Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.63% | -0.15 | 1.79% |
| Return on Equity (%) | ▼ | 12.01% | -0.98 | 12.99% |
| Net Interest Margin (%) | ▼ | 3.58% | -0.07 | 3.65% |
| Efficiency Ratio (%) | ▼ | 49.36% | +3.72 | 45.64% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.64% | -0.14 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $147 | +8.92 | $139 |
| Gross Loans ($M) | ▲ | $78 | +4.98 | $73 |
| Loan Growth YoY (%) | ▲ | 61.38% | +0.15 | 61.23% |
| Total Deposits ($M) | ▲ | $126 | +7.84 | $118 |
| Shareholders Equity ($M) | ▲ | $20 | +1.22 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.22 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +1.53 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 61.38% | +0.15 | 61.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.22% | -0.10% | 1.32% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.95% | -0.30 | 24.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂████▆▇ | Net Interest Margin (%) | 3.20% | 3.27% | 3.65% | 3.65% | 3.66% | 3.62% | 3.52% | 3.58% |
| ██▃▇█▆▁▁ | Return on Assets (%) | 1.82% | 1.82% | 1.68% | 1.79% | 1.83% | 1.77% | 1.61% | 1.63% |
| ▇█▇▃▁▃██ | Efficiency Ratio (%) | 48.4% | 49.3% | 48.7% | 45.6% | 44.1% | 45.6% | 49.6% | 49.4% |
| ██▄▅▅▂▁▁ | Cost of Funds (%) | 1.92% | 1.90% | 1.75% | 1.78% | 1.78% | 1.66% | 1.60% | 1.64% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▅▆█▇█ | Tang. Book Value ($M) | $18 | $18 | $18 | $19 | $19 | $20 | $20 | $20 |
| ▆▅▃▂▁▃▄█ | Gross Loans ($M) | $76 | $75 | $74 | $73 | $72 | $74 | $75 | $78 |
| ▂▁▃▃▃▆█▆ | Total Deposits ($M) | $116 | $111 | $118 | $118 | $118 | $125 | $131 | $126 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 8% |
| Agricultural | 32% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |