Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.56% | +0.51 | 2.05% |
| Return on Equity (%) | ▲ | 30.31% | +0.88 | 29.43% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.17 | 4.04% |
| Efficiency Ratio (%) | ▲ | 42.74% | -7.50 | 50.24% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.60 | $2 |
| Cost of Funds (%) | ▲ | 1.43% | -0.17 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $381 | +29.81 | $351 |
| Gross Loans ($M) | ▲ | $213 | +8.05 | $205 |
| Loan Growth YoY (%) | ▼ | 60.89% | -1.64 | 62.53% |
| Total Deposits ($M) | ▲ | $345 | +21.91 | $324 |
| Shareholders Equity ($M) | ▲ | $33 | +7.83 | $26 |
| Tang. Book Value ($M) | ▲ | $33 | +7.83 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +9.58 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 60.89% | -1.64 | 62.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.38% | -0.11 | 1.49% |
| Allowance / Loans (%) | — | 1.16% | -0.04% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 2.29% | -0.06 | 2.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.71M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▆▇█ | Net Interest Margin (%) | 3.83% | 3.91% | 4.01% | 4.04% | 4.08% | 4.10% | 4.14% | 4.20% |
| ▁▁▁▃▄▃██ | Return on Assets (%) | 1.84% | 1.75% | 1.82% | 2.05% | 2.13% | 2.00% | 2.47% | 2.56% |
| ▆██▆▅▇▁▁ | Efficiency Ratio (%) | 51.5% | 54.6% | 53.9% | 50.2% | 49.6% | 52.5% | 43.6% | 42.7% |
| ▄█▆▇▇▇▃▁ | Cost of Funds (%) | 1.52% | 1.63% | 1.57% | 1.60% | 1.58% | 1.59% | 1.48% | 1.43% |
| ██▅▄▃▃▁▁ | NPA / Assets (%) | 1.70% | 1.70% | 1.54% | 1.49% | 1.46% | 1.44% | 1.35% | 1.38% |
| █▇▂▁▂▁▁▁ | Net Charge-Off Ratio (%) | 2.90% | 2.81% | 2.36% | 2.35% | 2.42% | 2.32% | 2.27% | 2.29% |
| ▃▁▂▃▆▇██ | Tang. Book Value ($M) | $25 | $21 | $24 | $26 | $30 | $31 | $32 | $33 |
| ▁▃▄▄▆▇▇█ | Gross Loans ($M) | $197 | $202 | $204 | $205 | $207 | $209 | $211 | $213 |
| ▁▁▂▃▇███ | Total Deposits ($M) | $309 | $309 | $314 | $324 | $339 | $348 | $347 | $345 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 19% |
| Agricultural | 2% |
| Consumer | 9% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 11% |