Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.52% | -0.37 | 0.89% |
| Return on Equity (%) | ▼ | 6.15% | -5.17 | 11.32% |
| Net Interest Margin (%) | ▲ | 3.53% | +0.03 | 3.50% |
| Efficiency Ratio (%) | ▼ | 83.67% | +13.12 | 70.55% |
| Pre-Provision Profit ($M) | ▼ | $0 | -3.22 | $3 |
| Cost of Funds (%) | ▲ | 2.09% | -0.04 | 2.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,136 | +36.19 | $1,100 |
| Gross Loans ($M) | ▲ | $812 | +21.31 | $790 |
| Loan Growth YoY (%) | ▼ | 85.54% | -5.91 | 91.45% |
| Total Deposits ($M) | ▲ | $936 | +83.00 | $853 |
| Shareholders Equity ($M) | ▲ | $96 | +9.62 | $87 |
| Tang. Book Value ($M) | ▲ | $95 | +9.66 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $105 | +10.45 | $95 |
| Loan / Deposit Ratio (%) | ▼ | 85.54% | -5.91 | 91.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.17 | 0.25% |
| Allowance / Loans (%) | — | 1.36% | 0.06% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.24 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.76M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂████▇█ | Net Interest Margin (%) | 3.19% | 3.25% | 3.50% | 3.50% | 3.52% | 3.50% | 3.47% | 3.53% |
| ▁▃▆▇███▁ | Return on Assets (%) | 0.50% | 0.66% | 0.84% | 0.89% | 0.94% | 0.96% | 0.98% | 0.52% |
| ▄▃▃▂▁▁▁█ | Efficiency Ratio (%) | 75.0% | 72.7% | 72.5% | 70.6% | 68.8% | 68.1% | 68.4% | 83.7% |
| █▃▁▁▅▃▃▁ | Cost of Funds (%) | 2.42% | 2.18% | 2.10% | 2.13% | 2.27% | 2.21% | 2.18% | 2.09% |
| ▁▂▇▃▃▃██ | NPA / Assets (%) | 0.16% | 0.22% | 0.36% | 0.25% | 0.24% | 0.25% | 0.41% | 0.42% |
| ▁▂▆▃▃▃██ | Net Charge-Off Ratio (%) | 0.22% | 0.29% | 0.49% | 0.35% | 0.34% | 0.35% | 0.59% | 0.59% |
| ▂▁▂▄▆███ | Tang. Book Value ($M) | $82 | $79 | $83 | $85 | $91 | $94 | $94 | $95 |
| ▁▅▅▆▇█▇█ | Gross Loans ($M) | $732 | $773 | $772 | $790 | $793 | $808 | $794 | $812 |
| ▂▁▃▅▆███ | Total Deposits ($M) | $779 | $747 | $813 | $853 | $888 | $921 | $921 | $936 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 11% |