Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.15% | -0.39 | 1.54% |
| Return on Equity (%) | ▼ | 9.75% | -3.91 | 13.66% |
| Net Interest Margin (%) | ▼ | 3.86% | -0.26 | 4.12% |
| Efficiency Ratio (%) | ▼ | 61.86% | +10.38 | 51.48% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.36 | $1 |
| Cost of Funds (%) | ▲ | 1.09% | -0.09 | 1.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $130 | +7.48 | $122 |
| Gross Loans ($M) | ▼ | $55 | -6.43 | $62 |
| Loan Growth YoY (%) | ▼ | 47.51% | -9.06 | 56.56% |
| Total Deposits ($M) | ▲ | $114 | +6.45 | $108 |
| Shareholders Equity ($M) | ▲ | $16 | +1.22 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.22 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.09 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 47.51% | -9.06 | 56.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 2.18% | 0.62% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.80% | +3.72 | 24.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃████▄▅ | Net Interest Margin (%) | 3.49% | 3.67% | 4.08% | 4.12% | 4.14% | 4.10% | 3.77% | 3.86% |
| ▁▁▂█▅▄▄▄ | Return on Assets (%) | 0.83% | 0.89% | 0.96% | 1.54% | 1.21% | 1.15% | 1.12% | 1.15% |
| ██▄▁▄▄▆▆ | Efficiency Ratio (%) | 66.4% | 66.3% | 57.6% | 51.5% | 57.5% | 58.8% | 61.6% | 61.9% |
| ▄▄▃▆█▃▁▂ | Cost of Funds (%) | 1.14% | 1.14% | 1.11% | 1.18% | 1.23% | 1.10% | 1.06% | 1.09% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.17% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.35% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.03% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $13 | $13 | $14 | $14 | $15 | $15 | $15 | $16 |
| ▆█▇██▅▁▃ | Gross Loans ($M) | $59 | $62 | $61 | $62 | $62 | $58 | $53 | $55 |
| ▁▃▆▃▁███ | Total Deposits ($M) | $105 | $107 | $112 | $108 | $104 | $114 | $115 | $114 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 7% |
| Agricultural | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 5% |