Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.05% | -2.37 | 2.42% |
| Return on Equity (%) | ▼ | 0.22% | -11.27 | 11.49% |
| Net Interest Margin (%) | ▲ | 4.76% | +0.03 | 4.73% |
| Efficiency Ratio (%) | ▲ | 39.60% | -0.84 | 40.44% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.10 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $122 | -2.40 | $125 |
| Gross Loans ($M) | ▲ | $87 | +7.16 | $79 |
| Loan Growth YoY (%) | ▲ | 93.80% | +1.51 | 92.29% |
| Total Deposits ($M) | ▲ | $90 | +4.96 | $85 |
| Shareholders Equity ($M) | ▲ | $28 | +0.64 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +0.64 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +0.23 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 93.80% | +1.51 | 92.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 10.69% | +4.31 | 6.37% |
| Allowance / Loans (%) | — | 2.22% | 1.33% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 11.69% | +5.46 | 6.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅▄▅▆█▆▅ | Net Interest Margin (%) | 4.41% | 4.75% | 4.63% | 4.73% | 4.81% | 4.99% | 4.80% | 4.76% |
| ▇██▇███▁ | Return on Assets (%) | 2.21% | 2.54% | 2.73% | 2.42% | 2.49% | 2.79% | 2.82% | 0.05% |
| █▅▄▂▂▁▁▁ | Efficiency Ratio (%) | 45.3% | 42.5% | 41.8% | 40.4% | 40.5% | 39.3% | 39.6% | 39.6% |
| ▆▂▆▇█▁▂▁ | Cost of Funds (%) | 1.57% | 1.50% | 1.57% | 1.58% | 1.60% | 1.47% | 1.49% | 1.48% |
| ▂▅▆▂▁▁▃█ | NPA / Assets (%) | 6.82% | 8.35% | 9.36% | 6.37% | 6.00% | 5.64% | 7.12% | 10.69% |
| ▃▆█▂▁▁▃█ | Net Charge-Off Ratio (%) | 7.26% | 9.65% | 11.11% | 6.23% | 5.54% | 4.87% | 7.05% | 11.69% |
| ▁▁▃▄▅▇█▅ | Tang. Book Value ($M) | $26 | $26 | $27 | $27 | $28 | $29 | $30 | $28 |
| ▁▄▅▄▅▇██ | Gross Loans ($M) | $74 | $80 | $81 | $79 | $81 | $84 | $86 | $87 |
| ▇█▃▂▁▁▇▆ | Total Deposits ($M) | $90 | $93 | $87 | $85 | $84 | $83 | $91 | $90 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 32% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 11% |