Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.36 | 1.49% |
| Return on Equity (%) | ▲ | 10.50% | +1.38 | 9.12% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.58 | 3.27% |
| Efficiency Ratio (%) | ▲ | 47.13% | -3.02 | 50.15% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.66% | -0.30 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $525 | +30.77 | $494 |
| Gross Loans ($M) | ▲ | $395 | +73.66 | $322 |
| Loan Growth YoY (%) | ▲ | 109.24% | +22.29 | 86.95% |
| Total Deposits ($M) | ▼ | $355 | -6.90 | $362 |
| Shareholders Equity ($M) | ▲ | $93 | +8.14 | $85 |
| Tang. Book Value ($M) | ▲ | $93 | +8.14 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $98 | +6.84 | $91 |
| Loan / Deposit Ratio (%) | ▲ | 109.24% | +22.29 | 86.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.79% | -0.27% | 2.06% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.00M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 2.92% | 2.96% | 3.16% | 3.27% | 3.38% | 3.45% | 3.76% | 3.85% |
| ▁▁▃▄▅▅▇█ | Return on Assets (%) | 1.16% | 1.20% | 1.35% | 1.49% | 1.55% | 1.58% | 1.72% | 1.85% |
| ██▄▃▂▂▂▁ | Efficiency Ratio (%) | 59.2% | 58.2% | 52.4% | 50.2% | 49.6% | 49.5% | 48.7% | 47.1% |
| ▇▅██▅▁▃▁ | Cost of Funds (%) | 1.94% | 1.87% | 1.99% | 1.96% | 1.85% | 1.68% | 1.76% | 1.66% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $80 | $81 | $83 | $85 | $87 | $89 | $91 | $93 |
| ▁▃▂▂▃▅▇█ | Gross Loans ($M) | $298 | $333 | $321 | $322 | $334 | $353 | $372 | $395 |
| ▁██▆▅█▇▅ | Total Deposits ($M) | $323 | $383 | $380 | $362 | $358 | $379 | $370 | $355 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 15% |