Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.24% | -0.00 | 1.24% |
| Return on Equity (%) | ▼ | 9.65% | -0.46 | 10.11% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.16 | 3.43% |
| Efficiency Ratio (%) | ▼ | 55.32% | +1.67 | 53.65% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.68% | -0.05 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $264 | +5.25 | $259 |
| Gross Loans ($M) | ▼ | $158 | -2.62 | $160 |
| Loan Growth YoY (%) | ▼ | 80.89% | -2.06 | 82.95% |
| Total Deposits ($M) | ▲ | $192 | +1.51 | $191 |
| Shareholders Equity ($M) | ▲ | $33 | +0.75 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +0.75 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +0.93 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 80.89% | -2.06 | 82.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.48% | 0.08% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇█▇█ | Net Interest Margin (%) | 3.25% | 3.28% | 3.27% | 3.43% | 3.52% | 3.59% | 3.53% | 3.59% |
| ▁▁▂▅▇█▄▅ | Return on Assets (%) | 1.10% | 1.09% | 1.14% | 1.24% | 1.29% | 1.35% | 1.21% | 1.24% |
| ██▅▃▂▁▆▅ | Efficiency Ratio (%) | 57.3% | 58.0% | 55.5% | 53.6% | 53.0% | 51.9% | 56.1% | 55.3% |
| ██▃▃▆▅▂▁ | Cost of Funds (%) | 1.84% | 1.85% | 1.74% | 1.74% | 1.81% | 1.77% | 1.72% | 1.68% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.36% | 0.01% | 0.04% | 0.01% | 0.03% | 0.03% | 0.03% | 0.02% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.58% | 0.01% | 0.07% | 0.01% | 0.04% | 0.04% | 0.05% | 0.02% |
| ▁▁▂▄▆██▆ | Tang. Book Value ($M) | $30 | $31 | $31 | $32 | $33 | $34 | $35 | $33 |
| ▁▁▁▇██▄▅ | Gross Loans ($M) | $153 | $152 | $153 | $160 | $163 | $162 | $157 | $158 |
| ▁▄▄▇████ | Total Deposits ($M) | $180 | $184 | $185 | $191 | $191 | $192 | $192 | $192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |