | $46 | $47 | $48 | $49 |
| ▂▃▁▃▆▇▅█ | Gross Loans ($M) | $229 | $231 | $222 | $232 | $240 | $244 | $237 | $251 |
| ▁▃▃▅▁▃██ | Total Deposits ($M) | $361 | $367 | $368 | $372 | $361 | $367 | $378 | $380 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 6% |
| Agricultural | 16% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 6% |