Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.80% | +0.07 | -0.87% |
| Return on Equity (%) | ▲ | -6.72% | +0.68 | -7.40% |
| Net Interest Margin (%) | ▲ | 1.28% | +0.17 | 1.11% |
| Efficiency Ratio (%) | ▲ | 155.70% | -13.10 | 168.80% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.04 | $-1 |
| Cost of Funds (%) | — | 2.00% | 0.00 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $212 | -12.34 | $224 |
| Gross Loans ($M) | ▲ | $98 | +2.36 | $96 |
| Loan Growth YoY (%) | ▲ | 59.08% | +3.62 | 55.45% |
| Total Deposits ($M) | ▼ | $164 | -6.48 | $171 |
| Shareholders Equity ($M) | ▼ | $25 | -1.10 | $26 |
| Tang. Book Value ($M) | ▼ | $25 | -1.10 | $26 |
| TBV excl. AOCI ($M)** | ▼ | $29 | -1.64 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 59.08% | +3.62 | 55.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.06 | 0.30% |
| Allowance / Loans (%) | — | 0.92% | -0.03% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.09 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.12M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 1.02% | 1.02% | 1.09% | 1.11% | 1.14% | 1.15% | 1.28% | 1.28% |
| ▁▅▅▄▆█▇▅ | Return on Assets (%) | -1.10% | -0.82% | -0.85% | -0.87% | -0.78% | -0.61% | -0.73% | -0.80% |
| ██▅▅▃▃▁▂ | Efficiency Ratio (%) | 182.8% | 181.5% | 170.1% | 168.8% | 160.3% | 161.2% | 150.1% | 155.7% |
| █▅▁▁▁▂▁▁ | Cost of Funds (%) | 2.13% | 2.07% | 2.00% | 2.00% | 2.00% | 2.01% | 1.99% | 2.00% |
| █▂▁▇▅▆▅█ | NPA / Assets (%) | 0.34% | 0.13% | 0.07% | 0.30% | 0.23% | 0.27% | 0.25% | 0.37% |
| █▂▁▇▅▆▅█ | Net Charge-Off Ratio (%) | 0.81% | 0.31% | 0.17% | 0.71% | 0.54% | 0.60% | 0.54% | 0.79% |
| ██▇▅▄▄▂▁ | Tang. Book Value ($M) | $27 | $27 | $27 | $26 | $26 | $26 | $26 | $25 |
| ▂▂▁▄▃▅▆█ | Gross Loans ($M) | $94 | $94 | $94 | $96 | $95 | $96 | $97 | $98 |
| ▂██▅▄▂▁▁ | Total Deposits ($M) | $167 | $175 | $175 | $171 | $169 | $166 | $165 | $164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 14% |