Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -3.84% | -6.30 | 2.46% |
| Return on Equity (%) | ▼ | -35.21% | -51.60 | 16.39% |
| Net Interest Margin (%) | ▼ | 2.53% | -0.31 | 2.84% |
| Efficiency Ratio (%) | ▼ | 107.44% | +12.11 | 95.33% |
| Pre-Provision Profit ($M) | ▼ | $-1 | -1.78 | $1 |
| Cost of Funds (%) | ▼ | 2.15% | +0.19 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $116 | +5.00 | $111 |
| Gross Loans ($M) | ▲ | $90 | +6.61 | $83 |
| Loan Growth YoY (%) | ▼ | 109.04% | -2.09 | 111.12% |
| Total Deposits ($M) | ▲ | $82 | +7.50 | $75 |
| Shareholders Equity ($M) | ▼ | $11 | -3.98 | $15 |
| Tang. Book Value ($M) | ▼ | $11 | -3.98 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 109.04% | -2.09 | 111.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.12% | +0.17 | 0.95% |
| Allowance / Loans (%) | — | 0.30% | -0.04% | 0.33% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +0.18 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($15.11M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆█▆▇▇▁▂ | Net Interest Margin (%) | 2.75% | 2.81% | 3.06% | 2.84% | 2.93% | 2.92% | 2.39% | 2.53% |
| ██▆▇▆▄▁▁ | Return on Assets (%) | 3.45% | 4.04% | 1.61% | 2.46% | 1.36% | -0.77% | -4.06% | -3.84% |
| ▁▁▃▃▄▆██ | Efficiency Ratio (%) | 92.0% | 90.5% | 97.1% | 95.3% | 97.7% | 102.1% | 108.5% | 107.4% |
| ▃▆▂▁▇█▅▃ | Cost of Funds (%) | 2.14% | 2.38% | 2.05% | 1.96% | 2.45% | 2.61% | 2.33% | 2.15% |
| ▁▁▃▅▅█▇█ | NPA / Assets (%) | 0.63% | 0.58% | 0.80% | 0.95% | 0.94% | 1.18% | 1.08% | 1.12% |
| ▂▁▄▅▇█▆▆ | Net Charge-Off Ratio (%) | 0.88% | 0.71% | 1.07% | 1.20% | 1.43% | 1.61% | 1.32% | 1.38% |
| ▄▅▇██▅▂▁ | Tang. Book Value ($M) | $13 | $14 | $14 | $15 | $15 | $14 | $12 | $11 |
| ▁▄▂▇▂▆██ | Gross Loans ($M) | $61 | $75 | $66 | $83 | $67 | $80 | $89 | $90 |
| ▁▁▃▅▇█▇▆ | Total Deposits ($M) | $54 | $55 | $68 | $75 | $86 | $94 | $87 | $82 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| Agricultural | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 87% |