Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.86% | -0.22 | 2.08% |
| Return on Equity (%) | ▼ | 8.22% | -3.84 | 12.06% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.00 | 4.24% |
| Efficiency Ratio (%) | ▼ | 52.51% | +3.22 | 49.29% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.00 | $1 |
| Cost of Funds (%) | ▼ | 1.82% | +0.03 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $213 | +27.58 | $186 |
| Gross Loans ($M) | ▲ | $155 | +29.25 | $126 |
| Loan Growth YoY (%) | ▲ | 95.68% | +15.29 | 80.39% |
| Total Deposits ($M) | ▲ | $160 | +5.98 | $154 |
| Shareholders Equity ($M) | ▲ | $47 | +16.37 | $30 |
| Tang. Book Value ($M) | ▲ | $47 | +16.37 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +16.57 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 95.68% | +15.29 | 80.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -1.18 | 1.18% |
| Allowance / Loans (%) | — | 1.71% | -0.37% | 2.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.73 | 1.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▁▆█▂▁ | Net Interest Margin (%) | 4.20% | 4.29% | 4.30% | 4.24% | 4.42% | 4.54% | 4.27% | 4.24% |
| █▁█▄▆▃▆▁ | Return on Assets (%) | 2.33% | 1.87% | 2.38% | 2.08% | 2.19% | 1.99% | 2.19% | 1.86% |
| ▂█▁▃▁▅▁▇ | Efficiency Ratio (%) | 48.8% | 53.6% | 47.8% | 49.3% | 47.4% | 50.9% | 48.0% | 52.5% |
| ▇█▃▂▃▃▁▃ | Cost of Funds (%) | 2.15% | 2.31% | 1.81% | 1.79% | 1.85% | 1.84% | 1.63% | 1.82% |
| ▁▄▂█▆▃▅▁ | NPA / Assets (%) | 0.00% | 0.57% | 0.19% | 1.18% | 0.79% | 0.39% | 0.60% | 0.00% |
| ▁▄▂█▅▃▅▁ | Net Charge-Off Ratio (%) | 0.00% | 0.81% | 0.28% | 1.73% | 1.08% | 0.55% | 0.92% | 0.00% |
| ▁▁▁▁████ | Tang. Book Value ($M) | $30 | $29 | $30 | $30 | $46 | $45 | $47 | $47 |
| ▃▁▁▃▆▅▅█ | Gross Loans ($M) | $126 | $115 | $115 | $126 | $144 | $137 | $136 | $155 |
| ▁▂▄▇▄▆██ | Total Deposits ($M) | $118 | $128 | $139 | $154 | $135 | $148 | $157 | $160 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 9% |
| Agricultural | 46% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 26% |