Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.26 | 1.38% |
| Return on Equity (%) | ▲ | 16.63% | +0.83 | 15.80% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.20 | 3.99% |
| Efficiency Ratio (%) | ▲ | 54.73% | -4.10 | 58.83% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.51 | $4 |
| Cost of Funds (%) | ▲ | 1.94% | -0.12 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $823 | +46.61 | $777 |
| Gross Loans ($M) | ▲ | $626 | +37.37 | $589 |
| Loan Growth YoY (%) | ▼ | 95.49% | -1.28 | 96.76% |
| Total Deposits ($M) | ▲ | $647 | +45.31 | $602 |
| Shareholders Equity ($M) | ▲ | $83 | +12.96 | $70 |
| Tang. Book Value ($M) | ▲ | $65 | +8.56 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +9.14 | $63 |
| Loan / Deposit Ratio (%) | ▼ | 95.49% | -1.28 | 96.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +0.90 | 0.62% |
| Allowance / Loans (%) | — | 1.30% | 0.22% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.99% | +1.17 | 0.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.08% | +0.57 | 10.50% |
Noninterest income ($2.19M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▇▇▇█ | Net Interest Margin (%) | 3.60% | 3.71% | 3.87% | 3.99% | 4.08% | 4.09% | 4.10% | 4.19% |
| ▁▂▄▅▅▅██ | Return on Assets (%) | 0.97% | 1.11% | 1.25% | 1.38% | 1.41% | 1.36% | 1.72% | 1.64% |
| █▇▆▄▄▄▁▂ | Efficiency Ratio (%) | 64.7% | 63.2% | 61.3% | 58.8% | 57.7% | 57.7% | 53.0% | 54.7% |
| ██▅▄▄▃▂▁ | Cost of Funds (%) | 2.21% | 2.19% | 2.10% | 2.06% | 2.06% | 2.03% | 1.98% | 1.94% |
| ▁▁▁▃▃███ | NPA / Assets (%) | 0.26% | 0.33% | 0.38% | 0.62% | 0.65% | 1.59% | 1.52% | 1.52% |
| ▁▁▁▃▃███ | Net Charge-Off Ratio (%) | 0.36% | 0.46% | 0.50% | 0.82% | 0.84% | 2.09% | 2.05% | 1.99% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $50 | $50 | $53 | $57 | $59 | $61 | $63 | $65 |
| ▁▁▃▅▆█▇█ | Gross Loans ($M) | $550 | $552 | $570 | $589 | $602 | $618 | $611 | $626 |
| ▁▂▂▃▃▇██ | Total Deposits ($M) | $581 | $594 | $591 | $602 | $604 | $636 | $644 | $647 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 6% |