Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.61 | 1.24% |
| Return on Equity (%) | ▲ | 17.48% | +4.98 | 12.50% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.56 | 3.17% |
| Efficiency Ratio (%) | ▲ | 48.59% | -11.38 | 59.98% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.10 | $2 |
| Cost of Funds (%) | ▲ | 2.26% | -0.41 | 2.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $533 | +4.47 | $529 |
| Gross Loans ($M) | ▲ | $485 | +16.43 | $469 |
| Loan Growth YoY (%) | ▲ | 107.72% | +0.42 | 107.30% |
| Total Deposits ($M) | ▲ | $445 | +13.25 | $432 |
| Shareholders Equity ($M) | ▲ | $58 | +4.46 | $54 |
| Tang. Book Value ($M) | ▲ | $56 | +4.49 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 107.72% | +0.42 | 107.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.08 | 0.09% |
| Allowance / Loans (%) | — | 1.17% | 0.03% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.09 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.95% | +0.65 | 11.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 2.86% | 2.88% | 3.06% | 3.17% | 3.27% | 3.30% | 3.57% | 3.73% |
| ▁▁▃▃▄▅▇█ | Return on Assets (%) | 1.00% | 0.95% | 1.20% | 1.24% | 1.37% | 1.49% | 1.68% | 1.85% |
| ▇█▅▅▄▃▁▁ | Efficiency Ratio (%) | 66.1% | 69.0% | 59.7% | 60.0% | 57.6% | 55.3% | 50.5% | 48.6% |
| █▇▅▆▄▂▁▁ | Cost of Funds (%) | 2.85% | 2.76% | 2.58% | 2.67% | 2.48% | 2.38% | 2.25% | 2.26% |
| █▇█▅▅▅▁▁ | NPA / Assets (%) | 0.14% | 0.12% | 0.14% | 0.09% | 0.09% | 0.09% | 0.01% | 0.00% |
| █▇█▅▅▅▁▁ | Net Charge-Off Ratio (%) | 0.17% | 0.14% | 0.16% | 0.10% | 0.10% | 0.10% | 0.01% | 0.00% |
| ▁▂▃▃▄█▇█ | Tang. Book Value ($M) | $50 | $51 | $52 | $52 | $53 | $56 | $55 | $56 |
| ▁▁▃▁▃█▇▅ | Gross Loans ($M) | $465 | $466 | $477 | $469 | $476 | $501 | $494 | $485 |
| ▁▂▅▄▆█▅▆ | Total Deposits ($M) | $411 | $420 | $438 | $432 | $445 | $456 | $437 | $445 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 9% |
| Agricultural | 29% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 18% |