Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.23 | 0.47% |
| Return on Equity (%) | ▲ | 7.56% | +1.91 | 5.65% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.45 | 3.46% |
| Efficiency Ratio (%) | ▲ | 77.87% | -6.65 | 84.52% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $0 |
| Cost of Funds (%) | ▲ | 1.53% | -0.12 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $310 | +0.78 | $309 |
| Gross Loans ($M) | ▼ | $171 | -9.20 | $181 |
| Loan Growth YoY (%) | ▼ | 60.92% | -2.99 | 63.91% |
| Total Deposits ($M) | ▼ | $277 | -2.22 | $279 |
| Shareholders Equity ($M) | ▲ | $29 | +2.96 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +3.06 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.89 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 60.92% | -2.99 | 63.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.98% | +0.90 | 0.08% |
| Allowance / Loans (%) | — | 1.59% | 0.35% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 1.77% | +1.63 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▃▅▇█ | Net Interest Margin (%) | 3.28% | 3.36% | 3.37% | 3.46% | 3.49% | 3.62% | 3.82% | 3.91% |
| ████▁▃██ | Return on Assets (%) | 0.55% | 0.54% | 0.40% | 0.47% | -2.72% | -1.85% | 0.56% | 0.71% |
| ▄▄█▇▅▃▁▁ | Efficiency Ratio (%) | 81.0% | 81.5% | 86.2% | 84.5% | 82.9% | 80.2% | 77.5% | 77.9% |
| █▄▁█▆▇▁▄ | Cost of Funds (%) | 1.68% | 1.52% | 1.43% | 1.66% | 1.61% | 1.64% | 1.42% | 1.53% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.08% | 0.11% | 0.08% | 0.08% | 0.89% | 1.00% | 0.95% | 0.98% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.14% | 0.18% | 0.15% | 0.14% | 1.64% | 1.78% | 1.73% | 1.77% |
| ▅▁▃▃▆███ | Tang. Book Value ($M) | $26 | $24 | $25 | $25 | $27 | $28 | $28 | $29 |
| █▇▇█▆▃▂▁ | Gross Loans ($M) | $180 | $179 | $178 | $181 | $178 | $174 | $173 | $171 |
| ▃▁▆▄█▄▅▃ | Total Deposits ($M) | $274 | $265 | $289 | $279 | $298 | $278 | $286 | $277 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 13% |