Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.81% | -0.58 | 2.38% |
| Return on Equity (%) | ▼ | 17.00% | -4.78 | 21.78% |
| Net Interest Margin (%) | ▼ | 4.67% | -0.42 | 5.09% |
| Efficiency Ratio (%) | ▼ | 51.38% | +6.23 | 45.15% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.08 | $2 |
| Cost of Funds (%) | ▼ | 2.08% | +0.05 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $444 | +95.51 | $348 |
| Gross Loans ($M) | ▲ | $303 | +63.61 | $239 |
| Loan Growth YoY (%) | ▼ | 75.23% | -1.10 | 76.33% |
| Total Deposits ($M) | ▲ | $397 | +88.01 | $308 |
| Shareholders Equity ($M) | ▲ | $45 | +8.55 | $36 |
| Tang. Book Value ($M) | ▲ | $39 | +8.65 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +9.24 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 75.23% | -1.10 | 76.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.93% | -0.24 | 2.17% |
| Allowance / Loans (%) | — | 1.45% | -0.05% | 1.50% |
| Net Charge-Off Ratio (%) | ▼ | 1.77% | +0.12 | 1.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇█▇▇▁▃ | Net Interest Margin (%) | 5.11% | 5.16% | 5.06% | 5.09% | 5.03% | 5.01% | 4.50% | 4.67% |
| ▅▆█▆▆▆▁▁ | Return on Assets (%) | 2.25% | 2.42% | 2.67% | 2.38% | 2.38% | 2.38% | 1.90% | 1.81% |
| ▁▁▄▃▄▄█▇ | Efficiency Ratio (%) | 42.0% | 40.8% | 46.5% | 45.1% | 46.6% | 46.5% | 54.0% | 51.4% |
| █▇▆▁▄▄▄▁ | Cost of Funds (%) | 2.45% | 2.35% | 2.30% | 2.03% | 2.20% | 2.22% | 2.23% | 2.08% |
| ▂▁▂█▆▁▇▇ | NPA / Assets (%) | 1.21% | 1.12% | 1.17% | 2.17% | 1.78% | 1.00% | 1.93% | 1.93% |
| ▁▁▁█▆▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.02% | 1.66% | 1.29% | 0.17% | 1.59% | 1.77% |
| ▁▁▂▂▅▆▇█ | Tang. Book Value ($M) | $28 | $29 | $30 | $30 | $34 | $36 | $38 | $39 |
| ▁▁▁▃▃▄▅█ | Gross Loans ($M) | $209 | $215 | $216 | $239 | $238 | $247 | $264 | $303 |
| ▁▁▁▃▄▅▆█ | Total Deposits ($M) | $269 | $283 | $273 | $308 | $320 | $335 | $360 | $397 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 48% |
| Agricultural | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 27% |