Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.11 | 1.75% |
| Return on Equity (%) | ▼ | 17.85% | -0.57 | 18.42% |
| Net Interest Margin (%) | ▲ | 4.83% | +0.23 | 4.60% |
| Efficiency Ratio (%) | ▼ | 43.87% | +0.70 | 43.17% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.20 | $2 |
| Cost of Funds (%) | ▲ | 1.63% | -0.30 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $269 | +18.93 | $251 |
| Gross Loans ($M) | ▲ | $188 | +35.67 | $153 |
| Loan Growth YoY (%) | ▲ | 77.09% | +10.51 | 66.58% |
| Total Deposits ($M) | ▲ | $240 | +15.41 | $224 |
| Shareholders Equity ($M) | ▲ | $28 | +4.31 | $23 |
| Tang. Book Value ($M) | ▲ | $28 | +4.31 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 77.09% | +10.51 | 66.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.45 | 0.28% |
| Allowance / Loans (%) | — | 1.87% | -0.30% | 2.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.05% | +0.59 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 4.51% | 4.48% | 4.56% | 4.60% | 4.63% | 4.67% | 4.79% | 4.83% |
| ▂▁▄▆▆▆▇█ | Return on Assets (%) | 1.62% | 1.55% | 1.68% | 1.75% | 1.77% | 1.77% | 1.80% | 1.85% |
| ▅█▄▁▁▁▄▂ | Efficiency Ratio (%) | 45.8% | 47.8% | 44.7% | 43.2% | 42.9% | 43.4% | 44.9% | 43.9% |
| █▆▄▄▅▃▁▁ | Cost of Funds (%) | 2.36% | 2.12% | 1.99% | 1.92% | 2.00% | 1.83% | 1.69% | 1.63% |
| ▁▁▁▁▁▃█▃ | NPA / Assets (%) | 0.49% | 0.40% | 0.31% | 0.28% | 0.28% | 0.89% | 1.97% | 0.73% |
| ▂▁▁▁▁▄█▃ | Net Charge-Off Ratio (%) | 0.80% | 0.61% | 0.45% | 0.46% | 0.44% | 1.33% | 2.78% | 1.05% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $21 | $21 | $22 | $23 | $25 | $25 | $27 | $28 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $125 | $134 | $145 | $153 | $160 | $166 | $176 | $188 |
| ▁▃▄▆▆▆▆█ | Total Deposits ($M) | $182 | $197 | $205 | $224 | $220 | $219 | $220 | $240 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 23% |