Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.35% | +1.23 | -0.88% |
| Return on Equity (%) | ▲ | 1.79% | +6.54 | -4.75% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.11 | 3.49% |
| Efficiency Ratio (%) | ▲ | 93.40% | -23.93 | 117.33% |
| Pre-Provision Profit ($M) | ▲ | $0 | +1.34 | $-1 |
| Cost of Funds (%) | ▲ | 0.94% | -0.28 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $332 | -3.54 | $336 |
| Gross Loans ($M) | ▼ | $99 | -6.07 | $105 |
| Loan Growth YoY (%) | ▼ | 37.56% | -2.12 | 39.68% |
| Total Deposits ($M) | ▼ | $254 | -0.81 | $255 |
| Shareholders Equity ($M) | ▲ | $65 | +0.44 | $65 |
| Tang. Book Value ($M) | ▲ | $49 | +2.46 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +3.61 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 37.56% | -2.12 | 39.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.26% | +0.23 | 1.03% |
| Allowance / Loans (%) | — | 3.13% | -0.16% | 3.29% |
| Net Charge-Off Ratio (%) | ▼ | 4.26% | +0.95 | 3.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.59% | +1.72 | 22.87% |
Noninterest income ($2.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▁▅▇▇▄█ | Net Interest Margin (%) | 3.54% | 3.54% | 3.35% | 3.49% | 3.55% | 3.55% | 3.47% | 3.60% |
| ▂▅▁▁▄▅██ | Return on Assets (%) | -0.76% | -0.18% | -1.02% | -0.88% | -0.39% | -0.25% | 0.41% | 0.35% |
| ▄▂██▆▅▁▁ | Efficiency Ratio (%) | 102.9% | 99.3% | 117.7% | 117.3% | 108.9% | 107.4% | 94.4% | 93.4% |
| ██▇▅▄▄▂▁ | Cost of Funds (%) | 1.38% | 1.34% | 1.28% | 1.21% | 1.15% | 1.15% | 1.01% | 0.94% |
| ▁▄▆▅▅▆▆█ | NPA / Assets (%) | 0.74% | 0.95% | 1.08% | 1.03% | 1.05% | 1.12% | 1.12% | 1.26% |
| ▁▅▆▅▅▆▇█ | Net Charge-Off Ratio (%) | 1.86% | 3.14% | 3.39% | 3.30% | 3.30% | 3.52% | 3.79% | 4.26% |
| ▁███████ | Tang. Book Value ($M) | $27 | $47 | $46 | $46 | $48 | $48 | $48 | $49 |
| █▃▃▂▂▁▁▁ | Gross Loans ($M) | $160 | $114 | $111 | $105 | $108 | $100 | $93 | $99 |
| █▆▂▁▂▁▁▁ | Total Deposits ($M) | $301 | $282 | $259 | $255 | $257 | $249 | $251 | $254 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 9% |
| Agricultural | 17% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 8% |