Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.33% | -0.57 | 2.90% |
| Return on Equity (%) | ▼ | 19.42% | -11.39 | 30.81% |
| Net Interest Margin (%) | ▼ | 4.31% | -0.58 | 4.89% |
| Efficiency Ratio (%) | ▼ | 47.99% | +8.21 | 39.78% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.38 | $1 |
| Cost of Funds (%) | ▼ | 0.68% | +0.09 | 0.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $114 | -18.31 | $132 |
| Gross Loans ($M) | ▲ | $41 | +1.18 | $40 |
| Loan Growth YoY (%) | ▲ | 40.56% | +7.57 | 32.99% |
| Total Deposits ($M) | ▼ | $100 | -19.35 | $119 |
| Shareholders Equity ($M) | ▲ | $14 | +1.05 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.05 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 40.56% | +7.57 | 32.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.63% | +0.61 | 0.02% |
| Allowance / Loans (%) | — | 1.14% | -0.02% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 1.75% | +1.68 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▆▆▆▁▂ | Net Interest Margin (%) | 5.13% | 5.20% | 4.61% | 4.89% | 4.88% | 4.84% | 4.16% | 4.31% |
| ██▂▅▅▅▁▃ | Return on Assets (%) | 3.56% | 3.56% | 2.26% | 2.90% | 2.85% | 2.79% | 1.84% | 2.33% |
| ▁▁▆▃▃▄█▆ | Efficiency Ratio (%) | 31.5% | 32.0% | 49.9% | 39.8% | 40.9% | 41.6% | 56.9% | 48.0% |
| ▂▁▁▂▆█▇▇ | Cost of Funds (%) | 0.59% | 0.57% | 0.55% | 0.59% | 0.68% | 0.72% | 0.70% | 0.68% |
| ▅▁▁▁▁▁▂█ | NPA / Assets (%) | 0.34% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.13% | 0.63% |
| ▇▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 1.35% | 0.00% | 0.00% | 0.08% | 0.00% | 0.00% | 0.40% | 1.75% |
| ▁▂▂▅▆▇▇█ | Tang. Book Value ($M) | $12 | $12 | $12 | $13 | $13 | $14 | $14 | $14 |
| ▃▃▃▇▂▂▁█ | Gross Loans ($M) | $37 | $37 | $37 | $40 | $37 | $37 | $36 | $41 |
| █▄▅▅▂▂▁▁ | Total Deposits ($M) | $139 | $113 | $123 | $119 | $106 | $104 | $98 | $100 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 29% |
| C&I / Commercial | 38% |
| Agricultural | 24% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 59% |
| Interest-Bearing (core) | 25% |
| Brokered / Other | 15% |