Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.77 | 0.22% |
| Return on Equity (%) | ▲ | 7.49% | +5.94 | 1.55% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.40 | 3.45% |
| Efficiency Ratio (%) | ▲ | 60.25% | -22.75 | 83.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.40 | $0 |
| Cost of Funds (%) | ▲ | 1.44% | -0.08 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $151 | +5.00 | $146 |
| Gross Loans ($M) | ▲ | $74 | +34.41 | $39 |
| Loan Growth YoY (%) | ▲ | 56.58% | +25.66 | 30.92% |
| Total Deposits ($M) | ▲ | $129 | +3.16 | $125 |
| Shareholders Equity ($M) | ▲ | $22 | +1.77 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +1.77 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.29 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 56.58% | +25.66 | 30.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.04 | 0.01% |
| Allowance / Loans (%) | — | 1.22% | 0.01% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.07 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▄▅▅▆█ | Net Interest Margin (%) | 3.59% | 3.45% | 3.17% | 3.45% | 3.58% | 3.58% | 3.60% | 3.85% |
| ▁▁▄▄▅▆█▇ | Return on Assets (%) | -0.58% | -0.36% | 0.23% | 0.22% | 0.57% | 0.73% | 1.35% | 0.99% |
| ██▄▄▃▂▁▁ | Efficiency Ratio (%) | 116.5% | 109.8% | 85.3% | 83.0% | 74.6% | 70.2% | 60.9% | 60.2% |
| █▃▁▃▄▁▁▂ | Cost of Funds (%) | 1.86% | 1.51% | 1.42% | 1.52% | 1.59% | 1.42% | 1.36% | 1.44% |
| ▁▁▂▂▂▃▄█ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.02% | 0.02% | 0.05% |
| ▁▁▄▃▃▅▅█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.04% | 0.03% | 0.03% | 0.05% | 0.05% | 0.10% |
| ▁▁▁▃▅▇▇█ | Tang. Book Value ($M) | $19 | $19 | $19 | $20 | $20 | $21 | $21 | $22 |
| ▁▁▂▄▅▆▆█ | Gross Loans ($M) | $18 | $21 | $27 | $39 | $47 | $57 | $60 | $74 |
| ▁▄▄▅▆█▇▆ | Total Deposits ($M) | $82 | $111 | $111 | $125 | $135 | $154 | $136 | $129 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 3% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 19% |