Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.46 | 0.58% |
| Return on Equity (%) | ▲ | 8.58% | +3.97 | 4.61% |
| Net Interest Margin (%) | ▲ | 2.86% | +0.38 | 2.48% |
| Efficiency Ratio (%) | ▲ | 53.04% | -16.68 | 69.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $0 |
| Cost of Funds (%) | ▲ | 1.66% | -0.14 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $190 | +14.48 | $175 |
| Gross Loans ($M) | ▼ | $69 | -1.36 | $70 |
| Loan Growth YoY (%) | ▼ | 40.56% | -4.44 | 45.00% |
| Total Deposits ($M) | ▲ | $165 | +12.93 | $152 |
| Shareholders Equity ($M) | ▲ | $24 | +1.52 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +1.52 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.20 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 40.56% | -4.44 | 45.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.80% | -0.84 | 1.64% |
| Allowance / Loans (%) | — | 2.81% | 0.27% | 2.54% |
| Net Charge-Off Ratio (%) | ▲ | 2.20% | -1.89 | 4.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▇▇▇█ | Net Interest Margin (%) | 2.15% | 2.16% | 2.35% | 2.48% | 2.73% | 2.74% | 2.72% | 2.86% |
| ▁▁▁▂▅▄▇█ | Return on Assets (%) | 0.50% | 0.47% | 0.43% | 0.58% | 0.75% | 0.71% | 0.93% | 1.03% |
| ▇██▇▅▅▁▁ | Efficiency Ratio (%) | 71.4% | 73.8% | 74.3% | 69.7% | 64.0% | 63.7% | 54.2% | 53.0% |
| ██▆▄▄▁▂▂ | Cost of Funds (%) | 2.10% | 2.13% | 1.97% | 1.81% | 1.82% | 1.57% | 1.67% | 1.66% |
| ▁███▆▃▃▃ | NPA / Assets (%) | 0.41% | 1.70% | 1.68% | 1.64% | 1.22% | 0.84% | 0.78% | 0.80% |
| ▁███▆▅▄▃ | Net Charge-Off Ratio (%) | 1.07% | 4.27% | 4.26% | 4.09% | 3.15% | 2.83% | 2.40% | 2.20% |
| ▃▁▁▄▆█▆█ | Tang. Book Value ($M) | $22 | $21 | $21 | $22 | $23 | $24 | $23 | $24 |
| ▇▆▆█▆▁▃▇ | Gross Loans ($M) | $68 | $67 | $67 | $70 | $67 | $60 | $63 | $69 |
| ▃▁▁▂▁█▇▆ | Total Deposits ($M) | $153 | $146 | $147 | $152 | $149 | $176 | $169 | $165 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 10% |
| Agricultural | 32% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |