Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.67% | -0.44 | 1.10% |
| Return on Equity (%) | ▼ | 6.95% | -5.79 | 12.74% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.52 | 2.86% |
| Efficiency Ratio (%) | ▼ | 71.41% | +12.26 | 59.15% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.62 | $1 |
| Cost of Funds (%) | ▲ | 1.35% | -0.01 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $232 | +15.70 | $216 |
| Gross Loans ($M) | ▲ | $114 | +11.64 | $103 |
| Loan Growth YoY (%) | ▲ | 67.28% | +6.13 | 61.15% |
| Total Deposits ($M) | ▲ | $168 | +2.09 | $166 |
| Shareholders Equity ($M) | ▲ | $22 | +1.94 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +1.94 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.21 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 67.28% | +6.13 | 61.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.08% | 0.00 | 0.08% |
| Allowance / Loans (%) | — | 1.17% | -0.08% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.01 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▆██ | Net Interest Margin (%) | 2.18% | 2.24% | 2.80% | 2.86% | 2.90% | 3.02% | 3.33% | 3.38% |
| ▁▁▃█▅▅▅▅ | Return on Assets (%) | 0.19% | 0.14% | 0.44% | 1.10% | 0.74% | 0.71% | 0.64% | 0.67% |
| ██▆▁▂▃▄▄ | Efficiency Ratio (%) | 90.0% | 91.8% | 80.9% | 59.1% | 65.3% | 68.9% | 73.9% | 71.4% |
| █▄▂▁▃▃▁▁ | Cost of Funds (%) | 1.91% | 1.54% | 1.40% | 1.36% | 1.51% | 1.46% | 1.30% | 1.35% |
| █▅▄▄▃▁▂▃ | NPA / Assets (%) | 0.11% | 0.09% | 0.09% | 0.08% | 0.08% | 0.07% | 0.08% | 0.08% |
| █▅▄▄▃▁▂▃ | Net Charge-Off Ratio (%) | 0.23% | 0.19% | 0.18% | 0.18% | 0.17% | 0.14% | 0.15% | 0.17% |
| ▄▁▃▅▇███ | Tang. Book Value ($M) | $19 | $17 | $18 | $20 | $21 | $21 | $21 | $22 |
| ▁▁▃▄▆▅▇█ | Gross Loans ($M) | $93 | $95 | $100 | $103 | $109 | $106 | $110 | $114 |
| ▁▁██▇█▇█ | Total Deposits ($M) | $145 | $144 | $166 | $166 | $165 | $167 | $165 | $168 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 17% |
| Agricultural | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 10% |