Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -2.50% | -2.55 | 0.05% |
| Return on Equity (%) | ▼ | -27.77% | -28.29 | 0.52% |
| Net Interest Margin (%) | ▼ | 3.25% | -0.32 | 3.57% |
| Efficiency Ratio (%) | ▼ | 67.76% | +4.45 | 63.31% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.11 | $3 |
| Cost of Funds (%) | ▲ | 2.24% | -0.26 | 2.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $679 | +27.28 | $652 |
| Gross Loans ($M) | ▼ | $467 | -60.28 | $527 |
| Loan Growth YoY (%) | ▼ | 78.75% | -17.40 | 96.15% |
| Total Deposits ($M) | ▲ | $577 | +34.65 | $542 |
| Shareholders Equity ($M) | ▼ | $60 | -7.02 | $67 |
| Tang. Book Value ($M) | ▼ | $60 | -7.02 | $67 |
| TBV excl. AOCI ($M)** | ▼ | $65 | -2.45 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 78.75% | -17.40 | 96.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 7.49% | +2.85 | 4.64% |
| Allowance / Loans (%) | — | 2.66% | 1.60% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 10.86% | +5.13 | 5.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▄▄▄▂▁ | Net Interest Margin (%) | 4.06% | 3.96% | 3.22% | 3.57% | 3.64% | 3.63% | 3.40% | 3.25% |
| ██▇▇▇▇▁▃ | Return on Assets (%) | 1.27% | 1.20% | 0.30% | 0.05% | 0.06% | 0.01% | -4.34% | -2.50% |
| ▁▁█▇▆▅▆█ | Efficiency Ratio (%) | 49.5% | 51.1% | 65.7% | 63.3% | 61.8% | 59.2% | 61.9% | 67.8% |
| █▅▄▃▃▁▂▁ | Cost of Funds (%) | 3.04% | 2.66% | 2.55% | 2.50% | 2.49% | 2.31% | 2.38% | 2.24% |
| ▁▃▆▅▆▅▆█ | NPA / Assets (%) | 0.28% | 2.45% | 4.88% | 4.64% | 4.90% | 4.17% | 5.10% | 7.49% |
| ▁▃▅▅▅▅▆█ | Net Charge-Off Ratio (%) | 0.33% | 3.02% | 5.85% | 5.73% | 6.34% | 5.94% | 7.38% | 10.86% |
| ▅▇▇▇▇█▁▁ | Tang. Book Value ($M) | $65 | $66 | $67 | $67 | $67 | $68 | $61 | $60 |
| ███▆▅▄▁▁ | Gross Loans ($M) | $546 | $550 | $541 | $527 | $518 | $507 | $471 | $467 |
| ▁▄▁▂▄█▅▅ | Total Deposits ($M) | $530 | $570 | $539 | $542 | $568 | $621 | $582 | $577 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 13% |
| Agricultural | 12% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 6% |