Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.79% | +0.60 | 0.19% |
| Return on Equity (%) | ▲ | 4.85% | +4.09 | 0.76% |
| Net Interest Margin (%) | ▼ | 3.19% | -0.76 | 3.95% |
| Efficiency Ratio (%) | ▲ | 59.95% | -20.22 | 80.16% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.47 | $0 |
| Cost of Funds (%) | ▲ | 2.78% | -0.10 | 2.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $269 | +111.63 | $157 |
| Gross Loans ($M) | ▲ | $190 | +87.94 | $102 |
| Loan Growth YoY (%) | ▼ | 83.08% | -3.10 | 86.18% |
| Total Deposits ($M) | ▲ | $227 | +109.70 | $117 |
| Shareholders Equity ($M) | ▲ | $38 | +1.17 | $37 |
| Tang. Book Value ($M) | ▲ | $33 | +1.45 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 83.08% | -3.10 | 86.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.32% | -1.43 | 1.74% |
| Allowance / Loans (%) | — | 1.00% | -0.46% | 1.46% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -2.68 | 2.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▁█▇▇▇▆▅ | Net Interest Margin (%) | 2.76% | 1.47% | 4.38% | 3.95% | 3.81% | 3.66% | 3.33% | 3.19% |
| ▁▂▆▅▅▆█▇ | Return on Assets (%) | -1.14% | -0.72% | 0.30% | 0.19% | 0.12% | 0.38% | 1.08% | 0.79% |
| █▂▂▃▃▂▁▁ | Efficiency Ratio (%) | 149.7% | 74.4% | 74.5% | 80.2% | 82.1% | 72.9% | 54.5% | 59.9% |
| █▁██████ | Cost of Funds (%) | 3.35% | -2.97% | 2.75% | 2.88% | 3.05% | 2.83% | 2.92% | 2.78% |
| ▁▅▄█▇▅▄▂ | NPA / Assets (%) | 0.05% | 0.99% | 0.74% | 1.74% | 1.43% | 1.00% | 0.73% | 0.32% |
| ▁▅▄█▅▅▂▁ | Net Charge-Off Ratio (%) | 0.06% | 1.55% | 1.17% | 2.68% | 1.60% | 1.35% | 0.47% | 0.00% |
| ▁▅██████ | Tang. Book Value ($M) | $10 | $24 | $32 | $32 | $32 | $32 | $33 | $33 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $53 | $76 | $86 | $102 | $126 | $148 | $170 | $190 |
| ▁▂▂▄▄▅▇█ | Total Deposits ($M) | $51 | $85 | $94 | $117 | $132 | $158 | $187 | $227 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 31% |