Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.27 | 0.66% |
| Return on Equity (%) | ▲ | 10.16% | +1.69 | 8.47% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.18 | 3.71% |
| Efficiency Ratio (%) | ▲ | 70.00% | -2.27 | 72.27% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.72 | $2 |
| Cost of Funds (%) | ▲ | 1.64% | -0.03 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $798 | +153.29 | $645 |
| Gross Loans ($M) | ▲ | $533 | +97.26 | $436 |
| Loan Growth YoY (%) | ▼ | 72.98% | -0.15 | 73.13% |
| Total Deposits ($M) | ▲ | $722 | +131.83 | $590 |
| Shareholders Equity ($M) | ▲ | $70 | +20.30 | $50 |
| Tang. Book Value ($M) | ▲ | $62 | +12.55 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +14.76 | $56 |
| Loan / Deposit Ratio (%) | ▼ | 72.98% | -0.15 | 73.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.38 | 0.50% |
| Allowance / Loans (%) | — | 1.25% | 0.17% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.83% | +0.09 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.07M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▂▃▂▇█ | Net Interest Margin (%) | 3.68% | 3.73% | 3.71% | 3.71% | 3.74% | 3.73% | 3.85% | 3.89% |
| ▇▇█▁▃▁▇█ | Return on Assets (%) | 0.88% | 0.88% | 0.90% | 0.66% | 0.73% | 0.65% | 0.89% | 0.93% |
| ▁▁▆▅▅█▄▂ | Efficiency Ratio (%) | 69.2% | 69.7% | 73.1% | 72.3% | 72.6% | 75.0% | 71.4% | 70.0% |
| ▁▁▃▄█▁▄▃ | Cost of Funds (%) | 1.58% | 1.56% | 1.62% | 1.67% | 1.81% | 1.58% | 1.67% | 1.64% |
| ▂▁▁▁▂▁▁█ | NPA / Assets (%) | 0.59% | 0.54% | 0.50% | 0.50% | 0.58% | 0.54% | 0.52% | 0.88% |
| █▇▆▇██▁█ | Net Charge-Off Ratio (%) | 0.86% | 0.76% | 0.72% | 0.74% | 0.84% | 0.81% | 0.28% | 0.83% |
| ▁▁▂▂▃███ | Tang. Book Value ($M) | $48 | $46 | $49 | $50 | $52 | $63 | $64 | $62 |
| ▁▂▃▃▄▇██ | Gross Loans ($M) | $386 | $409 | $425 | $436 | $441 | $503 | $515 | $533 |
| ▁▁▂▃▃▇▇█ | Total Deposits ($M) | $515 | $531 | $561 | $590 | $580 | $683 | $689 | $722 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 15% |
| Agricultural | 1% |
| Consumer | 7% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |