Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.89% | -0.79 | 1.68% |
| Return on Equity (%) | ▼ | 7.87% | -7.12 | 14.99% |
| Net Interest Margin (%) | ▼ | 3.44% | -0.38 | 3.82% |
| Efficiency Ratio (%) | ▼ | 66.49% | +12.40 | 54.09% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.23 | $1 |
| Cost of Funds (%) | ▼ | 1.76% | +0.12 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $138 | +1.18 | $136 |
| Gross Loans ($M) | ▼ | $93 | -8.10 | $101 |
| Loan Growth YoY (%) | ▼ | 87.11% | -5.12 | 92.23% |
| Total Deposits ($M) | ▼ | $105 | -2.20 | $108 |
| Shareholders Equity ($M) | ▲ | $15 | +0.16 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +0.16 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +0.62 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 87.11% | -5.12 | 92.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.38% | -1.65 | 2.03% |
| Allowance / Loans (%) | — | 1.35% | -0.55% | 1.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.50% | -2.24 | 2.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆███▇▁▁ | Net Interest Margin (%) | 3.70% | 3.70% | 3.84% | 3.82% | 3.84% | 3.76% | 3.43% | 3.44% |
| ████▇▆▂▁ | Return on Assets (%) | 1.68% | 1.71% | 1.66% | 1.68% | 1.60% | 1.45% | 1.02% | 0.89% |
| ▁▁▂▁▂▃▇█ | Efficiency Ratio (%) | 53.3% | 52.5% | 55.3% | 54.1% | 55.8% | 57.4% | 63.5% | 66.5% |
| ▁▁▃▃██▅▇ | Cost of Funds (%) | 1.57% | 1.57% | 1.64% | 1.64% | 1.82% | 1.80% | 1.72% | 1.76% |
| ▃██▇▃▇▅▁ | NPA / Assets (%) | 0.92% | 2.41% | 2.17% | 2.03% | 1.07% | 2.01% | 1.46% | 0.38% |
| ▃██▇▄▂▂▁ | Net Charge-Off Ratio (%) | 1.18% | 3.06% | 2.81% | 2.74% | 1.49% | 1.04% | 1.07% | 0.50% |
| ▃▁▃▅██▆▆ | Tang. Book Value ($M) | $15 | $14 | $15 | $15 | $16 | $16 | $15 | $15 |
| ▄█▇█▆▇▂▁ | Gross Loans ($M) | $97 | $101 | $100 | $101 | $99 | $100 | $95 | $93 |
| ▁▁▃▆▆▅█▄ | Total Deposits ($M) | $102 | $102 | $105 | $108 | $108 | $107 | $111 | $105 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 11% |
| Agricultural | 19% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 14% |