Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.38% | +0.19 | 3.19% |
| Return on Equity (%) | ▼ | 11.22% | -0.16 | 11.38% |
| Net Interest Margin (%) | ▲ | 5.19% | +0.24 | 4.95% |
| Efficiency Ratio (%) | ▲ | 16.86% | -0.98 | 17.84% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.24 | $4 |
| Cost of Funds (%) | ▲ | 1.42% | -0.19 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $364 | +8.48 | $355 |
| Gross Loans ($M) | ▲ | $307 | +3.66 | $304 |
| Loan Growth YoY (%) | ▼ | 135.32% | -3.39 | 138.71% |
| Total Deposits ($M) | ▲ | $226 | +8.16 | $217 |
| Shareholders Equity ($M) | ▲ | $114 | +11.87 | $102 |
| Tang. Book Value ($M) | ▲ | $114 | +11.87 | $102 |
| TBV excl. AOCI ($M)** | ▲ | $116 | +11.72 | $104 |
| Loan / Deposit Ratio (%) | ▼ | 135.32% | -3.39 | 138.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.85% | +0.26 | 0.58% |
| Allowance / Loans (%) | — | 0.67% | -0.01% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.31 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 4.40% | 4.43% | 4.84% | 4.95% | 5.06% | 5.10% | 5.21% | 5.19% |
| ▁▅▇▆▇▆██ | Return on Assets (%) | 2.65% | 3.07% | 3.22% | 3.19% | 3.27% | 3.12% | 3.36% | 3.38% |
| ██▄▄▃▃▁▁ | Efficiency Ratio (%) | 18.9% | 19.2% | 17.9% | 17.8% | 17.6% | 17.7% | 16.8% | 16.9% |
| █▆▄▄▄▁▁▁ | Cost of Funds (%) | 1.84% | 1.72% | 1.61% | 1.61% | 1.62% | 1.47% | 1.44% | 1.42% |
| ▁▁▃▆▆█▆█ | NPA / Assets (%) | 0.11% | 0.09% | 0.31% | 0.58% | 0.56% | 0.77% | 0.57% | 0.85% |
| ▁▁▃▆▆█▅█ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.31% | 0.63% | 0.61% | 0.88% | 0.59% | 0.95% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $93 | $97 | $99 | $102 | $105 | $108 | $111 | $114 |
| ▁▃▆▆▇██▆ | Gross Loans ($M) | $280 | $294 | $304 | $304 | $311 | $317 | $318 | $307 |
| ▁▅▂▂▃█▃▄ | Total Deposits ($M) | $208 | $234 | $216 | $217 | $223 | $250 | $224 | $226 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |