Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.60% | -0.33 | 0.93% |
| Return on Equity (%) | ▼ | 6.66% | -4.90 | 11.56% |
| Net Interest Margin (%) | ▼ | 4.25% | -0.15 | 4.40% |
| Efficiency Ratio (%) | ▼ | 80.32% | +9.85 | 70.46% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.12 | $0 |
| Cost of Funds (%) | ▲ | 2.00% | -0.16 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $104 | +4.19 | $100 |
| Gross Loans ($M) | ▲ | $78 | +3.78 | $74 |
| Loan Growth YoY (%) | ▲ | 83.84% | +1.22 | 82.62% |
| Total Deposits ($M) | ▲ | $92 | +3.25 | $89 |
| Shareholders Equity ($M) | ▲ | $9 | +1.19 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.19 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 83.84% | +1.22 | 82.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.04 | 0.25% |
| Allowance / Loans (%) | — | 1.09% | -0.10% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.05 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▇▅▆██▁▁ | Net Interest Margin (%) | 4.39% | 4.45% | 4.38% | 4.40% | 4.48% | 4.50% | 4.22% | 4.25% |
| ▅▅█▆▇▆▁▁ | Return on Assets (%) | 0.90% | 0.86% | 1.10% | 0.93% | 0.98% | 0.94% | 0.65% | 0.60% |
| ▃▄▁▁▁▂██ | Efficiency Ratio (%) | 73.2% | 74.1% | 69.9% | 70.5% | 70.7% | 71.7% | 79.1% | 80.3% |
| █▅▇██▄▁▁ | Cost of Funds (%) | 2.17% | 2.10% | 2.14% | 2.15% | 2.15% | 2.06% | 2.01% | 2.00% |
| ▅▅▁▂▆██▁ | NPA / Assets (%) | 0.37% | 0.35% | 0.19% | 0.25% | 0.38% | 0.48% | 0.47% | 0.21% |
| ▆▃▁▂▆██▁ | Net Charge-Off Ratio (%) | 0.50% | 0.40% | 0.26% | 0.33% | 0.51% | 0.64% | 0.62% | 0.29% |
| ▁▃▄▅▆███ | Tang. Book Value ($M) | $7 | $7 | $8 | $8 | $9 | $9 | $9 | $9 |
| ▁▃▅▅▆▇▇█ | Gross Loans ($M) | $69 | $72 | $74 | $74 | $75 | $76 | $76 | $78 |
| ▁▁▄▆▄▅▆█ | Total Deposits ($M) | $85 | $84 | $88 | $89 | $87 | $88 | $90 | $92 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 1% |
| Agricultural | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |