Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.02 | 0.99% |
| Return on Equity (%) | ▼ | 8.71% | -0.18 | 8.89% |
| Net Interest Margin (%) | ▲ | 3.03% | +0.11 | 2.92% |
| Efficiency Ratio (%) | ▲ | 49.93% | -4.04 | 53.97% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▼ | 2.05% | +0.01 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $487 | +39.17 | $448 |
| Gross Loans ($M) | ▲ | $338 | +29.56 | $309 |
| Loan Growth YoY (%) | ▼ | 86.15% | -1.05 | 87.20% |
| Total Deposits ($M) | ▲ | $388 | +37.95 | $350 |
| Shareholders Equity ($M) | ▲ | $56 | +5.05 | $51 |
| Tang. Book Value ($M) | ▲ | $56 | +5.05 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +4.94 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 86.15% | -1.05 | 87.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.30 | 0.09% |
| Allowance / Loans (%) | — | 1.15% | 0.07% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.56% | +0.43 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇▇█ | Net Interest Margin (%) | 2.62% | 2.67% | 2.85% | 2.92% | 2.95% | 2.97% | 2.96% | 3.03% |
| ▁▂▄▆▆▆█▆ | Return on Assets (%) | 0.73% | 0.81% | 0.91% | 0.99% | 0.99% | 1.01% | 1.11% | 1.01% |
| █▆▃▃▃▃▁▁ | Efficiency Ratio (%) | 64.9% | 60.7% | 54.2% | 54.0% | 53.7% | 53.7% | 50.3% | 49.9% |
| ▂▂▁▇▁▄▃█ | Cost of Funds (%) | 2.02% | 2.03% | 2.02% | 2.04% | 2.02% | 2.03% | 2.03% | 2.05% |
| ▁▁▁▂▂▁▆█ | NPA / Assets (%) | 0.06% | 0.04% | 0.05% | 0.09% | 0.10% | 0.08% | 0.30% | 0.39% |
| ▁▁▁▂▂▁▆█ | Net Charge-Off Ratio (%) | 0.09% | 0.06% | 0.07% | 0.13% | 0.14% | 0.11% | 0.43% | 0.56% |
| ▃▁▃▄▇███ | Tang. Book Value ($M) | $50 | $47 | $50 | $51 | $54 | $56 | $56 | $56 |
| ▁▃▃▄▅▇██ | Gross Loans ($M) | $285 | $300 | $305 | $309 | $317 | $331 | $334 | $338 |
| ▁▂▃▃▄▇██ | Total Deposits ($M) | $328 | $342 | $345 | $350 | $357 | $376 | $383 | $388 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |