Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.33 | 0.78% |
| Return on Equity (%) | ▲ | 13.18% | +3.73 | 9.45% |
| Net Interest Margin (%) | ▼ | 4.65% | -0.27 | 4.93% |
| Efficiency Ratio (%) | ▲ | 57.78% | -13.52 | 71.31% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.89 | $1 |
| Cost of Funds (%) | ▼ | 2.77% | +0.59 | 2.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $335 | +104.26 | $231 |
| Gross Loans ($M) | ▲ | $291 | +104.16 | $187 |
| Loan Growth YoY (%) | ▲ | 103.79% | +11.76 | 92.03% |
| Total Deposits ($M) | ▲ | $277 | +75.87 | $201 |
| Shareholders Equity ($M) | ▲ | $29 | +9.57 | $19 |
| Tang. Book Value ($M) | ▲ | $24 | +9.58 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 103.79% | +11.76 | 92.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.07% | +1.03 | 1.04% |
| Allowance / Loans (%) | — | 1.13% | 0.30% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 2.34% | +1.19 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇█▆▅ | Net Interest Margin (%) | 3.98% | 4.02% | 4.50% | 4.93% | 5.08% | 5.29% | 4.83% | 4.65% |
| ▁▁▃▆▅▆▅█ | Return on Assets (%) | 0.19% | 0.21% | 0.53% | 0.78% | 0.77% | 0.87% | 0.67% | 1.11% |
| ██▅▄▄▃▃▁ | Efficiency Ratio (%) | 93.0% | 92.1% | 76.0% | 71.3% | 72.4% | 70.6% | 67.0% | 57.8% |
| █▄▁▂▁▁▇█ | Cost of Funds (%) | 2.72% | 2.37% | 2.12% | 2.17% | 2.15% | 2.08% | 2.64% | 2.77% |
| ▆▄▁▃▃▃▂█ | NPA / Assets (%) | 1.48% | 1.22% | 0.49% | 1.04% | 0.91% | 0.90% | 0.78% | 2.07% |
| █▅▁▄▃▃▂█ | Net Charge-Off Ratio (%) | 2.12% | 1.44% | 0.43% | 1.15% | 0.99% | 0.94% | 0.81% | 2.34% |
| ▁▁▁▃▄▄██ | Tang. Book Value ($M) | $11 | $11 | $12 | $14 | $16 | $17 | $23 | $24 |
| ▁▁▃▄▅▇▇█ | Gross Loans ($M) | $114 | $128 | $166 | $187 | $210 | $247 | $264 | $291 |
| ▁▁▃▄▅▇██ | Total Deposits ($M) | $147 | $163 | $186 | $201 | $216 | $248 | $267 | $277 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 40% |
| Agricultural | 12% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 29% |