Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.83% | +0.20 | 2.63% |
| Return on Equity (%) | ▼ | 27.74% | -0.74 | 28.48% |
| Net Interest Margin (%) | ▲ | 4.98% | +0.11 | 4.87% |
| Efficiency Ratio (%) | ▲ | 44.49% | -0.61 | 45.10% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.04 | $3 |
| Cost of Funds (%) | ▲ | 1.52% | -0.29 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $399 | +13.02 | $386 |
| Gross Loans ($M) | ▼ | $306 | -5.74 | $312 |
| Loan Growth YoY (%) | ▼ | 88.19% | -11.83 | 100.01% |
| Total Deposits ($M) | ▲ | $343 | +34.74 | $308 |
| Shareholders Equity ($M) | ▲ | $40 | +4.00 | $36 |
| Tang. Book Value ($M) | ▲ | $37 | +4.00 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +3.80 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 88.19% | -11.83 | 100.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.04 | 0.09% |
| Allowance / Loans (%) | — | 1.23% | 0.04% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.17% | +0.06 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.10% | +0.83 | 11.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▇███ | Net Interest Margin (%) | 4.41% | 4.50% | 4.81% | 4.87% | 4.94% | 4.99% | 5.04% | 4.98% |
| ▂▁▄▆▇▅██ | Return on Assets (%) | 2.39% | 2.27% | 2.53% | 2.63% | 2.74% | 2.59% | 2.81% | 2.83% |
| ▂▃█▂▁▂▃▁ | Efficiency Ratio (%) | 45.5% | 45.9% | 48.8% | 45.1% | 44.5% | 45.2% | 45.6% | 44.5% |
| █▄▁▄▄▂▁▁ | Cost of Funds (%) | 2.23% | 1.80% | 1.59% | 1.81% | 1.79% | 1.67% | 1.55% | 1.52% |
| ▁▁▆▆▆▆▆█ | NPA / Assets (%) | 0.01% | 0.00% | 0.09% | 0.09% | 0.09% | 0.09% | 0.10% | 0.13% |
| ▁▁▆▆▆▆▆█ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.17% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $32 | $31 | $32 | $33 | $34 | $35 | $36 | $37 |
| ▁▄▇▇▄██▅ | Gross Loans ($M) | $291 | $300 | $310 | $312 | $303 | $313 | $316 | $306 |
| ▂▅▃▂▁▄▃█ | Total Deposits ($M) | $308 | $322 | $311 | $308 | $298 | $316 | $313 | $343 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 13% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 17% |