Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.36 | 0.75% |
| Return on Equity (%) | ▲ | 12.56% | +3.61 | 8.95% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.34 | 3.72% |
| Efficiency Ratio (%) | ▲ | 67.95% | -5.78 | 73.73% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.40 | $2 |
| Cost of Funds (%) | ▲ | 2.27% | -0.19 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $793 | +51.04 | $742 |
| Gross Loans ($M) | ▲ | $649 | +77.10 | $572 |
| Loan Growth YoY (%) | ▲ | 95.47% | +10.47 | 85.00% |
| Total Deposits ($M) | ▲ | $674 | +6.72 | $667 |
| Shareholders Equity ($M) | ▲ | $70 | +7.14 | $63 |
| Tang. Book Value ($M) | ▲ | $69 | +7.14 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +6.89 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 95.47% | +10.47 | 85.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.12 | 0.54% |
| Allowance / Loans (%) | — | 0.92% | 0.03% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 0.76% | +0.05 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.88% | +0.05 | 11.83% |
Noninterest income ($1.20M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▆██ | Net Interest Margin (%) | 3.65% | 3.64% | 3.62% | 3.72% | 3.80% | 3.91% | 4.08% | 4.06% |
| ▁▂▁▁▂▃██ | Return on Assets (%) | 0.74% | 0.80% | 0.70% | 0.75% | 0.79% | 0.84% | 1.10% | 1.11% |
| ▇▆█▅▄▃▁▁ | Efficiency Ratio (%) | 75.4% | 74.2% | 77.9% | 73.7% | 71.3% | 70.2% | 66.8% | 68.0% |
| ▇█▇▆▅▃▁▃ | Cost of Funds (%) | 2.48% | 2.58% | 2.47% | 2.47% | 2.39% | 2.27% | 2.14% | 2.27% |
| ▁▁▁▆████ | NPA / Assets (%) | 0.09% | 0.06% | 0.10% | 0.54% | 0.70% | 0.75% | 0.69% | 0.67% |
| ▁▁▁▇██▇▇ | Net Charge-Off Ratio (%) | 0.12% | 0.08% | 0.12% | 0.70% | 0.89% | 0.86% | 0.78% | 0.76% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $60 | $59 | $61 | $62 | $65 | $66 | $68 | $69 |
| ▁▁▂▂▂▅██ | Gross Loans ($M) | $547 | $556 | $570 | $572 | $568 | $605 | $649 | $649 |
| ▁▆▆█▆▇██ | Total Deposits ($M) | $592 | $649 | $648 | $667 | $644 | $657 | $669 | $674 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 22% |