Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.37 | 0.60% |
| Return on Equity (%) | ▲ | 10.00% | +3.13 | 6.87% |
| Net Interest Margin (%) | ▲ | 2.69% | +0.41 | 2.28% |
| Efficiency Ratio (%) | ▲ | 61.58% | -10.68 | 72.26% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.51 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.29 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $547 | +16.05 | $531 |
| Gross Loans ($M) | ▼ | $180 | -2.24 | $183 |
| Loan Growth YoY (%) | ▼ | 36.49% | -4.39 | 40.88% |
| Total Deposits ($M) | ▲ | $491 | +47.13 | $443 |
| Shareholders Equity ($M) | ▲ | $53 | +4.36 | $48 |
| Tang. Book Value ($M) | ▲ | $53 | +4.36 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +3.68 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 36.49% | -4.39 | 40.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.65% | +0.08 | 0.57% |
| Allowance / Loans (%) | — | 0.82% | 0.02% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 1.96% | +0.31 | 1.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.73M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 1.88% | 1.93% | 2.24% | 2.28% | 2.34% | 2.43% | 2.67% | 2.69% |
| ▁▁▂▃▄▄██ | Return on Assets (%) | 0.37% | 0.41% | 0.51% | 0.60% | 0.63% | 0.64% | 1.03% | 0.97% |
| ██▆▆▆▄▁▁ | Efficiency Ratio (%) | 78.6% | 77.0% | 73.2% | 72.3% | 71.7% | 69.1% | 60.1% | 61.6% |
| █▇▅▅▄▂▁▂ | Cost of Funds (%) | 2.12% | 2.01% | 1.83% | 1.85% | 1.77% | 1.60% | 1.46% | 1.55% |
| ▁▁▁▄▇██▇ | NPA / Assets (%) | 0.45% | 0.47% | 0.47% | 0.57% | 0.67% | 0.68% | 0.70% | 0.65% |
| ▁▁▁▄▆▇█▇ | Net Charge-Off Ratio (%) | 1.34% | 1.37% | 1.36% | 1.66% | 1.93% | 2.02% | 2.14% | 1.96% |
| ▆▁▄▄██▆▇ | Tang. Book Value ($M) | $52 | $44 | $48 | $48 | $54 | $55 | $52 | $53 |
| ▄▃▅▆█▂▁▁ | Gross Loans ($M) | $182 | $181 | $182 | $183 | $184 | $181 | $181 | $180 |
| ▂▂▂▁▂▇██ | Total Deposits ($M) | $453 | $455 | $455 | $443 | $456 | $483 | $495 | $491 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 4% |
| Agricultural | 3% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 41% |
| Brokered / Other | 40% |