Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.29% | +0.28 | 0.01% |
| Return on Equity (%) | ▲ | 2.72% | +2.51 | 0.21% |
| Net Interest Margin (%) | ▲ | 2.70% | +1.30 | 1.40% |
| Efficiency Ratio (%) | ▲ | 91.51% | -1.84 | 93.35% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.18 | $0 |
| Cost of Funds (%) | ▲ | 2.47% | -0.28 | 2.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $222 | +13.90 | $208 |
| Gross Loans ($M) | ▼ | $76 | -0.39 | $77 |
| Loan Growth YoY (%) | ▲ | 41.79% | +3.01 | 38.78% |
| Total Deposits ($M) | ▼ | $179 | -16.11 | $195 |
| Shareholders Equity ($M) | ▲ | $41 | +30.00 | $11 |
| Tang. Book Value ($M) | ▲ | $32 | +20.95 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +18.96 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 41.79% | +3.01 | 38.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.08 | 0.29% |
| Allowance / Loans (%) | — | 1.88% | 0.63% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 0.59% | -0.19 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.08% | +1.17 | 23.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▂▁█ | Net Interest Margin (%) | 1.24% | 1.26% | 1.38% | 1.40% | 1.45% | 1.44% | 1.37% | 2.70% |
| ▄▃▃▁▃▃▁█ | Return on Assets (%) | 0.11% | 0.11% | 0.11% | 0.01% | 0.09% | 0.10% | 0.04% | 0.29% |
| ▃▃▃▃▁▁█▂ | Efficiency Ratio (%) | 93.0% | 93.6% | 94.1% | 93.3% | 89.9% | 90.6% | 101.2% | 91.5% |
| █▇▅▆▆▆▁▂ | Cost of Funds (%) | 2.93% | 2.85% | 2.66% | 2.76% | 2.73% | 2.72% | 2.37% | 2.47% |
| ▁▁▅▆█▄▃▃ | NPA / Assets (%) | 0.12% | 0.13% | 0.27% | 0.29% | 0.38% | 0.23% | 0.21% | 0.20% |
| ▁▁▅▅█▄▄▃ | Net Charge-Off Ratio (%) | 0.36% | 0.36% | 0.74% | 0.78% | 1.07% | 0.66% | 0.67% | 0.59% |
| ▁▁▁▁▂▂▂█ | Tang. Book Value ($M) | $12 | $9 | $11 | $11 | $13 | $13 | $13 | $32 |
| ▅▄█▇▅▂▁▇ | Gross Loans ($M) | $74 | $73 | $78 | $77 | $74 | $71 | $69 | $76 |
| █▆▆▅▅▃▇▁ | Total Deposits ($M) | $207 | $198 | $200 | $195 | $195 | $187 | $202 | $179 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 38% |