Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.20 | 0.40% |
| Return on Equity (%) | ▲ | 5.64% | +1.34 | 4.30% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.31 | 3.84% |
| Efficiency Ratio (%) | ▲ | 83.81% | -4.70 | 88.51% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.05% | -0.07 | 1.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $137 | -0.77 | $137 |
| Gross Loans ($M) | ▲ | $109 | +0.73 | $108 |
| Loan Growth YoY (%) | ▲ | 88.58% | +1.23 | 87.36% |
| Total Deposits ($M) | ▼ | $121 | -0.81 | $122 |
| Shareholders Equity ($M) | ▲ | $15 | +1.65 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.65 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 88.58% | +1.23 | 87.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.19% | -0.28 | 1.47% |
| Allowance / Loans (%) | — | 1.21% | -0.06% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 1.50% | -0.37 | 1.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆███ | Net Interest Margin (%) | 3.57% | 3.58% | 3.74% | 3.84% | 4.01% | 4.09% | 4.14% | 4.16% |
| ▁▁▃▅▇███ | Return on Assets (%) | 0.15% | 0.15% | 0.28% | 0.40% | 0.55% | 0.59% | 0.61% | 0.60% |
| ██▆▄▁▁▁▁ | Efficiency Ratio (%) | 95.3% | 95.0% | 91.2% | 88.5% | 84.4% | 83.4% | 83.0% | 83.8% |
| ███▄▆▂▁▁ | Cost of Funds (%) | 1.25% | 1.28% | 1.25% | 1.12% | 1.18% | 1.07% | 1.03% | 1.05% |
| ▅██▅▄▁▁▂ | NPA / Assets (%) | 1.55% | 1.85% | 1.87% | 1.47% | 1.37% | 1.12% | 1.06% | 1.19% |
| ▅██▄▃▁▁▂ | Net Charge-Off Ratio (%) | 2.01% | 2.45% | 2.39% | 1.87% | 1.72% | 1.41% | 1.36% | 1.50% |
| ▂▁▂▂▅▆██ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $14 | $15 |
| ▂▁▆▆▇▄▁█ | Gross Loans ($M) | $107 | $106 | $108 | $108 | $108 | $107 | $106 | $109 |
| ▁▅███▆▆▆ | Total Deposits ($M) | $118 | $120 | $123 | $122 | $122 | $121 | $121 | $121 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |