Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.30 | 1.53% |
| Return on Equity (%) | ▼ | 10.56% | -2.23 | 12.79% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.01 | 3.93% |
| Efficiency Ratio (%) | ▼ | 52.37% | +0.40 | 51.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 2.33% | -0.34 | 2.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $174 | +18.48 | $156 |
| Gross Loans ($M) | ▲ | $136 | +16.96 | $119 |
| Loan Growth YoY (%) | ▲ | 89.28% | +3.27 | 86.01% |
| Total Deposits ($M) | ▲ | $150 | +13.63 | $137 |
| Shareholders Equity ($M) | ▲ | $20 | +2.01 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.01 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 89.28% | +3.27 | 86.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.67% | +1.43 | 1.24% |
| Allowance / Loans (%) | — | 1.49% | 0.06% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 3.42% | +1.81 | 1.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▃▇▇▂ | Net Interest Margin (%) | 4.26% | 4.16% | 3.85% | 3.93% | 3.99% | 4.16% | 4.18% | 3.94% |
| ▂▂█▄▃▄▃▁ | Return on Assets (%) | 1.33% | 1.36% | 1.91% | 1.53% | 1.47% | 1.54% | 1.43% | 1.23% |
| ▇▇▁▇█▆▅█ | Efficiency Ratio (%) | 51.7% | 51.6% | 47.7% | 52.0% | 52.7% | 50.9% | 50.5% | 52.4% |
| ██▃▄▅▅▁▁ | Cost of Funds (%) | 3.10% | 3.08% | 2.60% | 2.67% | 2.79% | 2.79% | 2.40% | 2.33% |
| ▁▂▁▄▃▂▄█ | NPA / Assets (%) | 0.07% | 0.50% | 0.13% | 1.24% | 1.01% | 0.58% | 1.08% | 2.67% |
| ▁▂▁▄▃▂▄█ | Net Charge-Off Ratio (%) | 0.08% | 0.65% | 0.16% | 1.61% | 1.28% | 0.74% | 1.40% | 3.42% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $17 | $17 | $17 | $18 | $18 | $19 | $19 | $20 |
| ▁▁▂▄▇▆▆█ | Gross Loans ($M) | $107 | $105 | $110 | $119 | $132 | $126 | $127 | $136 |
| ▁▁▂▅█▅▆█ | Total Deposits ($M) | $121 | $121 | $125 | $137 | $147 | $139 | $143 | $150 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 10% |
| Agricultural | 18% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 18% |