Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.70% | +0.07 | 1.63% |
| Return on Equity (%) | ▼ | 13.75% | -0.48 | 14.23% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.06 | 4.00% |
| Efficiency Ratio (%) | ▲ | 49.46% | -0.86 | 50.32% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.20 | $3 |
| Cost of Funds (%) | ▲ | 1.29% | -0.18 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $627 | +31.38 | $595 |
| Gross Loans ($M) | ▼ | $366 | -25.31 | $391 |
| Loan Growth YoY (%) | ▼ | 66.76% | -7.86 | 74.62% |
| Total Deposits ($M) | ▲ | $540 | +22.99 | $517 |
| Shareholders Equity ($M) | ▲ | $80 | +8.47 | $71 |
| Tang. Book Value ($M) | ▲ | $80 | +8.47 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $89 | +10.34 | $78 |
| Loan / Deposit Ratio (%) | ▼ | 66.76% | -7.86 | 74.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.09 | 0.04% |
| Allowance / Loans (%) | — | 1.44% | 0.08% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.17 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▇██▇█ | Net Interest Margin (%) | 3.72% | 3.77% | 3.88% | 4.00% | 4.04% | 4.05% | 3.98% | 4.06% |
| ▂▁▅▇█▆▇█ | Return on Assets (%) | 1.40% | 1.33% | 1.52% | 1.63% | 1.68% | 1.57% | 1.64% | 1.70% |
| ▆█▃▁▁▄▁▁ | Efficiency Ratio (%) | 54.9% | 57.9% | 52.2% | 50.3% | 50.0% | 53.6% | 50.5% | 49.5% |
| ▂▂▆█▆▁▁▁ | Cost of Funds (%) | 1.33% | 1.32% | 1.41% | 1.47% | 1.43% | 1.31% | 1.29% | 1.29% |
| ▂▁█▁▁▁▁█ | NPA / Assets (%) | 0.05% | 0.04% | 0.14% | 0.04% | 0.03% | 0.03% | 0.04% | 0.13% |
| ▁▁█▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.07% | 0.06% | 0.21% | 0.06% | 0.05% | 0.06% | 0.07% | 0.23% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $65 | $65 | $68 | $71 | $74 | $76 | $77 | $80 |
| ██▆█▇▄▁▁ | Gross Loans ($M) | $391 | $392 | $384 | $391 | $386 | $378 | $366 | $366 |
| ▁▅▆▄▄███ | Total Deposits ($M) | $490 | $519 | $526 | $517 | $511 | $543 | $542 | $540 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 10% |
| Agricultural | 8% |
| Consumer | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 86% |
| Brokered / Other | 9% |