Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.15% | -0.46 | 1.62% |
| Return on Equity (%) | ▼ | 7.81% | -5.87 | 13.68% |
| Net Interest Margin (%) | ▼ | 4.02% | -0.33 | 4.36% |
| Efficiency Ratio (%) | ▼ | 59.98% | +8.95 | 51.04% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.22 | $1 |
| Cost of Funds (%) | ▼ | 1.26% | +0.15 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $192 | +1.58 | $191 |
| Gross Loans ($M) | ▼ | $94 | -10.50 | $104 |
| Loan Growth YoY (%) | ▼ | 57.85% | -5.74 | 63.59% |
| Total Deposits ($M) | ▼ | $158 | -2.22 | $161 |
| Shareholders Equity ($M) | ▲ | $30 | +4.61 | $25 |
| Tang. Book Value ($M) | ▲ | $30 | +4.61 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +4.69 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 57.85% | -5.74 | 63.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.31% | -1.55 | 2.86% |
| Allowance / Loans (%) | — | 2.46% | 0.25% | 2.22% |
| Net Charge-Off Ratio (%) | ▲ | 2.66% | -2.54 | 5.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▄▄▅▄▁▂ | Net Interest Margin (%) | 5.11% | 4.92% | 4.29% | 4.36% | 4.49% | 4.39% | 3.67% | 4.02% |
| █▅▅▆▅▃▁▁ | Return on Assets (%) | 1.91% | 1.57% | 1.54% | 1.62% | 1.55% | 1.34% | 1.11% | 1.15% |
| ▂▁▄▃▄▄██ | Efficiency Ratio (%) | 50.3% | 47.0% | 52.7% | 51.0% | 52.6% | 53.8% | 60.7% | 60.0% |
| ▆▁▂▅▅▁▁█ | Cost of Funds (%) | 1.15% | 0.94% | 1.00% | 1.11% | 1.13% | 0.96% | 0.96% | 1.26% |
| ▁▃▄▅█▅▅▂ | NPA / Assets (%) | 0.22% | 1.49% | 2.57% | 2.86% | 5.29% | 2.95% | 2.77% | 1.31% |
| ▁▃▅▄█▅▅▂ | Net Charge-Off Ratio (%) | 0.38% | 2.94% | 5.59% | 5.21% | 10.24% | 5.92% | 6.10% | 2.66% |
| ▁▁▂▄▅███ | Tang. Book Value ($M) | $22 | $22 | $23 | $25 | $26 | $29 | $29 | $30 |
| ▃▅▂█▄▃▁▃ | Gross Loans ($M) | $95 | $98 | $93 | $104 | $96 | $95 | $90 | $94 |
| ▁▆█▅▃▄▆▄ | Total Deposits ($M) | $147 | $166 | $174 | $161 | $155 | $159 | $166 | $158 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 28% |
| C&I / Commercial | 11% |
| Agricultural | 56% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 34% |
| Brokered / Other | 20% |