Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.22 | 1.31% |
| Return on Equity (%) | ▲ | 15.14% | +2.36 | 12.78% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.11 | 3.91% |
| Efficiency Ratio (%) | ▲ | 57.94% | -2.68 | 60.62% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 2.14% | -0.15 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $321 | +41.70 | $279 |
| Gross Loans ($M) | ▲ | $277 | +25.69 | $251 |
| Loan Growth YoY (%) | ▼ | 100.77% | -4.17 | 104.94% |
| Total Deposits ($M) | ▲ | $272 | +35.04 | $237 |
| Shareholders Equity ($M) | ▲ | $32 | +3.13 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +3.13 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.58 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 100.77% | -4.17 | 104.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.77% | +0.62 | 2.15% |
| Allowance / Loans (%) | — | 1.23% | -0.03% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 3.21% | +0.82 | 2.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇▇██ | Net Interest Margin (%) | 3.74% | 3.74% | 3.78% | 3.91% | 3.97% | 3.98% | 4.01% | 4.02% |
| ▃▂▂▄▄▁██ | Return on Assets (%) | 1.30% | 1.25% | 1.22% | 1.31% | 1.34% | 1.17% | 1.52% | 1.53% |
| ███▅▄▅▂▁ | Efficiency Ratio (%) | 61.9% | 62.2% | 62.3% | 60.6% | 60.0% | 60.3% | 58.6% | 57.9% |
| █▆▆▆▅▃▁▂ | Cost of Funds (%) | 2.38% | 2.28% | 2.29% | 2.29% | 2.23% | 2.17% | 2.07% | 2.14% |
| ▁▁▃▅▂▅▆█ | NPA / Assets (%) | 1.47% | 1.32% | 1.73% | 2.15% | 1.64% | 2.08% | 2.23% | 2.77% |
| ▁▁▃▅▂▅▅█ | Net Charge-Off Ratio (%) | 1.66% | 1.46% | 1.92% | 2.39% | 1.84% | 2.36% | 2.55% | 3.21% |
| ▁▁▃▃▅▆▇█ | Tang. Book Value ($M) | $27 | $28 | $29 | $29 | $30 | $31 | $32 | $32 |
| ▁▂▃▂▅▆██ | Gross Loans ($M) | $243 | $248 | $254 | $251 | $263 | $265 | $276 | $277 |
| ▁▂▂▃▄▅▇█ | Total Deposits ($M) | $223 | $233 | $230 | $237 | $244 | $253 | $262 | $272 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 11% |
| Agricultural | 34% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |