Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.54% | -0.74 | 2.28% |
| Return on Equity (%) | ▼ | 12.38% | -9.06 | 21.44% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.12 | 3.94% |
| Efficiency Ratio (%) | ▼ | 64.31% | +13.98 | 50.34% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.40 | $1 |
| Cost of Funds (%) | ▼ | 1.55% | +0.10 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $127 | +9.69 | $117 |
| Gross Loans ($M) | ▼ | $60 | -0.66 | $61 |
| Loan Growth YoY (%) | ▼ | 54.01% | -4.52 | 58.54% |
| Total Deposits ($M) | ▲ | $110 | +7.22 | $103 |
| Shareholders Equity ($M) | ▲ | $16 | +2.29 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +2.29 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.34 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 54.01% | -4.52 | 58.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.82% | -0.29 | 1.11% |
| Allowance / Loans (%) | — | 1.62% | 0.17% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 1.71% | -0.41 | 2.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆████ | Net Interest Margin (%) | 3.47% | 3.53% | 3.73% | 3.94% | 4.06% | 4.12% | 4.08% | 4.06% |
| ▁▁▂██▇▄▄ | Return on Assets (%) | 1.12% | 1.09% | 1.24% | 2.28% | 2.21% | 2.00% | 1.55% | 1.54% |
| ███▁▁▃▆▆ | Efficiency Ratio (%) | 69.8% | 69.9% | 69.0% | 50.3% | 51.2% | 55.4% | 64.2% | 64.3% |
| █▅▂▁▂▁▁▃ | Cost of Funds (%) | 1.76% | 1.64% | 1.51% | 1.44% | 1.50% | 1.46% | 1.46% | 1.55% |
| ▇▇▅▅█▃▂▁ | NPA / Assets (%) | 1.21% | 1.20% | 1.12% | 1.11% | 1.30% | 0.94% | 0.89% | 0.82% |
| █▆▅▄▆▁▁▁ | Net Charge-Off Ratio (%) | 2.74% | 2.41% | 2.28% | 2.12% | 2.42% | 1.76% | 1.79% | 1.71% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $13 | $12 | $13 | $14 | $15 | $15 | $16 | $16 |
| ▁▄▄▅▇█▅▄ | Gross Loans ($M) | $56 | $60 | $60 | $61 | $64 | $66 | $61 | $60 |
| ▁▇▇▁▂▆▆█ | Total Deposits ($M) | $103 | $109 | $108 | $103 | $104 | $108 | $108 | $110 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 17% |
| Agricultural | 2% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 15% |