Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.40% | -0.56 | 0.96% |
| Return on Equity (%) | ▼ | 3.96% | -7.24 | 11.20% |
| Net Interest Margin (%) | ▼ | 2.88% | -0.17 | 3.04% |
| Efficiency Ratio (%) | ▼ | 67.41% | +6.32 | 61.09% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.43 | $1 |
| Cost of Funds (%) | ▼ | 1.53% | +0.03 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $361 | -5.04 | $366 |
| Gross Loans ($M) | ▼ | $203 | -16.09 | $219 |
| Loan Growth YoY (%) | ▼ | 68.04% | -4.28 | 72.31% |
| Total Deposits ($M) | ▼ | $294 | -6.01 | $300 |
| Shareholders Equity ($M) | ▲ | $38 | +4.16 | $33 |
| Tang. Book Value ($M) | ▲ | $38 | +4.16 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +3.71 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 68.04% | -4.28 | 72.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.34% | +0.32 | 1.02% |
| Allowance / Loans (%) | — | 1.30% | 0.48% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 2.39% | +0.67 | 1.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅███▃▄ | Net Interest Margin (%) | 2.77% | 2.80% | 2.91% | 3.04% | 3.03% | 3.01% | 2.85% | 2.88% |
| ▇▇▇████▁ | Return on Assets (%) | 0.88% | 0.88% | 0.91% | 0.96% | 1.00% | 0.95% | 1.02% | 0.40% |
| ▄▃▄▁▁▁▆█ | Efficiency Ratio (%) | 63.5% | 63.3% | 63.9% | 61.1% | 60.9% | 61.1% | 65.1% | 67.4% |
| ▇█▂▁▂▁▂▃ | Cost of Funds (%) | 1.64% | 1.69% | 1.51% | 1.50% | 1.52% | 1.47% | 1.52% | 1.53% |
| ▁▁▁▇▁▁▁█ | NPA / Assets (%) | 0.04% | 0.00% | 0.03% | 1.02% | 0.00% | 0.00% | 0.00% | 1.34% |
| ▁▁▁▆▁▁▁█ | Net Charge-Off Ratio (%) | 0.07% | 0.00% | 0.06% | 1.71% | 0.00% | 0.01% | 0.00% | 2.39% |
| ▄▁▃▄████ | Tang. Book Value ($M) | $33 | $30 | $33 | $33 | $37 | $37 | $38 | $38 |
| █▆▇█▅▃▂▁ | Gross Loans ($M) | $221 | $216 | $218 | $219 | $213 | $208 | $206 | $203 |
| █▆▅▃▄█▁▁ | Total Deposits ($M) | $314 | $306 | $305 | $300 | $300 | $313 | $292 | $294 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 7% |