Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.73% | -0.31 | 1.04% |
| Return on Equity (%) | ▼ | 8.88% | -3.42 | 12.30% |
| Net Interest Margin (%) | ▼ | 3.44% | -0.55 | 3.98% |
| Efficiency Ratio (%) | ▼ | 74.82% | +4.13 | 70.69% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▼ | 2.28% | +0.41 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $148 | +31.86 | $116 |
| Gross Loans ($M) | ▲ | $99 | +20.74 | $78 |
| Loan Growth YoY (%) | ▼ | 78.61% | -2.38 | 81.00% |
| Total Deposits ($M) | ▲ | $124 | +28.96 | $95 |
| Shareholders Equity ($M) | ▲ | $12 | +2.45 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +2.45 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +3.07 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 78.61% | -2.38 | 81.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.02 | 0.06% |
| Allowance / Loans (%) | — | 1.05% | 0.02% | 1.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.03 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.46 | 12.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆██▇▆▁▁ | Net Interest Margin (%) | 3.74% | 3.81% | 4.00% | 3.98% | 3.88% | 3.86% | 3.44% | 3.44% |
| ▄▅█▇▅▆▁▂ | Return on Assets (%) | 0.87% | 0.92% | 1.11% | 1.04% | 0.90% | 0.96% | 0.67% | 0.73% |
| █▇▁▂▁▅█▆ | Efficiency Ratio (%) | 76.6% | 75.2% | 69.5% | 70.7% | 70.2% | 73.3% | 76.7% | 74.8% |
| ▂▂▁▃▆█▆█ | Cost of Funds (%) | 1.82% | 1.78% | 1.71% | 1.87% | 2.10% | 2.26% | 2.11% | 2.28% |
| ▄▄█▁▁▁▂▁ | NPA / Assets (%) | 0.22% | 0.21% | 0.43% | 0.06% | 0.05% | 0.05% | 0.11% | 0.04% |
| ▇▇█▁▁▁▃▁ | Net Charge-Off Ratio (%) | 0.30% | 0.29% | 0.37% | 0.08% | 0.08% | 0.07% | 0.17% | 0.06% |
| ▁▁▃▄▆▆▇█ | Tang. Book Value ($M) | $8 | $8 | $9 | $10 | $11 | $11 | $11 | $12 |
| ▁▁▃▄▅▇██ | Gross Loans ($M) | $63 | $66 | $76 | $78 | $82 | $90 | $95 | $99 |
| ▁▁▃▄▆▆██ | Total Deposits ($M) | $70 | $72 | $89 | $95 | $107 | $104 | $122 | $124 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 11% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 13% |