Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.99% | -0.33 | 2.31% |
| Return on Equity (%) | ▼ | 14.96% | -3.93 | 18.89% |
| Net Interest Margin (%) | ▼ | 5.49% | -0.52 | 6.01% |
| Efficiency Ratio (%) | ▼ | 50.44% | +3.34 | 47.10% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.23 | $2 |
| Cost of Funds (%) | ▼ | 0.77% | +0.32 | 0.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $191 | -15.54 | $207 |
| Gross Loans ($M) | ▲ | $136 | +11.22 | $125 |
| Loan Growth YoY (%) | ▲ | 82.44% | +13.72 | 68.72% |
| Total Deposits ($M) | ▼ | $163 | -16.44 | $179 |
| Shareholders Equity ($M) | ▲ | $27 | +1.38 | $26 |
| Tang. Book Value ($M) | ▲ | $26 | +1.38 | $25 |
| TBV excl. AOCI ($M)** | ▼ | $28 | -0.51 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 82.44% | +13.72 | 68.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.43% | +0.40 | 0.02% |
| Allowance / Loans (%) | — | 1.26% | 0.06% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.56 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▇▆▆▁▁ | Net Interest Margin (%) | 6.12% | 6.19% | 6.18% | 6.01% | 5.93% | 5.92% | 5.46% | 5.49% |
| ██▇▇▆▁▅▅ | Return on Assets (%) | 2.70% | 2.63% | 2.42% | 2.31% | 2.19% | 1.03% | 2.07% | 1.99% |
| ▁▁▁▂▂█▂▂ | Efficiency Ratio (%) | 41.9% | 42.7% | 45.8% | 47.1% | 49.3% | 78.3% | 49.1% | 50.4% |
| ▁▁▁▅▅▅▆█ | Cost of Funds (%) | 0.11% | 0.13% | 0.10% | 0.45% | 0.50% | 0.50% | 0.60% | 0.77% |
| ▇▂▁▁▂██▇ | NPA / Assets (%) | 0.46% | 0.14% | 0.01% | 0.02% | 0.14% | 0.50% | 0.56% | 0.43% |
| █▃▁▁▃██▆ | Net Charge-Off Ratio (%) | 0.90% | 0.25% | 0.02% | 0.04% | 0.24% | 0.79% | 0.83% | 0.60% |
| ▁▂▃▅█▆▇█ | Tang. Book Value ($M) | $23 | $23 | $24 | $25 | $26 | $25 | $26 | $26 |
| ▁▃▄▅▅▇██ | Gross Loans ($M) | $103 | $113 | $117 | $125 | $122 | $131 | $139 | $136 |
| ▆▆▇▇█▇▇▁ | Total Deposits ($M) | $176 | $176 | $180 | $179 | $183 | $180 | $178 | $163 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 4% |
| Agricultural | 22% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 6% |