Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.91% | -0.62 | 2.53% |
| Return on Equity (%) | ▼ | 19.24% | -5.87 | 25.11% |
| Net Interest Margin (%) | ▼ | 5.69% | -1.00 | 6.68% |
| Efficiency Ratio (%) | ▼ | 55.87% | +8.31 | 47.56% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.45 | $1 |
| Cost of Funds (%) | ▼ | 1.36% | +0.08 | 1.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $138 | +0.98 | $137 |
| Gross Loans ($M) | ▼ | $101 | -6.02 | $107 |
| Loan Growth YoY (%) | ▼ | 81.76% | -5.61 | 87.37% |
| Total Deposits ($M) | ▲ | $122 | +0.99 | $121 |
| Shareholders Equity ($M) | ▼ | $14 | -0.25 | $15 |
| Tang. Book Value ($M) | ▼ | $14 | -0.25 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 81.76% | -5.61 | 87.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.04% | +2.80 | 0.24% |
| Allowance / Loans (%) | — | 1.28% | 0.03% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 4.15% | +4.08 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▆▆▆▁▁ | Net Interest Margin (%) | 7.04% | 7.01% | 6.59% | 6.68% | 6.69% | 6.60% | 5.78% | 5.69% |
| ██▇▆▆▆▂▁ | Return on Assets (%) | 2.77% | 2.75% | 2.58% | 2.53% | 2.50% | 2.47% | 2.10% | 1.91% |
| ▁▁▂▂▂▃▆█ | Efficiency Ratio (%) | 46.5% | 46.0% | 47.8% | 47.6% | 48.2% | 48.6% | 52.7% | 55.9% |
| ▁▃▃▆▅▆██ | Cost of Funds (%) | 1.10% | 1.17% | 1.18% | 1.28% | 1.25% | 1.29% | 1.35% | 1.36% |
| ▂▁▁▁▇▇▆█ | NPA / Assets (%) | 0.66% | 0.58% | 0.24% | 0.24% | 2.56% | 2.39% | 2.27% | 3.04% |
| ▁▁▁▁▆▆▆█ | Net Charge-Off Ratio (%) | 0.52% | 0.56% | 0.14% | 0.07% | 3.05% | 3.07% | 3.12% | 4.15% |
| ▆▁▃▆█▁▃▅ | Tang. Book Value ($M) | $15 | $13 | $14 | $15 | $16 | $13 | $14 | $14 |
| ▇▇▇█▅▄▂▁ | Gross Loans ($M) | $106 | $106 | $106 | $107 | $104 | $104 | $102 | $101 |
| ▁▆▆▅▄██▆ | Total Deposits ($M) | $115 | $122 | $122 | $121 | $119 | $125 | $125 | $122 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 3% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 19% |