Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.57% | +0.49 | 2.07% |
| Return on Equity (%) | ▲ | 23.80% | +1.45 | 22.35% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.51 | 3.91% |
| Efficiency Ratio (%) | ▼ | 49.12% | +0.75 | 48.36% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.15 | $2 |
| Cost of Funds (%) | ▲ | 1.67% | -0.20 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $260 | +6.73 | $254 |
| Gross Loans ($M) | ▲ | $156 | +6.83 | $149 |
| Loan Growth YoY (%) | ▲ | 70.25% | +3.80 | 66.44% |
| Total Deposits ($M) | ▼ | $219 | -2.47 | $221 |
| Shareholders Equity ($M) | ▲ | $29 | +4.64 | $24 |
| Tang. Book Value ($M) | ▲ | $29 | +4.64 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +4.55 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 70.25% | +3.80 | 66.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.37% | +0.48 | 0.89% |
| Allowance / Loans (%) | — | 1.28% | 0.04% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 2.29% | +0.77 | 1.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▆██ | Net Interest Margin (%) | 3.32% | 3.47% | 3.80% | 3.91% | 4.03% | 4.05% | 4.40% | 4.43% |
| ▁▁▅▅▄▃██ | Return on Assets (%) | 1.40% | 1.42% | 2.12% | 2.07% | 2.02% | 1.84% | 2.68% | 2.57% |
| █▄█▂▁▁█▂ | Efficiency Ratio (%) | 53.9% | 50.6% | 54.0% | 48.4% | 47.5% | 47.5% | 54.2% | 49.1% |
| ██▅▄▅▃▁▁ | Cost of Funds (%) | 2.08% | 2.13% | 1.95% | 1.87% | 1.91% | 1.83% | 1.72% | 1.67% |
| ▇▃▁▄▄█▇█ | NPA / Assets (%) | 1.29% | 0.76% | 0.53% | 0.89% | 0.95% | 1.45% | 1.22% | 1.37% |
| █▃▁▄▄█▇█ | Net Charge-Off Ratio (%) | 2.37% | 1.33% | 0.95% | 1.52% | 1.59% | 2.34% | 2.08% | 2.29% |
| ▃▁▂▃▅▇▇█ | Tang. Book Value ($M) | $24 | $22 | $23 | $24 | $26 | $28 | $27 | $29 |
| ▁▃▂▅▆█▇▇ | Gross Loans ($M) | $136 | $144 | $142 | $149 | $151 | $158 | $155 | $156 |
| ▆▃▆▅▃▁█▄ | Total Deposits ($M) | $224 | $218 | $225 | $221 | $218 | $212 | $230 | $219 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 11% |
| Agricultural | 28% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 9% |