Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.03% | +0.42 | 1.61% |
| Return on Equity (%) | ▲ | 13.01% | +1.65 | 11.36% |
| Net Interest Margin (%) | ▲ | 4.22% | +0.37 | 3.85% |
| Efficiency Ratio (%) | ▲ | 52.91% | -5.85 | 58.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 1.41% | -0.02 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $275 | +3.67 | $271 |
| Gross Loans ($M) | ▲ | $228 | +11.64 | $216 |
| Loan Growth YoY (%) | ▲ | 105.70% | +7.27 | 98.43% |
| Total Deposits ($M) | ▼ | $211 | -3.86 | $215 |
| Shareholders Equity ($M) | ▲ | $44 | +3.62 | $40 |
| Tang. Book Value ($M) | ▲ | $39 | +3.62 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +3.37 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 105.70% | +7.27 | 98.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 1.94% | -0.06% | 2.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 3.29% | 3.35% | 3.71% | 3.85% | 3.93% | 3.96% | 4.14% | 4.22% |
| ▁▁▄▅▆▅██ | Return on Assets (%) | 0.95% | 1.03% | 1.47% | 1.61% | 1.67% | 1.56% | 2.05% | 2.03% |
| ██▄▃▂▄▁▁ | Efficiency Ratio (%) | 72.0% | 70.4% | 61.4% | 58.8% | 57.3% | 60.0% | 52.7% | 52.9% |
| ██▃▂▂▄▁▁ | Cost of Funds (%) | 1.58% | 1.58% | 1.45% | 1.43% | 1.44% | 1.48% | 1.41% | 1.41% |
| ▁▁▁▁▅▅█▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.01% | 0.03% | 0.01% |
| ▁▁▁▁▅▅█▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.03% | 0.02% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $33 | $33 | $34 | $35 | $37 | $38 | $38 | $39 |
| ▁▂▄▃▅▆██ | Gross Loans ($M) | $210 | $214 | $217 | $216 | $219 | $223 | $227 | $228 |
| ▂▂█▅▁▃█▃ | Total Deposits ($M) | $211 | $211 | $221 | $215 | $208 | $212 | $221 | $211 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 4% |
| Agricultural | 36% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 4% |