Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.31% | +0.18 | 1.13% |
| Return on Equity (%) | ▲ | 15.60% | +1.28 | 14.32% |
| Net Interest Margin (%) | ▲ | 4.53% | +0.48 | 4.05% |
| Efficiency Ratio (%) | ▲ | 67.89% | -1.32 | 69.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 1.11% | -0.35 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $386 | +18.44 | $367 |
| Gross Loans ($M) | ▼ | $225 | -7.02 | $232 |
| Loan Growth YoY (%) | ▼ | 63.36% | -5.13 | 68.49% |
| Total Deposits ($M) | ▲ | $350 | +16.02 | $334 |
| Shareholders Equity ($M) | ▲ | $33 | +2.47 | $31 |
| Tang. Book Value ($M) | ▲ | $31 | +2.65 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.78 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 63.36% | -5.13 | 68.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.62 | 0.73% |
| Allowance / Loans (%) | — | 1.18% | 0.03% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.96 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▆██ | Net Interest Margin (%) | 3.52% | 3.65% | 3.94% | 4.05% | 4.22% | 4.27% | 4.48% | 4.53% |
| ▅▅▇▇▇▁██ | Return on Assets (%) | 0.82% | 0.88% | 1.12% | 1.13% | 1.14% | 0.20% | 1.27% | 1.31% |
| █▆▃▂▃▁▁▁ | Efficiency Ratio (%) | 74.3% | 72.6% | 69.6% | 69.2% | 70.0% | 68.2% | 68.6% | 67.9% |
| ██▆▄▂▂▁▁ | Cost of Funds (%) | 1.88% | 1.87% | 1.67% | 1.46% | 1.28% | 1.26% | 1.18% | 1.11% |
| ▁▁▁███▁▂ | NPA / Assets (%) | 0.00% | 0.02% | 0.06% | 0.73% | 0.69% | 0.64% | 0.04% | 0.11% |
| ▁▁▁███▁▂ | Net Charge-Off Ratio (%) | 0.00% | 0.04% | 0.10% | 1.15% | 1.14% | 1.10% | 0.07% | 0.19% |
| ▃▁▂▅█▆▇█ | Tang. Book Value ($M) | $26 | $25 | $26 | $28 | $30 | $28 | $29 | $31 |
| ▁▃▄█▇▆▇▆ | Gross Loans ($M) | $205 | $212 | $217 | $232 | $225 | $223 | $227 | $225 |
| ▁▂▂▇▇███ | Total Deposits ($M) | $268 | $283 | $286 | $334 | $338 | $350 | $348 | $350 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 16% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 10% |