Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.88% | -0.04 | 0.92% |
| Return on Equity (%) | ▼ | 10.82% | -2.78 | 13.60% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.07 | 3.40% |
| Efficiency Ratio (%) | ▼ | 73.70% | +2.75 | 70.95% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.73% | -0.12 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $359 | +12.81 | $346 |
| Gross Loans ($M) | ▲ | $214 | +5.44 | $209 |
| Loan Growth YoY (%) | ▲ | 64.63% | +0.13 | 64.49% |
| Total Deposits ($M) | ▲ | $327 | +7.84 | $319 |
| Shareholders Equity ($M) | ▲ | $29 | +5.21 | $24 |
| Tang. Book Value ($M) | ▲ | $29 | +5.21 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +5.54 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 64.63% | +0.13 | 64.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.76% | +1.23 | 0.53% |
| Allowance / Loans (%) | — | 1.46% | -0.06% | 1.52% |
| Net Charge-Off Ratio (%) | ▼ | 2.95% | +2.16 | 0.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆██▇█ | Net Interest Margin (%) | 3.22% | 3.25% | 3.32% | 3.40% | 3.45% | 3.47% | 3.44% | 3.47% |
| ▂▁▃▂██▄▁ | Return on Assets (%) | 0.91% | 0.87% | 0.95% | 0.92% | 1.06% | 1.07% | 0.95% | 0.88% |
| ▆▇▇▅▁▁██ | Efficiency Ratio (%) | 72.0% | 72.8% | 72.7% | 71.0% | 68.1% | 68.5% | 73.6% | 73.7% |
| ▇█▄▄▅▄▁▁ | Cost of Funds (%) | 1.94% | 1.98% | 1.84% | 1.85% | 1.86% | 1.83% | 1.75% | 1.73% |
| ▁▄▂▃▃███ | NPA / Assets (%) | 0.07% | 0.76% | 0.45% | 0.53% | 0.61% | 1.81% | 1.76% | 1.76% |
| ▁▄▂▂▃███ | Net Charge-Off Ratio (%) | 0.12% | 1.27% | 0.77% | 0.79% | 0.94% | 2.93% | 2.83% | 2.95% |
| ▃▁▂▂▆█▇█ | Tang. Book Value ($M) | $25 | $22 | $23 | $24 | $27 | $29 | $28 | $29 |
| ▂▂▁▄▄▇▇█ | Gross Loans ($M) | $205 | $206 | $204 | $209 | $208 | $212 | $212 | $214 |
| ▂▂▅▁▃▄▃█ | Total Deposits ($M) | $321 | $320 | $323 | $319 | $321 | $322 | $321 | $327 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 15% |
| Agricultural | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 90% |
| Brokered / Other | 5% |