Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.41 | 1.30% |
| Return on Equity (%) | ▲ | 17.10% | +0.99 | 16.11% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.52 | 3.19% |
| Efficiency Ratio (%) | ▲ | 54.13% | -6.34 | 60.47% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.34 | $2 |
| Cost of Funds (%) | ▲ | 2.06% | -0.33 | 2.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $490 | +0.09 | $490 |
| Gross Loans ($M) | ▲ | $374 | +17.35 | $357 |
| Loan Growth YoY (%) | ▲ | 85.67% | +7.18 | 78.50% |
| Total Deposits ($M) | ▼ | $430 | -17.89 | $448 |
| Shareholders Equity ($M) | ▲ | $52 | +13.29 | $38 |
| Tang. Book Value ($M) | ▲ | $52 | +13.29 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +12.80 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 85.67% | +7.18 | 78.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.48% | 0.07% | 1.42% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆██ | Net Interest Margin (%) | 2.66% | 2.79% | 3.05% | 3.19% | 3.27% | 3.41% | 3.69% | 3.71% |
| ▁▁▃▅▅▅██ | Return on Assets (%) | 0.79% | 0.85% | 1.11% | 1.30% | 1.32% | 1.34% | 1.73% | 1.71% |
| ██▅▄▃▂▁▁ | Efficiency Ratio (%) | 71.6% | 69.7% | 64.0% | 60.5% | 59.6% | 57.2% | 53.7% | 54.1% |
| █▆▃▆▄▂▁▁ | Cost of Funds (%) | 2.58% | 2.42% | 2.22% | 2.39% | 2.28% | 2.17% | 2.05% | 2.06% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▃▁▁▄▆▇█ | Tang. Book Value ($M) | $45 | $42 | $39 | $38 | $44 | $47 | $49 | $52 |
| ▁▁▃▅▆█▇█ | Gross Loans ($M) | $339 | $343 | $348 | $357 | $362 | $373 | $368 | $374 |
| ▁▄█▆▅▅▅▄ | Total Deposits ($M) | $403 | $433 | $470 | $448 | $445 | $437 | $444 | $430 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 22% |