Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.11% | -0.09 | 1.19% |
| Return on Equity (%) | ▼ | 9.94% | -1.25 | 11.19% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.23 | 3.06% |
| Efficiency Ratio (%) | ▼ | 58.35% | +5.95 | 52.40% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.52 | $2 |
| Cost of Funds (%) | ▲ | 1.98% | -0.13 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +13.73 | $382 |
| Gross Loans ($M) | ▲ | $181 | +9.25 | $171 |
| Loan Growth YoY (%) | ▲ | 53.10% | +1.00 | 52.10% |
| Total Deposits ($M) | ▲ | $336 | +11.02 | $325 |
| Shareholders Equity ($M) | ▲ | $45 | +2.63 | $43 |
| Tang. Book Value ($M) | ▲ | $45 | +2.63 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +3.00 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 53.10% | +1.00 | 52.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.01 | 0.03% |
| Allowance / Loans (%) | — | 1.14% | 0.03% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.08% | +0.01 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 2.92% | 2.94% | 2.98% | 3.06% | 3.14% | 3.18% | 3.22% | 3.29% |
| ▁▁▃██▆█▆ | Return on Assets (%) | 0.84% | 0.85% | 0.93% | 1.19% | 1.17% | 1.07% | 1.21% | 1.11% |
| ▇█▄▁▁▄▄▄ | Efficiency Ratio (%) | 61.8% | 64.6% | 57.5% | 52.4% | 52.8% | 58.2% | 58.2% | 58.4% |
| █▆▄▄▅▃▁▁ | Cost of Funds (%) | 2.32% | 2.21% | 2.10% | 2.11% | 2.17% | 2.08% | 1.94% | 1.98% |
| ▁▂█▁▁▁▁▁ | NPA / Assets (%) | 0.04% | 0.06% | 0.16% | 0.03% | 0.03% | 0.03% | 0.03% | 0.04% |
| ▂▂█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.10% | 0.12% | 0.36% | 0.07% | 0.07% | 0.06% | 0.07% | 0.08% |
| ▃▁▃▆▅▇▇█ | Tang. Book Value ($M) | $40 | $38 | $40 | $43 | $42 | $44 | $44 | $45 |
| ▁▃▅▆▆▇██ | Gross Loans ($M) | $154 | $162 | $168 | $171 | $172 | $176 | $179 | $181 |
| ▁▃▃▃▅▇█▆ | Total Deposits ($M) | $314 | $326 | $322 | $325 | $331 | $338 | $345 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 18% |