Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.02% | +0.26 | -0.24% |
| Return on Equity (%) | ▲ | 0.25% | +2.28 | -2.03% |
| Net Interest Margin (%) | ▼ | 3.98% | -0.01 | 3.99% |
| Efficiency Ratio (%) | ▲ | 92.00% | -10.77 | 102.77% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.87% | -0.21 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +46.57 | $146 |
| Gross Loans ($M) | ▲ | $127 | +21.00 | $106 |
| Loan Growth YoY (%) | ▼ | 72.83% | -8.89 | 81.72% |
| Total Deposits ($M) | ▲ | $173 | +44.40 | $129 |
| Shareholders Equity ($M) | ▲ | $18 | +1.99 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.99 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.80 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 72.83% | -8.89 | 81.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.31% | +0.37 | 1.94% |
| Allowance / Loans (%) | — | 0.68% | 0.00% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 3.50% | +0.83 | 2.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆███▆ | Net Interest Margin (%) | 3.76% | 3.82% | 3.92% | 3.99% | 4.06% | 4.08% | 4.06% | 3.98% |
| ▁▁▇██▇██ | Return on Assets (%) | -3.55% | -3.23% | -0.64% | -0.24% | -0.12% | -0.77% | 0.01% | 0.02% |
| █▇▅▄▂▁▁▁ | Efficiency Ratio (%) | 122.6% | 116.7% | 107.3% | 102.8% | 96.9% | 90.1% | 90.0% | 92.0% |
| ██▅▃▂▂▁▁ | Cost of Funds (%) | 2.58% | 2.55% | 2.25% | 2.07% | 2.01% | 2.00% | 1.94% | 1.87% |
| ▄▁▃▁▃█▆▁ | NPA / Assets (%) | 4.01% | 1.81% | 3.51% | 1.94% | 3.76% | 7.32% | 5.91% | 2.31% |
| ▅▁▃▁▃█▇▂ | Net Charge-Off Ratio (%) | 6.60% | 2.59% | 4.68% | 2.67% | 5.18% | 9.68% | 7.92% | 3.50% |
| ▅▄▃▃▃▁▁█ | Tang. Book Value ($M) | $17 | $16 | $16 | $16 | $16 | $15 | $15 | $18 |
| ▁▂▄▅▇██▇ | Gross Loans ($M) | $73 | $86 | $98 | $106 | $122 | $130 | $136 | $127 |
| ▁▁▂▃▆▇██ | Total Deposits ($M) | $103 | $107 | $114 | $129 | $151 | $156 | $166 | $173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 38% |
| C&I / Commercial | 53% |
| Agricultural | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 20% |