Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.44% | +2.14 | 1.29% |
| Return on Equity (%) | ▲ | 31.08% | +18.97 | 12.11% |
| Net Interest Margin (%) | ▲ | 4.54% | +0.00 | 4.53% |
| Efficiency Ratio (%) | ▲ | 44.61% | -19.99 | 64.60% |
| Pre-Provision Profit ($M) | ▲ | $4 | +2.85 | $1 |
| Cost of Funds (%) | ▲ | 0.80% | -0.27 | 1.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $223 | +15.15 | $208 |
| Gross Loans ($M) | ▼ | $140 | -9.33 | $150 |
| Loan Growth YoY (%) | ▼ | 71.29% | -11.65 | 82.94% |
| Total Deposits ($M) | ▲ | $194 | +15.58 | $179 |
| Shareholders Equity ($M) | ▲ | $27 | +4.41 | $23 |
| Tang. Book Value ($M) | ▲ | $27 | +4.41 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +5.23 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 71.29% | -11.65 | 82.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.29% | -0.17 | 0.46% |
| Allowance / Loans (%) | — | 1.26% | 0.35% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.16 | 0.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.00% | +2.85 | 17.15% |
Noninterest income ($3.25M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆██▆▇▆▁▆ | Net Interest Margin (%) | 4.52% | 4.58% | 4.58% | 4.53% | 4.54% | 4.52% | 4.42% | 4.54% |
| ▁▁▁▁▁▁▁█ | Return on Assets (%) | 1.34% | 1.30% | 1.32% | 1.29% | 1.27% | 1.24% | 1.42% | 3.44% |
| ███████▁ | Efficiency Ratio (%) | 64.6% | 64.2% | 65.2% | 64.6% | 64.6% | 64.2% | 64.7% | 44.6% |
| ▆▆▆██▅▃▁ | Cost of Funds (%) | 0.98% | 0.98% | 0.98% | 1.08% | 1.08% | 0.97% | 0.88% | 0.80% |
| ▁▂▄▅▇█▇▃ | NPA / Assets (%) | 0.02% | 0.17% | 0.41% | 0.46% | 0.66% | 0.82% | 0.70% | 0.29% |
| ▁▂▃▄▆█▇▃ | Net Charge-Off Ratio (%) | 0.03% | 0.22% | 0.43% | 0.49% | 0.81% | 1.16% | 0.97% | 0.33% |
| ▂▁▂▃▄▄▄█ | Tang. Book Value ($M) | $22 | $21 | $22 | $23 | $24 | $23 | $24 | $27 |
| ██▇▆▆▂▁▁ | Gross Loans ($M) | $153 | $153 | $152 | $150 | $149 | $143 | $141 | $140 |
| ▁▁▂▂▅█▇▆ | Total Deposits ($M) | $173 | $176 | $180 | $179 | $191 | $204 | $200 | $194 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |