Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.99% | +1.06 | 1.93% |
| Return on Equity (%) | ▲ | 25.22% | +12.44 | 12.78% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.10 | 4.32% |
| Efficiency Ratio (%) | ▲ | 56.23% | -4.11 | 60.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.89% | -0.29 | 2.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $308 | +86.94 | $221 |
| Gross Loans ($M) | ▲ | $189 | +58.13 | $131 |
| Loan Growth YoY (%) | ▲ | 68.02% | +2.93 | 65.09% |
| Total Deposits ($M) | ▲ | $263 | +79.98 | $183 |
| Shareholders Equity ($M) | ▲ | $38 | +4.77 | $33 |
| Tang. Book Value ($M) | ▲ | $36 | +2.73 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +4.07 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 68.02% | +2.93 | 65.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -1.10 | 1.28% |
| Allowance / Loans (%) | — | 5.50% | -3.69% | 9.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -1.87 | 2.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.59% | -5.51 | 23.10% |
Noninterest income ($0.54M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▄█▁██▆▃ | Net Interest Margin (%) | 4.70% | 4.48% | 4.67% | 4.32% | 4.71% | 4.68% | 4.59% | 4.42% |
| ▃▃▃▂▃▂▁█ | Return on Assets (%) | 2.09% | 2.07% | 2.09% | 1.93% | 2.06% | 1.95% | 1.62% | 2.99% |
| ▃▁▇▆██▁▃ | Efficiency Ratio (%) | 56.9% | 54.4% | 61.5% | 60.3% | 62.7% | 63.6% | 53.4% | 56.2% |
| █▇▅▄▇▅▁▁ | Cost of Funds (%) | 2.57% | 2.42% | 2.21% | 2.17% | 2.44% | 2.20% | 1.83% | 1.89% |
| █▆█▆▂▂▄▁ | NPA / Assets (%) | 1.86% | 1.30% | 1.74% | 1.28% | 0.60% | 0.48% | 0.84% | 0.18% |
| ▇▆█▆▂▂▄▁ | Net Charge-Off Ratio (%) | 2.50% | 1.95% | 2.94% | 2.16% | 0.82% | 0.67% | 1.34% | 0.29% |
| ▆▆▆▇▁▁▆█ | Tang. Book Value ($M) | $31 | $32 | $32 | $33 | $24 | $25 | $32 | $36 |
| ▃▁▁▁▂▃██ | Gross Loans ($M) | $144 | $136 | $130 | $131 | $144 | $149 | $186 | $189 |
| ▁▁▂▂▁▂██ | Total Deposits ($M) | $157 | $169 | $182 | $183 | $167 | $181 | $256 | $263 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 19% |