Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.86% | -0.07 | 1.93% |
| Return on Equity (%) | ▼ | 18.99% | -2.16 | 21.15% |
| Net Interest Margin (%) | ▼ | 5.43% | -0.21 | 5.64% |
| Efficiency Ratio (%) | ▼ | 59.85% | +2.18 | 57.67% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.10 | $2 |
| Cost of Funds (%) | ▼ | 2.03% | +0.01 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $291 | +35.50 | $255 |
| Gross Loans ($M) | ▲ | $246 | +42.11 | $203 |
| Loan Growth YoY (%) | ▲ | 93.07% | +5.84 | 87.24% |
| Total Deposits ($M) | ▲ | $259 | +30.09 | $229 |
| Shareholders Equity ($M) | ▲ | $29 | +5.43 | $24 |
| Tang. Book Value ($M) | ▲ | $29 | +5.43 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 93.07% | +5.84 | 87.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.59 | 0.66% |
| Allowance / Loans (%) | — | 1.65% | 0.01% | 1.64% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.75 | 0.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.65% | +1.17 | 12.48% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▇█▇▂▂ | Net Interest Margin (%) | 5.34% | 5.44% | 5.40% | 5.64% | 5.74% | 5.67% | 5.43% | 5.43% |
| ▆▅▁▇██▅▆ | Return on Assets (%) | 1.84% | 1.78% | 1.56% | 1.93% | 1.99% | 1.95% | 1.78% | 1.86% |
| ▄▄█▂▁▁▄▅ | Efficiency Ratio (%) | 59.0% | 59.5% | 62.1% | 57.7% | 57.0% | 57.2% | 59.4% | 59.8% |
| █▆▁▂▁▂▃▂ | Cost of Funds (%) | 2.37% | 2.26% | 1.95% | 2.02% | 1.95% | 2.01% | 2.06% | 2.03% |
| ████▆▆▁▁ | NPA / Assets (%) | 0.71% | 0.69% | 0.63% | 0.66% | 0.54% | 0.51% | 0.06% | 0.06% |
| ████▆▆▁▁ | Net Charge-Off Ratio (%) | 0.87% | 0.90% | 0.89% | 0.82% | 0.64% | 0.63% | 0.07% | 0.07% |
| ▁▁▃▄▅▆██ | Tang. Book Value ($M) | $20 | $21 | $23 | $24 | $25 | $26 | $29 | $29 |
| ▁▁▁▄▅▆▇█ | Gross Loans ($M) | $174 | $175 | $180 | $203 | $219 | $223 | $232 | $246 |
| ▁▂▅▅▅▇██ | Total Deposits ($M) | $188 | $206 | $230 | $229 | $231 | $247 | $266 | $259 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Agricultural | 1% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 19% |