Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.34% | +0.23 | 2.12% |
| Return on Equity (%) | ▲ | 22.01% | +1.35 | 20.66% |
| Net Interest Margin (%) | ▲ | 5.51% | +0.34 | 5.17% |
| Efficiency Ratio (%) | ▲ | 44.56% | -4.55 | 49.11% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.67 | $3 |
| Cost of Funds (%) | ▲ | 1.68% | -0.21 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $481 | +50.92 | $430 |
| Gross Loans ($M) | ▲ | $433 | +58.65 | $375 |
| Loan Growth YoY (%) | ▲ | 101.74% | +4.54 | 97.19% |
| Total Deposits ($M) | ▲ | $421 | +40.44 | $380 |
| Shareholders Equity ($M) | ▲ | $52 | +7.87 | $45 |
| Tang. Book Value ($M) | ▲ | $52 | +7.87 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +7.69 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 101.74% | +4.54 | 97.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.18 | 0.16% |
| Allowance / Loans (%) | — | 1.19% | -0.13% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.19 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆██ | Net Interest Margin (%) | 4.95% | 4.96% | 5.00% | 5.17% | 5.25% | 5.31% | 5.46% | 5.51% |
| █▆▁▁▂▄▆▆ | Return on Assets (%) | 2.47% | 2.36% | 2.09% | 2.12% | 2.17% | 2.24% | 2.33% | 2.34% |
| █▇█▆▅▄▁▁ | Efficiency Ratio (%) | 51.3% | 50.3% | 51.3% | 49.1% | 48.0% | 47.0% | 44.3% | 44.6% |
| ███▆▄▃▂▁ | Cost of Funds (%) | 2.01% | 1.99% | 1.97% | 1.89% | 1.83% | 1.77% | 1.75% | 1.68% |
| █▃▁▂▁▂▃▄ | NPA / Assets (%) | 0.61% | 0.24% | 0.13% | 0.16% | 0.10% | 0.19% | 0.23% | 0.34% |
| █▃▁▂▁▂▂▄ | Net Charge-Off Ratio (%) | 0.71% | 0.28% | 0.15% | 0.19% | 0.11% | 0.22% | 0.26% | 0.38% |
| ▁▁▃▃▅▆▇█ | Tang. Book Value ($M) | $40 | $42 | $44 | $45 | $47 | $48 | $50 | $52 |
| ▁▂▃▃▄▆▇█ | Gross Loans ($M) | $345 | $359 | $368 | $375 | $386 | $407 | $414 | $433 |
| ▁▃▄▅▅▇██ | Total Deposits ($M) | $332 | $365 | $372 | $380 | $386 | $408 | $417 | $421 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 4% |
| Agricultural | 12% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 5% |