Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.24% | +4.82 | -4.58% |
| Return on Equity (%) | ▲ | 21.97% | +21.97 | 0.00% |
| Net Interest Margin (%) | ▲ | 2.71% | +0.12 | 2.59% |
| Efficiency Ratio (%) | ▲ | 88.45% | -17.06 | 105.51% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.20 | $0 |
| Cost of Funds (%) | ▲ | 1.60% | -0.08 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $393 | +38.25 | $355 |
| Gross Loans ($M) | ▲ | $213 | +36.82 | $176 |
| Loan Growth YoY (%) | ▲ | 54.92% | +5.69 | 49.23% |
| Total Deposits ($M) | ▲ | $385 | +30.18 | $355 |
| Shareholders Equity ($M) | ▲ | $6 | +8.65 | $-3 |
| Tang. Book Value ($M) | ▲ | $6 | +8.65 | $-3 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +8.98 | $1 |
| Loan / Deposit Ratio (%) | ▲ | 54.92% | +5.69 | 49.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.18 | 0.18% |
| Allowance / Loans (%) | — | 0.88% | -0.14% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.67% | +0.30 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.45% | -2.35 | 19.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▇████ | Net Interest Margin (%) | 1.91% | 1.96% | 2.26% | 2.59% | 2.67% | 2.68% | 2.68% | 2.71% |
| ██▁▄▆▆██ | Return on Assets (%) | -0.77% | -0.72% | -9.18% | -4.58% | -2.97% | -2.21% | 0.22% | 0.24% |
| ██▆▃▂▂▁▁ | Efficiency Ratio (%) | 134.3% | 131.7% | 120.1% | 105.5% | 98.8% | 95.3% | 90.1% | 88.5% |
| █▆▆▁▂▁▁▁ | Cost of Funds (%) | 2.36% | 2.14% | 2.08% | 1.67% | 1.70% | 1.69% | 1.67% | 1.60% |
| ▁▁█▂▁█▇█ | NPA / Assets (%) | 0.14% | 0.17% | 0.40% | 0.18% | 0.16% | 0.38% | 0.34% | 0.36% |
| ▁▁█▁▁█▆▆ | Net Charge-Off Ratio (%) | 0.32% | 0.36% | 0.79% | 0.37% | 0.33% | 0.80% | 0.66% | 0.67% |
| █▄▃▁▅▆▆█ | Tang. Book Value ($M) | $6 | $2 | $0 | $-3 | $2 | $4 | $3 | $6 |
| ▁▁▂▁▁▁▆█ | Gross Loans ($M) | $172 | $175 | $177 | $176 | $177 | $176 | $200 | $213 |
| ▁▂▂▃▄▄▇█ | Total Deposits ($M) | $339 | $345 | $350 | $355 | $358 | $362 | $377 | $385 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 3% |
| Agricultural | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 10% |