Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.32 | 0.76% |
| Return on Equity (%) | ▲ | 11.25% | +3.94 | 7.31% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.36 | 3.11% |
| Efficiency Ratio (%) | ▲ | 56.30% | -8.89 | 65.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.52 | $1 |
| Cost of Funds (%) | ▼ | 2.95% | +0.01 | 2.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $241 | +35.50 | $206 |
| Gross Loans ($M) | ▲ | $215 | +32.22 | $183 |
| Loan Growth YoY (%) | ▲ | 103.76% | +3.97 | 99.79% |
| Total Deposits ($M) | ▲ | $205 | +23.72 | $181 |
| Shareholders Equity ($M) | ▲ | $23 | +2.04 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +2.04 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 103.76% | +3.97 | 99.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.26 | 0.04% |
| Allowance / Loans (%) | — | 1.25% | 0.00% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.29 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.86% | -0.75 | 12.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆▆█ | Net Interest Margin (%) | 2.69% | 2.72% | 3.05% | 3.11% | 3.14% | 3.21% | 3.19% | 3.47% |
| ▁▁▃▄▄▄▅█ | Return on Assets (%) | 0.56% | 0.57% | 0.74% | 0.76% | 0.76% | 0.76% | 0.83% | 1.08% |
| ██▅▅▄▄▃▁ | Efficiency Ratio (%) | 73.4% | 72.3% | 66.0% | 65.2% | 63.2% | 64.1% | 60.7% | 56.3% |
| █▇▁▂▁▃▁▃ | Cost of Funds (%) | 3.29% | 3.23% | 2.85% | 2.94% | 2.88% | 2.98% | 2.83% | 2.95% |
| ▆▁▅▁▁▅▅█ | NPA / Assets (%) | 0.21% | 0.05% | 0.18% | 0.04% | 0.03% | 0.17% | 0.18% | 0.30% |
| ▆▁▅▁▁▅▅█ | Net Charge-Off Ratio (%) | 0.25% | 0.06% | 0.20% | 0.05% | 0.04% | 0.19% | 0.20% | 0.33% |
| ▁▁▂▃▄▅▆█ | Tang. Book Value ($M) | $20 | $20 | $21 | $21 | $22 | $22 | $22 | $23 |
| ▁▂▂▃▆▆██ | Gross Loans ($M) | $167 | $174 | $176 | $183 | $197 | $203 | $214 | $215 |
| ▁▁▂▄▄▆▇█ | Total Deposits ($M) | $165 | $168 | $171 | $181 | $185 | $193 | $200 | $205 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 18% |