Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.51% | +0.20 | 0.31% |
| Return on Equity (%) | ▲ | 5.76% | +1.97 | 3.79% |
| Net Interest Margin (%) | ▲ | 3.18% | +0.37 | 2.81% |
| Efficiency Ratio (%) | ▲ | 80.19% | -8.33 | 88.52% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.52% | -0.17 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $247 | +10.47 | $237 |
| Gross Loans ($M) | ▲ | $100 | +10.92 | $89 |
| Loan Growth YoY (%) | ▲ | 44.21% | +3.27 | 40.94% |
| Total Deposits ($M) | ▲ | $224 | +8.75 | $215 |
| Shareholders Equity ($M) | ▲ | $22 | +1.95 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +1.95 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.87 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 44.21% | +3.27 | 40.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.29% | -0.18 | 0.47% |
| Allowance / Loans (%) | — | 0.72% | -0.05% | 0.77% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -0.77 | 1.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.26% | -0.38 | 21.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 2.41% | 2.45% | 2.65% | 2.81% | 2.91% | 2.97% | 3.13% | 3.18% |
| ▁▂▃▆████ | Return on Assets (%) | -0.07% | 0.02% | 0.09% | 0.31% | 0.45% | 0.48% | 0.44% | 0.51% |
| ██▆▃▁▁▂▁ | Efficiency Ratio (%) | 105.2% | 102.5% | 97.8% | 88.5% | 83.3% | 81.5% | 83.4% | 80.2% |
| ██▆▅▃▂▁▁ | Cost of Funds (%) | 1.82% | 1.85% | 1.72% | 1.68% | 1.60% | 1.53% | 1.48% | 1.52% |
| ▃▂▁█▁▃▃▃ | NPA / Assets (%) | 0.31% | 0.29% | 0.24% | 0.47% | 0.23% | 0.32% | 0.30% | 0.29% |
| ▅▄▂█▁▄▁▁ | Net Charge-Off Ratio (%) | 0.90% | 0.80% | 0.67% | 1.26% | 0.59% | 0.80% | 0.53% | 0.49% |
| ▄▁▃▄▇███ | Tang. Book Value ($M) | $20 | $18 | $19 | $20 | $21 | $22 | $22 | $22 |
| ▁▂▄▄▆▇██ | Gross Loans ($M) | $78 | $83 | $87 | $89 | $93 | $95 | $97 | $100 |
| ▁▂▅▄▅▅██ | Total Deposits ($M) | $205 | $210 | $218 | $215 | $216 | $217 | $226 | $224 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 17% |