Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.00% | -0.30 | 1.29% |
| Return on Equity (%) | ▼ | 8.24% | -1.13 | 9.37% |
| Net Interest Margin (%) | ▼ | 5.41% | -0.24 | 5.65% |
| Efficiency Ratio (%) | ▼ | 71.53% | +3.45 | 68.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 2.20% | -0.02 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +29.05 | $147 |
| Gross Loans ($M) | ▲ | $125 | +16.91 | $109 |
| Loan Growth YoY (%) | ▼ | 81.06% | -4.03 | 85.09% |
| Total Deposits ($M) | ▲ | $153 | +26.86 | $126 |
| Shareholders Equity ($M) | ▲ | $21 | +1.37 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +1.37 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 81.06% | -4.03 | 85.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +1.22 | 0.30% |
| Allowance / Loans (%) | — | 1.35% | -0.02% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 1.75% | +1.52 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█▇▇▇▄▅ | Net Interest Margin (%) | 4.95% | 5.11% | 5.78% | 5.65% | 5.62% | 5.60% | 5.32% | 5.41% |
| ▇▇█▇▆▅▁▃ | Return on Assets (%) | 1.26% | 1.28% | 1.39% | 1.29% | 1.25% | 1.18% | 0.85% | 1.00% |
| ▁▁▂▃▄▅█▆ | Efficiency Ratio (%) | 65.3% | 65.6% | 66.7% | 68.1% | 69.0% | 70.0% | 74.6% | 71.5% |
| █▅▁▃▃▂▁▃ | Cost of Funds (%) | 2.45% | 2.32% | 2.11% | 2.22% | 2.22% | 2.17% | 2.13% | 2.20% |
| ▁▁▁▁▁▇██ | NPA / Assets (%) | 0.34% | 0.30% | 0.30% | 0.30% | 0.39% | 1.46% | 1.68% | 1.52% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.24% | 0.22% | 0.20% | 0.23% | 0.39% | 1.89% | 1.85% | 1.75% |
| ▁▂▃▄▆▇▇█ | Tang. Book Value ($M) | $18 | $19 | $19 | $19 | $20 | $20 | $21 | $21 |
| ▁▂▄▄▆▇██ | Gross Loans ($M) | $91 | $99 | $107 | $109 | $116 | $121 | $128 | $125 |
| ▁▁▁▃▅▆▇█ | Total Deposits ($M) | $117 | $114 | $114 | $126 | $137 | $142 | $147 | $153 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |