Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.10 | 1.75% |
| Return on Equity (%) | ▼ | 16.92% | -1.40 | 18.32% |
| Net Interest Margin (%) | ▼ | 4.43% | -0.03 | 4.45% |
| Efficiency Ratio (%) | ▲ | 48.10% | -1.27 | 49.37% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.15 | $2 |
| Cost of Funds (%) | ▼ | 1.82% | +0.06 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $359 | +18.43 | $341 |
| Gross Loans ($M) | ▲ | $290 | +12.90 | $277 |
| Loan Growth YoY (%) | ▲ | 92.91% | +0.09 | 92.82% |
| Total Deposits ($M) | ▲ | $307 | +13.18 | $294 |
| Shareholders Equity ($M) | ▲ | $41 | +7.16 | $33 |
| Tang. Book Value ($M) | ▲ | $41 | +7.16 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +7.43 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 92.91% | +0.09 | 92.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.84 | 0.00% |
| Allowance / Loans (%) | — | 1.59% | 0.07% | 1.52% |
| Net Charge-Off Ratio (%) | ▼ | 1.04% | +1.04 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.78 | 12.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆███▇█ | Net Interest Margin (%) | 4.10% | 4.16% | 4.33% | 4.45% | 4.45% | 4.44% | 4.38% | 4.43% |
| ▂▁▅▇▇▄▆█ | Return on Assets (%) | 1.48% | 1.42% | 1.64% | 1.75% | 1.74% | 1.63% | 1.73% | 1.85% |
| █▇▄▂▃▃▂▁ | Efficiency Ratio (%) | 53.9% | 52.7% | 50.9% | 49.4% | 49.6% | 49.8% | 49.3% | 48.1% |
| ▁█▁▁▆▄▂▄ | Cost of Funds (%) | 1.77% | 1.90% | 1.78% | 1.77% | 1.86% | 1.83% | 1.79% | 1.82% |
| ▁▁▁▁▂███ | NPA / Assets (%) | 0.02% | 0.02% | 0.00% | 0.00% | 0.13% | 0.85% | 0.85% | 0.84% |
| ▁▁▁▁▂███ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.00% | 0.00% | 0.16% | 1.05% | 1.04% | 1.04% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $30 | $30 | $32 | $33 | $36 | $38 | $39 | $41 |
| ▁▃▄▆▇███ | Gross Loans ($M) | $252 | $263 | $269 | $277 | $282 | $287 | $289 | $290 |
| ▁▁▃▅▆▇██ | Total Deposits ($M) | $280 | $278 | $285 | $294 | $298 | $303 | $305 | $307 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Agricultural | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 9% |