Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -3.96% | -2.31 | -1.65% |
| Return on Equity (%) | ▼ | -47.90% | -27.39 | -20.51% |
| Net Interest Margin (%) | ▼ | 1.12% | -0.15 | 1.26% |
| Efficiency Ratio (%) | ▲ | 121.66% | -104.65 | 226.31% |
| Pre-Provision Profit ($M) | ▲ | $1 | +2.41 | $-2 |
| Cost of Funds (%) | ▼ | 4.04% | +0.53 | 3.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $285 | -99.95 | $385 |
| Gross Loans ($M) | ▼ | $226 | -63.79 | $290 |
| Loan Growth YoY (%) | ▼ | 95.40% | -13.84 | 109.24% |
| Total Deposits ($M) | ▼ | $232 | -28.00 | $260 |
| Shareholders Equity ($M) | ▼ | $28 | -2.47 | $31 |
| Tang. Book Value ($M) | ▼ | $26 | -2.25 | $29 |
| TBV excl. AOCI ($M)** | ▼ | $27 | -2.35 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 95.40% | -13.84 | 109.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.23% | +0.89 | 0.35% |
| Allowance / Loans (%) | — | 2.19% | 0.08% | 2.11% |
| Net Charge-Off Ratio (%) | ▼ | 1.56% | +1.09 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.42% | +3.37 | 16.05% |
Noninterest income ($2.38M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▅▆█▇▁▃ | Net Interest Margin (%) | 1.29% | 1.27% | 1.22% | 1.26% | 1.42% | 1.35% | 0.94% | 1.12% |
| ▅█▆▅▆▆▅▁ | Return on Assets (%) | -1.72% | -0.02% | -1.12% | -1.65% | -1.36% | -1.48% | -1.94% | -3.96% |
| ▂▂▇█▅▅█▁ | Efficiency Ratio (%) | 145.9% | 144.1% | 217.7% | 226.3% | 185.1% | 194.8% | 240.1% | 121.7% |
| ▆▅▃▂▃▂▁█ | Cost of Funds (%) | 3.82% | 3.72% | 3.56% | 3.51% | 3.56% | 3.54% | 3.38% | 4.04% |
| ▂▂▁▁▁▁▃█ | NPA / Assets (%) | 0.54% | 0.54% | 0.40% | 0.35% | 0.39% | 0.45% | 0.59% | 1.23% |
| ▂▂▁▁▁▁▃█ | Net Charge-Off Ratio (%) | 0.71% | 0.72% | 0.52% | 0.46% | 0.51% | 0.58% | 0.79% | 1.56% |
| ▁█▇▆▅▃▁▃ | Tang. Book Value ($M) | $25 | $30 | $29 | $29 | $28 | $26 | $24 | $26 |
| ██▇▆▆▅▄▁ | Gross Loans ($M) | $313 | $303 | $296 | $290 | $284 | $278 | $269 | $226 |
| █▇▅▅▂▁▂▁ | Total Deposits ($M) | $284 | $276 | $259 | $260 | $244 | $234 | $241 | $232 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 2% |
| Agricultural | 1% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 13% |