Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.27% | -0.59 | 1.86% |
| Return on Equity (%) | ▼ | 18.31% | -14.42 | 32.73% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.11 | 4.60% |
| Efficiency Ratio (%) | ▼ | 68.84% | +9.86 | 58.98% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.21 | $1 |
| Cost of Funds (%) | ▲ | 1.63% | -0.20 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $218 | +24.77 | $193 |
| Gross Loans ($M) | ▲ | $144 | +23.61 | $120 |
| Loan Growth YoY (%) | ▲ | 71.04% | +5.15 | 65.88% |
| Total Deposits ($M) | ▲ | $200 | +19.50 | $180 |
| Shareholders Equity ($M) | ▲ | $16 | +4.70 | $11 |
| Tang. Book Value ($M) | ▲ | $15 | +3.90 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +4.06 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 71.04% | +5.15 | 65.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.12 | 0.30% |
| Allowance / Loans (%) | — | 1.29% | 0.14% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 0.64% | +0.16 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█████ | Net Interest Margin (%) | 3.71% | 3.86% | 4.50% | 4.60% | 4.59% | 4.63% | 4.63% | 4.71% |
| ▂▂██▇▆▁▁ | Return on Assets (%) | 1.33% | 1.39% | 1.83% | 1.86% | 1.76% | 1.64% | 1.24% | 1.27% |
| ▅▅▁▁▂▄██ | Efficiency Ratio (%) | 65.0% | 64.6% | 59.8% | 59.0% | 60.5% | 63.3% | 67.8% | 68.8% |
| █▆▃▂▂▃▁▁ | Cost of Funds (%) | 2.55% | 2.29% | 1.93% | 1.83% | 1.83% | 1.88% | 1.73% | 1.63% |
| ▂▂▁▂▂██▃ | NPA / Assets (%) | 0.30% | 0.31% | 0.03% | 0.30% | 0.28% | 1.34% | 1.47% | 0.42% |
| ▂▂▁▂▂██▃ | Net Charge-Off Ratio (%) | 0.48% | 0.49% | 0.05% | 0.48% | 0.45% | 2.06% | 2.14% | 0.64% |
| ▃▁▂▂▅▅▅█ | Tang. Book Value ($M) | $11 | $10 | $11 | $11 | $12 | $13 | $12 | $15 |
| ▁▁▂▂▃▃▆█ | Gross Loans ($M) | $114 | $118 | $120 | $120 | $122 | $123 | $134 | $144 |
| ▁▄▅▅▅▄▅█ | Total Deposits ($M) | $150 | $172 | $175 | $180 | $181 | $174 | $180 | $200 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |