Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.32% | +1.09 | 0.24% |
| Return on Equity (%) | ▲ | 83.08% | +83.08 | 0.00% |
| Net Interest Margin (%) | ▲ | 2.45% | +0.14 | 2.30% |
| Efficiency Ratio (%) | ▲ | 46.80% | -25.99 | 72.79% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.25 | $1 |
| Cost of Funds (%) | ▲ | 2.23% | -0.12 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $412 | -17.14 | $429 |
| Gross Loans ($M) | ▲ | $136 | +20.88 | $115 |
| Loan Growth YoY (%) | ▲ | 34.02% | +6.49 | 27.53% |
| Total Deposits ($M) | ▼ | $397 | -18.07 | $415 |
| Shareholders Equity ($M) | ▲ | $9 | +9.02 | $-0 |
| Tang. Book Value ($M) | ▲ | $9 | +9.02 | $-0 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +6.80 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 34.02% | +6.49 | 27.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.17 | 0.27% |
| Allowance / Loans (%) | — | 0.89% | -0.05% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 1.15% | +0.69 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.38% | +1.41 | 13.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▂▅▅▆█ | Net Interest Margin (%) | 2.28% | 2.30% | 2.32% | 2.30% | 2.36% | 2.38% | 2.40% | 2.45% |
| ▄▄▂▁▂▂█▄ | Return on Assets (%) | 1.38% | 1.13% | 0.57% | 0.24% | 0.69% | 0.61% | 2.62% | 1.32% |
| ▃▃██▆▆▁▃ | Efficiency Ratio (%) | 43.6% | 46.5% | 73.1% | 72.8% | 59.8% | 60.8% | 31.6% | 46.8% |
| ▇█▆▇▇▆▁▄ | Cost of Funds (%) | 2.36% | 2.40% | 2.32% | 2.35% | 2.34% | 2.32% | 2.13% | 2.23% |
| ▄▄▇▅█▁▇█ | NPA / Assets (%) | 0.25% | 0.25% | 0.37% | 0.27% | 0.45% | 0.09% | 0.38% | 0.44% |
| ▁▁▄▃▇▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.55% | 0.46% | 1.05% | 0.00% | 1.28% | 1.15% |
| ▁▂▂▂▄▅▇█ | Tang. Book Value ($M) | $-2 | $0 | $-0 | $-0 | $3 | $4 | $7 | $9 |
| ▂▁▁▃▆▄▅█ | Gross Loans ($M) | $111 | $107 | $104 | $115 | $126 | $119 | $123 | $136 |
| ███▆▅▁▂▂ | Total Deposits ($M) | $427 | $427 | $430 | $415 | $409 | $387 | $397 | $397 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 18% |
| Agricultural | 22% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 39% |