Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.27% | -0.10 | 1.36% |
| Return on Equity (%) | ▼ | 7.88% | -0.39 | 8.27% |
| Net Interest Margin (%) | ▲ | 4.79% | +0.28 | 4.51% |
| Efficiency Ratio (%) | ▼ | 48.11% | +1.06 | 47.04% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.36 | $3 |
| Cost of Funds (%) | ▲ | 2.07% | -0.08 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $445 | +56.60 | $389 |
| Gross Loans ($M) | ▲ | $333 | +53.94 | $279 |
| Loan Growth YoY (%) | ▲ | 87.76% | +2.38 | 85.37% |
| Total Deposits ($M) | ▲ | $374 | +50.29 | $323 |
| Shareholders Equity ($M) | ▲ | $70 | +6.19 | $64 |
| Tang. Book Value ($M) | ▲ | $70 | +6.19 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +5.91 | $67 |
| Loan / Deposit Ratio (%) | ▲ | 87.76% | +2.38 | 85.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.50% | +0.13 | 0.38% |
| Allowance / Loans (%) | — | 1.45% | 0.48% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.37 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▇███ | Net Interest Margin (%) | 4.05% | 4.09% | 4.34% | 4.51% | 4.66% | 4.74% | 4.78% | 4.79% |
| ▃▂▁▂▄▂█▁ | Return on Assets (%) | 1.39% | 1.31% | 1.22% | 1.36% | 1.54% | 1.37% | 1.86% | 1.27% |
| ▅█▂▁▁▄▃▁ | Efficiency Ratio (%) | 53.6% | 57.8% | 49.1% | 47.0% | 46.8% | 51.3% | 49.9% | 48.1% |
| ██▅▄▃▂▁▁ | Cost of Funds (%) | 2.29% | 2.32% | 2.18% | 2.15% | 2.12% | 2.09% | 2.04% | 2.07% |
| ▅██▄▃▂▁▆ | NPA / Assets (%) | 0.43% | 0.63% | 0.63% | 0.38% | 0.31% | 0.24% | 0.17% | 0.50% |
| ▇██▁▁▁▂▅ | Net Charge-Off Ratio (%) | 0.67% | 0.78% | 0.77% | 0.10% | 0.02% | 0.10% | 0.12% | 0.47% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $60 | $60 | $63 | $64 | $67 | $68 | $69 | $70 |
| ▁▁▂▄▆▇██ | Gross Loans ($M) | $232 | $237 | $256 | $279 | $306 | $320 | $325 | $333 |
| ▁▁▂▃▄▅▇█ | Total Deposits ($M) | $298 | $302 | $314 | $323 | $333 | $345 | $357 | $374 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 30% |
| Agricultural | 4% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 10% |