Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.66% | -0.45 | 2.11% |
| Return on Equity (%) | ▼ | 13.81% | -4.36 | 18.17% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.26 | 3.75% |
| Efficiency Ratio (%) | ▼ | 53.30% | +10.47 | 42.83% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.84 | $1 |
| Cost of Funds (%) | ▼ | 3.10% | +0.50 | 2.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $330 | +126.46 | $204 |
| Gross Loans ($M) | ▲ | $241 | +80.18 | $161 |
| Loan Growth YoY (%) | ▼ | 83.75% | -5.54 | 89.30% |
| Total Deposits ($M) | ▲ | $285 | +106.53 | $178 |
| Shareholders Equity ($M) | ▲ | $42 | +18.88 | $23 |
| Tang. Book Value ($M) | ▲ | $37 | +14.90 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 83.75% | -5.54 | 89.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.71% | +0.04 | 0.67% |
| Allowance / Loans (%) | — | 1.03% | 0.02% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.97% | +0.14 | 0.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅██ | Net Interest Margin (%) | 3.64% | 3.65% | 3.61% | 3.75% | 3.82% | 3.87% | 4.05% | 4.01% |
| ▆▁▇██▃▆▂ | Return on Assets (%) | 1.94% | 1.52% | 2.01% | 2.11% | 2.04% | 1.69% | 1.89% | 1.66% |
| ▃█▁▁▂▇▆▆ | Efficiency Ratio (%) | 47.6% | 59.0% | 44.3% | 42.8% | 46.0% | 56.0% | 53.2% | 53.3% |
| ▂▃▁▁▂▁▂█ | Cost of Funds (%) | 2.68% | 2.73% | 2.55% | 2.61% | 2.63% | 2.57% | 2.68% | 3.10% |
| ▁▁▃▄▂██▅ | NPA / Assets (%) | 0.41% | 0.44% | 0.58% | 0.67% | 0.53% | 0.95% | 0.95% | 0.71% |
| ▁▁▃▄▂██▆ | Net Charge-Off Ratio (%) | 0.56% | 0.54% | 0.71% | 0.83% | 0.64% | 1.21% | 1.14% | 0.97% |
| ▁▁▁▁▁▁▁█ | Tang. Book Value ($M) | $21 | $21 | $21 | $22 | $22 | $21 | $22 | $37 |
| ▁▂▂▃▄▃▄█ | Gross Loans ($M) | $132 | $148 | $157 | $161 | $174 | $166 | $176 | $241 |
| ▁▁▁▂▂▂▂█ | Total Deposits ($M) | $160 | $161 | $171 | $178 | $186 | $187 | $187 | $285 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 8% |
| Agricultural | 25% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |