Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.49% | +0.75 | -0.25% |
| Return on Equity (%) | ▲ | 72.37% | +72.37 | 0.00% |
| Net Interest Margin (%) | ▲ | 2.54% | +0.39 | 2.15% |
| Efficiency Ratio (%) | ▲ | 71.94% | -37.95 | 109.89% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.29 | $-0 |
| Cost of Funds (%) | ▲ | 1.95% | -0.15 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $388 | -12.19 | $400 |
| Gross Loans ($M) | ▲ | $157 | +34.56 | $122 |
| Loan Growth YoY (%) | ▲ | 42.71% | +11.19 | 31.51% |
| Total Deposits ($M) | ▼ | $365 | -20.70 | $386 |
| Shareholders Equity ($M) | ▲ | $4 | +3.83 | $0 |
| Tang. Book Value ($M) | ▲ | $-0 | +4.73 | $-5 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +3.12 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 42.71% | +11.19 | 31.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.75% | +0.13 | 0.62% |
| Allowance / Loans (%) | — | 0.72% | -0.02% | 0.74% |
| Net Charge-Off Ratio (%) | ▼ | 0.88% | +0.67 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.10% | -0.84 | 12.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▂▃▄▇█ | Net Interest Margin (%) | 2.07% | 2.13% | 2.21% | 2.15% | 2.23% | 2.28% | 2.45% | 2.54% |
| ▂▂▂▁▁▁█▅ | Return on Assets (%) | -0.06% | -0.08% | -0.08% | -0.25% | -0.21% | -0.20% | 1.08% | 0.49% |
| ▇█▇███▁▃ | Efficiency Ratio (%) | 102.9% | 103.4% | 101.3% | 109.9% | 104.3% | 105.2% | 56.2% | 71.9% |
| ▆█▅▆▃▄▁▁ | Cost of Funds (%) | 2.10% | 2.16% | 2.07% | 2.10% | 2.02% | 2.04% | 1.97% | 1.95% |
| ▂▃▄▃█▁▇▆ | NPA / Assets (%) | 0.57% | 0.59% | 0.64% | 0.62% | 0.89% | 0.46% | 0.79% | 0.75% |
| ▁▁▂▁█▁██ | Net Charge-Off Ratio (%) | 0.15% | 0.19% | 0.33% | 0.21% | 0.92% | 0.12% | 0.98% | 0.88% |
| ▁▂▃▃▄▅▇█ | Tang. Book Value ($M) | $-7 | $-5 | $-5 | $-5 | $-4 | $-4 | $-1 | $-0 |
| ▁▁▁▁▆▆▆█ | Gross Loans ($M) | $124 | $120 | $123 | $122 | $146 | $143 | $147 | $157 |
| █▆▇▆▅▂▁▁ | Total Deposits ($M) | $393 | $383 | $388 | $386 | $379 | $371 | $365 | $365 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 12% |
| Agricultural | 9% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 34% |