Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.21% | +0.04 | 2.17% |
| Return on Equity (%) | ▲ | 23.61% | +1.62 | 21.99% |
| Net Interest Margin (%) | ▲ | 5.11% | +0.05 | 5.07% |
| Efficiency Ratio (%) | ▼ | 49.50% | +1.43 | 48.06% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.43 | $3 |
| Cost of Funds (%) | ▲ | 1.48% | -0.29 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $543 | +119.86 | $423 |
| Gross Loans ($M) | ▲ | $391 | +59.30 | $332 |
| Loan Growth YoY (%) | ▼ | 78.51% | -8.23 | 86.74% |
| Total Deposits ($M) | ▲ | $490 | +113.56 | $376 |
| Shareholders Equity ($M) | ▲ | $49 | +6.96 | $42 |
| Tang. Book Value ($M) | ▲ | $49 | +6.96 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +9.93 | $44 |
| Loan / Deposit Ratio (%) | ▼ | 78.51% | -8.23 | 86.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.05 | 0.21% |
| Allowance / Loans (%) | — | 1.79% | 0.01% | 1.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.09 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▆▇█▆█ | Net Interest Margin (%) | 4.87% | 4.92% | 4.91% | 5.07% | 5.09% | 5.15% | 5.05% | 5.11% |
| ▃▃▁▅▅▄█▅ | Return on Assets (%) | 1.97% | 2.00% | 1.72% | 2.17% | 2.18% | 2.12% | 2.60% | 2.21% |
| ██▅▁▂▅▂▂ | Efficiency Ratio (%) | 55.9% | 55.4% | 52.4% | 48.1% | 49.2% | 52.1% | 49.9% | 49.5% |
| ██▅▆▅▄▂▁ | Cost of Funds (%) | 1.91% | 1.87% | 1.72% | 1.77% | 1.70% | 1.67% | 1.56% | 1.48% |
| ▂██▃▆▁▂▄ | NPA / Assets (%) | 0.19% | 0.38% | 0.41% | 0.21% | 0.33% | 0.13% | 0.17% | 0.26% |
| ▂▇█▃▆▁▂▅ | Net Charge-Off Ratio (%) | 0.23% | 0.48% | 0.53% | 0.27% | 0.41% | 0.17% | 0.24% | 0.37% |
| ▁▂▁▃▅▇▇█ | Tang. Book Value ($M) | $39 | $41 | $40 | $42 | $45 | $48 | $47 | $49 |
| ▁▁▂▂▄▆▆█ | Gross Loans ($M) | $314 | $318 | $326 | $332 | $351 | $366 | $369 | $391 |
| ▁▁▂▂▃▅▇█ | Total Deposits ($M) | $345 | $359 | $373 | $376 | $392 | $426 | $460 | $490 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 22% |
| Agricultural | 8% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |