Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.43% | +0.22 | 2.21% |
| Return on Equity (%) | ▲ | 22.17% | +1.20 | 20.97% |
| Net Interest Margin (%) | ▲ | 4.72% | +0.26 | 4.47% |
| Efficiency Ratio (%) | ▲ | 51.27% | -1.67 | 52.94% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.69 | $4 |
| Cost of Funds (%) | ▲ | 1.42% | -0.16 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $710 | +58.64 | $652 |
| Gross Loans ($M) | ▲ | $487 | +38.82 | $448 |
| Loan Growth YoY (%) | ▲ | 76.56% | +0.07 | 76.49% |
| Total Deposits ($M) | ▲ | $626 | +49.38 | $576 |
| Shareholders Equity ($M) | ▲ | $80 | +9.12 | $71 |
| Tang. Book Value ($M) | ▲ | $75 | +9.12 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +9.74 | $73 |
| Loan / Deposit Ratio (%) | ▲ | 76.56% | +0.07 | 76.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.09 | 0.28% |
| Allowance / Loans (%) | — | 1.52% | 0.00% | 1.52% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.10 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.50% | +0.74 | 18.77% |
Noninterest income ($1.46M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▆▇█ | Net Interest Margin (%) | 4.37% | 4.38% | 4.35% | 4.47% | 4.54% | 4.60% | 4.67% | 4.72% |
| ▁▁▄▅▆▆▇█ | Return on Assets (%) | 1.94% | 1.98% | 2.14% | 2.21% | 2.26% | 2.26% | 2.35% | 2.43% |
| ██▂▂▂▂▁▁ | Efficiency Ratio (%) | 58.8% | 57.9% | 53.0% | 52.9% | 52.7% | 52.7% | 51.9% | 51.3% |
| █▆▄▄▃▂▁▂ | Cost of Funds (%) | 1.90% | 1.74% | 1.56% | 1.58% | 1.50% | 1.48% | 1.35% | 1.42% |
| ▁█▁▃▁▁▁▁ | NPA / Assets (%) | 0.19% | 0.53% | 0.20% | 0.28% | 0.21% | 0.22% | 0.18% | 0.19% |
| ▁█▁▂▁▂▁▁ | Net Charge-Off Ratio (%) | 0.27% | 0.76% | 0.24% | 0.36% | 0.28% | 0.31% | 0.26% | 0.26% |
| ▂▁▂▃▆▅▆█ | Tang. Book Value ($M) | $64 | $62 | $65 | $66 | $71 | $69 | $72 | $75 |
| ▁▂▂▃▄▆▇█ | Gross Loans ($M) | $431 | $439 | $440 | $448 | $458 | $466 | $476 | $487 |
| ▁▁▃▂▄▅██ | Total Deposits ($M) | $565 | $571 | $583 | $576 | $592 | $598 | $629 | $626 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |