Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.18% | -0.37 | 0.55% |
| Return on Equity (%) | ▼ | 1.38% | -3.11 | 4.49% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.03 | 4.17% |
| Efficiency Ratio (%) | ▼ | 92.59% | +8.64 | 83.95% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.21 | $0 |
| Cost of Funds (%) | ▼ | 0.95% | +0.02 | 0.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $105 | -0.60 | $106 |
| Gross Loans ($M) | ▼ | $43 | -12.77 | $56 |
| Loan Growth YoY (%) | ▼ | 47.42% | -13.37 | 60.79% |
| Total Deposits ($M) | ▼ | $90 | -1.13 | $91 |
| Shareholders Equity ($M) | ▲ | $14 | +0.46 | $14 |
| Tang. Book Value ($M) | ▲ | $14 | +0.46 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.74 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 47.42% | -13.37 | 60.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.59% | -1.66 | 2.24% |
| Allowance / Loans (%) | — | 1.60% | 0.34% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 1.42% | -2.77 | 4.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆█▃▅ | Net Interest Margin (%) | 3.94% | 3.98% | 4.00% | 4.17% | 4.26% | 4.42% | 4.11% | 4.19% |
| ▇▇▄▇▁█▅▁ | Return on Assets (%) | 0.55% | 0.58% | 0.41% | 0.55% | 0.17% | 0.67% | 0.43% | 0.18% |
| ▁▁▅▂█▁▄█ | Efficiency Ratio (%) | 82.8% | 82.6% | 87.6% | 84.0% | 93.3% | 81.5% | 87.3% | 92.6% |
| ▅█▆▁▁▁▁▂ | Cost of Funds (%) | 1.07% | 1.19% | 1.10% | 0.93% | 0.92% | 0.91% | 0.91% | 0.95% |
| █████▆▁▂ | NPA / Assets (%) | 2.44% | 2.33% | 2.33% | 2.24% | 2.20% | 1.87% | 0.19% | 0.59% |
| ████▅▁▁▃ | Net Charge-Off Ratio (%) | 4.47% | 4.67% | 4.65% | 4.19% | 2.71% | 0.39% | 0.22% | 1.42% |
| ▃▁▃▅▆███ | Tang. Book Value ($M) | $14 | $13 | $13 | $14 | $14 | $14 | $14 | $14 |
| █▇▆▇▇▂▁▁ | Gross Loans ($M) | $59 | $56 | $55 | $56 | $56 | $47 | $43 | $43 |
| ▅█▆▂▂▄▄▁ | Total Deposits ($M) | $95 | $98 | $95 | $91 | $92 | $94 | $93 | $90 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 4% |
| Agricultural | 11% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 7% |