Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.38% | -0.37 | 1.75% |
| Return on Equity (%) | ▼ | 20.13% | -9.85 | 29.98% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.18 | 3.39% |
| Efficiency Ratio (%) | ▼ | 55.88% | +9.33 | 46.55% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.07 | $2 |
| Cost of Funds (%) | ▲ | 1.88% | -0.24 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $493 | -2.92 | $496 |
| Gross Loans ($M) | ▼ | $305 | -16.17 | $321 |
| Loan Growth YoY (%) | ▼ | 68.56% | -5.23 | 73.78% |
| Total Deposits ($M) | ▲ | $440 | +9.14 | $431 |
| Shareholders Equity ($M) | ▲ | $34 | +4.29 | $29 |
| Tang. Book Value ($M) | ▲ | $34 | +4.29 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +5.61 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 68.56% | -5.23 | 73.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.59% | -0.63 | 1.22% |
| Allowance / Loans (%) | — | 1.18% | 0.09% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.03 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.01M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▃▁▁▁▃█ | Net Interest Margin (%) | 3.53% | 3.56% | 3.44% | 3.39% | 3.39% | 3.39% | 3.45% | 3.57% |
| ███▆▇▅▆▁ | Return on Assets (%) | 1.87% | 1.85% | 1.86% | 1.75% | 1.80% | 1.64% | 1.74% | 1.38% |
| ▁▂▂▃▂▃▄█ | Efficiency Ratio (%) | 41.2% | 43.1% | 44.3% | 46.6% | 44.8% | 45.9% | 47.5% | 55.9% |
| █▆▆▅▄▂▁▂ | Cost of Funds (%) | 2.43% | 2.16% | 2.16% | 2.12% | 2.05% | 1.81% | 1.70% | 1.88% |
| ▁▁███▄▄▄ | NPA / Assets (%) | 0.03% | 0.01% | 1.37% | 1.22% | 1.21% | 0.63% | 0.63% | 0.59% |
| ▁▁█▁▁▅▄▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 2.04% | 0.01% | 0.01% | 1.04% | 1.01% | 0.04% |
| ▂▁▁▁▆█▇▆ | Tang. Book Value ($M) | $31 | $29 | $29 | $29 | $34 | $36 | $35 | $34 |
| █▆▇▄▄▂▃▁ | Gross Loans ($M) | $343 | $331 | $335 | $321 | $323 | $314 | $316 | $305 |
| ▂▆▁▁▁█▄▃ | Total Deposits ($M) | $436 | $451 | $434 | $431 | $431 | $463 | $443 | $440 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 9% |
| Agricultural | 16% |
| Other | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 17% |