Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.39 | 0.52% |
| Return on Equity (%) | ▲ | 11.25% | +3.15 | 8.10% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.45 | 3.19% |
| Efficiency Ratio (%) | ▲ | 75.30% | -9.76 | 85.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $0 |
| Cost of Funds (%) | ▲ | 0.60% | -0.13 | 0.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $208 | -4.68 | $213 |
| Gross Loans ($M) | ▲ | $129 | +5.43 | $123 |
| Loan Growth YoY (%) | ▲ | 67.76% | +3.46 | 64.29% |
| Total Deposits ($M) | ▼ | $187 | -1.96 | $189 |
| Shareholders Equity ($M) | ▲ | $18 | +2.74 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +2.74 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +2.31 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 67.76% | +3.46 | 64.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.03% | +0.33 | 0.70% |
| Allowance / Loans (%) | — | 1.52% | 0.11% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 1.66% | +0.46 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.22% | +0.58 | 16.64% |
Noninterest income ($1.02M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.68% | 2.77% | 3.07% | 3.19% | 3.24% | 3.31% | 3.55% | 3.64% |
| ▂▁▃▂▃▃██ | Return on Assets (%) | 0.47% | 0.38% | 0.54% | 0.52% | 0.55% | 0.59% | 0.99% | 0.91% |
| ▇█▇▇▆▅▁▂ | Efficiency Ratio (%) | 85.3% | 88.6% | 84.8% | 85.1% | 83.7% | 82.1% | 71.8% | 75.3% |
| █▇▄▃▄▃▂▁ | Cost of Funds (%) | 1.08% | 1.02% | 0.83% | 0.72% | 0.82% | 0.74% | 0.66% | 0.60% |
| ▁▁▁▆▆▅██ | NPA / Assets (%) | 0.10% | 0.08% | 0.19% | 0.70% | 0.71% | 0.57% | 1.04% | 1.03% |
| ▁▁▁▆▆▅██ | Net Charge-Off Ratio (%) | 0.21% | 0.14% | 0.34% | 1.20% | 1.21% | 0.96% | 1.75% | 1.66% |
| ▃▁▃▄▆▇██ | Tang. Book Value ($M) | $14 | $12 | $14 | $15 | $16 | $17 | $17 | $18 |
| ▂▂▁▄▅▆▆█ | Gross Loans ($M) | $121 | $121 | $119 | $123 | $124 | $126 | $125 | $129 |
| █▂▅▃▂▁▃▃ | Total Deposits ($M) | $203 | $184 | $192 | $189 | $185 | $181 | $187 | $187 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 7% |
| Agricultural | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 87% |