Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.43% | +0.02 | 0.41% |
| Return on Equity (%) | ▼ | 4.56% | -0.36 | 4.92% |
| Net Interest Margin (%) | ▲ | 2.78% | +0.52 | 2.25% |
| Efficiency Ratio (%) | ▲ | 66.84% | -10.58 | 77.42% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 2.60% | -0.26 | 2.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $301 | +29.81 | $271 |
| Gross Loans ($M) | ▲ | $113 | +20.26 | $93 |
| Loan Growth YoY (%) | ▲ | 52.17% | +6.18 | 45.99% |
| Total Deposits ($M) | ▲ | $215 | +14.71 | $200 |
| Shareholders Equity ($M) | ▲ | $29 | +7.16 | $22 |
| Tang. Book Value ($M) | ▲ | $29 | +7.16 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +7.57 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 52.17% | +6.18 | 45.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.19 | 0.02% |
| Allowance / Loans (%) | — | 1.05% | -0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.19 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 1.16% | 1.31% | 2.12% | 2.25% | 2.40% | 2.47% | 2.74% | 2.78% |
| ▃▁▇█████ | Return on Assets (%) | -0.22% | -0.59% | 0.24% | 0.41% | 0.47% | 0.48% | 0.49% | 0.43% |
| █▇▃▂▂▁▁▁ | Efficiency Ratio (%) | 116.1% | 106.6% | 84.9% | 77.4% | 74.9% | 70.5% | 67.5% | 66.8% |
| ▇█▃▂▂▁▁▁ | Cost of Funds (%) | 3.57% | 3.73% | 2.96% | 2.86% | 2.78% | 2.68% | 2.63% | 2.60% |
| ▂▂█▁▁▂▁▅ | NPA / Assets (%) | 0.08% | 0.10% | 0.36% | 0.02% | 0.04% | 0.09% | 0.02% | 0.21% |
| ▁▁█▁▁▂▁▂ | Net Charge-Off Ratio (%) | 0.15% | 0.12% | 1.01% | 0.07% | 0.11% | 0.21% | 0.05% | 0.26% |
| █▁▂▁▄▆▅█ | Tang. Book Value ($M) | $30 | $22 | $24 | $22 | $26 | $28 | $27 | $29 |
| ▁▁▂▂▄███ | Gross Loans ($M) | $87 | $90 | $91 | $93 | $100 | $112 | $114 | $113 |
| ██▅▁▅▆▆▅ | Total Deposits ($M) | $230 | $230 | $218 | $200 | $217 | $221 | $219 | $215 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 15% |
| Agricultural | 1% |
| Consumer | 19% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 28% |