Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.18 | 0.81% |
| Return on Equity (%) | ▲ | 10.13% | +0.83 | 9.30% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.18 | 3.50% |
| Efficiency Ratio (%) | ▲ | 60.88% | -7.25 | 68.13% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 2.40% | -0.35 | 2.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $342 | +59.30 | $283 |
| Gross Loans ($M) | ▲ | $258 | +53.34 | $205 |
| Loan Growth YoY (%) | ▲ | 84.81% | +1.54 | 83.27% |
| Total Deposits ($M) | ▲ | $300 | +58.29 | $242 |
| Shareholders Equity ($M) | ▲ | $34 | +8.44 | $25 |
| Tang. Book Value ($M) | ▲ | $30 | +6.34 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +6.45 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 84.81% | +1.54 | 83.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.30 | 0.00% |
| Allowance / Loans (%) | — | 1.30% | -0.25% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.40 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.15% | +0.17 | 10.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.27% | 3.28% | 3.40% | 3.50% | 3.57% | 3.54% | 3.61% | 3.68% |
| ▁▂▂▅▆▇▇█ | Return on Assets (%) | 0.60% | 0.66% | 0.69% | 0.81% | 0.86% | 0.94% | 0.93% | 0.99% |
| █▇▇▅▄▃▁▁ | Efficiency Ratio (%) | 75.0% | 73.1% | 71.5% | 68.1% | 66.9% | 65.1% | 62.0% | 60.9% |
| █▇▆▅▆▁▁▁ | Cost of Funds (%) | 2.98% | 2.86% | 2.82% | 2.76% | 2.81% | 2.41% | 2.42% | 2.40% |
| ▁▁▁▁▃▅▄█ | NPA / Assets (%) | 0.00% | 0.01% | 0.00% | 0.00% | 0.08% | 0.16% | 0.14% | 0.30% |
| ▁▁▁▁▃▅▄█ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.00% | 0.00% | 0.10% | 0.21% | 0.18% | 0.40% |
| ▁▁▁▃▃▇██ | Tang. Book Value ($M) | $22 | $22 | $22 | $24 | $24 | $29 | $29 | $30 |
| ▁▂▃▃▄█▇█ | Gross Loans ($M) | $179 | $192 | $200 | $205 | $218 | $255 | $246 | $258 |
| ▁▁▁▁▄███ | Total Deposits ($M) | $236 | $234 | $238 | $242 | $260 | $296 | $300 | $300 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 8% |
| Agricultural | 54% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 18% |