Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.33 | 0.97% |
| Return on Equity (%) | ▲ | 11.22% | +2.00 | 9.22% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.21 | 3.60% |
| Efficiency Ratio (%) | ▲ | 54.57% | -2.73 | 57.30% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.25 | $2 |
| Cost of Funds (%) | ▲ | 1.42% | -0.14 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $567 | +32.72 | $534 |
| Gross Loans ($M) | ▲ | $330 | +28.12 | $302 |
| Loan Growth YoY (%) | ▲ | 68.08% | +2.33 | 65.75% |
| Total Deposits ($M) | ▲ | $478 | +25.27 | $453 |
| Shareholders Equity ($M) | ▲ | $66 | +7.34 | $58 |
| Tang. Book Value ($M) | ▲ | $62 | +7.34 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +7.58 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 68.08% | +2.33 | 65.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.05 | 0.11% |
| Allowance / Loans (%) | — | 1.20% | 0.01% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.06 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.31% | 3.30% | 3.45% | 3.60% | 3.67% | 3.67% | 3.73% | 3.81% |
| ▆▄▁▅▇▆▆█ | Return on Assets (%) | 1.09% | 0.91% | 0.58% | 0.97% | 1.16% | 1.06% | 1.10% | 1.29% |
| ▅█▅▂▁▃▂▁ | Efficiency Ratio (%) | 62.1% | 68.5% | 62.9% | 57.3% | 55.5% | 59.7% | 56.9% | 54.6% |
| █▇▆▅▅▄▂▁ | Cost of Funds (%) | 1.68% | 1.63% | 1.60% | 1.56% | 1.58% | 1.52% | 1.47% | 1.42% |
| ▁▂▄▃▃▁▃█ | NPA / Assets (%) | 0.09% | 0.10% | 0.12% | 0.11% | 0.12% | 0.10% | 0.12% | 0.16% |
| ▁▂▆▃▄▁▄█ | Net Charge-Off Ratio (%) | 0.17% | 0.19% | 0.23% | 0.20% | 0.21% | 0.18% | 0.21% | 0.26% |
| ▂▁▂▄▇█▇█ | Tang. Book Value ($M) | $53 | $50 | $52 | $55 | $60 | $63 | $60 | $62 |
| ▁▂▂▅▅▆▇█ | Gross Loans ($M) | $269 | $277 | $283 | $302 | $300 | $310 | $315 | $330 |
| ▁▄▅▄▄███ | Total Deposits ($M) | $426 | $453 | $455 | $453 | $454 | $479 | $482 | $478 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 6% |
| Agricultural | 20% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 7% |