Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -1.12% | -1.59 | 0.47% |
| Return on Equity (%) | ▼ | -21.58% | -32.37 | 10.79% |
| Net Interest Margin (%) | ▼ | 1.60% | -0.46 | 2.07% |
| Efficiency Ratio (%) | ▼ | 98.81% | +27.51 | 71.31% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.47 | $1 |
| Cost of Funds (%) | ▲ | 2.98% | -0.11 | 3.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $365 | -51.09 | $416 |
| Gross Loans ($M) | ▼ | $81 | -0.74 | $82 |
| Loan Growth YoY (%) | ▲ | 24.60% | +0.39 | 24.21% |
| Total Deposits ($M) | ▼ | $327 | -8.39 | $336 |
| Shareholders Equity ($M) | ▲ | $20 | +2.41 | $17 |
| Tang. Book Value ($M) | ▲ | $20 | +2.41 | $17 |
| TBV excl. AOCI ($M)** | ▼ | $33 | -0.31 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 24.60% | +0.39 | 24.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.81% | 0.01% | 0.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.01% | +2.37 | 17.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▅▅▅▁▂ | Net Interest Margin (%) | 2.51% | 2.43% | 2.12% | 2.07% | 2.03% | 1.99% | 1.40% | 1.60% |
| ████▇▇▁▃ | Return on Assets (%) | 0.84% | 0.66% | 0.51% | 0.47% | 0.45% | 0.35% | -2.24% | -1.12% |
| ▁▁▃▃▃▃██ | Efficiency Ratio (%) | 55.8% | 61.1% | 69.8% | 71.3% | 72.4% | 73.8% | 104.4% | 98.8% |
| ▅▂▁▂▃▃█▁ | Cost of Funds (%) | 3.29% | 3.06% | 2.92% | 3.09% | 3.14% | 3.14% | 3.63% | 2.98% |
| █▆▄▂▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▆▄▂▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▅▁▃▁██▆█ | Tang. Book Value ($M) | $19 | $17 | $18 | $17 | $20 | $20 | $19 | $20 |
| ▁▄▂▆▂█▆▅ | Gross Loans ($M) | $78 | $81 | $79 | $82 | $79 | $84 | $82 | $81 |
| █▁▂▄▇▄▄▁ | Total Deposits ($M) | $344 | $329 | $331 | $336 | $340 | $334 | $334 | $327 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 11% |
| Agricultural | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 29% |