Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.22 | 0.53% |
| Return on Equity (%) | ▲ | 9.03% | +2.11 | 6.92% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.40 | 3.93% |
| Efficiency Ratio (%) | ▲ | 75.51% | -9.27 | 84.78% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.53 | $1 |
| Cost of Funds (%) | ▼ | 1.58% | +0.01 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $397 | +15.13 | $382 |
| Gross Loans ($M) | ▲ | $319 | +22.50 | $297 |
| Loan Growth YoY (%) | ▲ | 100.57% | +2.66 | 97.91% |
| Total Deposits ($M) | ▲ | $313 | +13.75 | $300 |
| Shareholders Equity ($M) | ▲ | $33 | +3.59 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +3.59 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.08 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 100.57% | +2.66 | 97.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.86% | -0.72 | 1.58% |
| Allowance / Loans (%) | — | 1.29% | 0.14% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 1.07% | -0.96 | 2.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.77% | +0.48 | 9.29% |
Noninterest income ($1.01M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄██ | Net Interest Margin (%) | 3.76% | 3.74% | 3.88% | 3.93% | 3.96% | 4.00% | 4.29% | 4.33% |
| ▃▃▂▅▇▇▁█ | Return on Assets (%) | 0.38% | 0.37% | 0.36% | 0.53% | 0.63% | 0.63% | 0.23% | 0.75% |
| ███▆▆▅▂▁ | Efficiency Ratio (%) | 88.5% | 87.9% | 87.5% | 84.8% | 83.7% | 82.9% | 78.5% | 75.5% |
| █▄▂▂▇▄▁▂ | Cost of Funds (%) | 1.89% | 1.68% | 1.59% | 1.57% | 1.84% | 1.66% | 1.50% | 1.58% |
| ▄█▇█▆▁▁▁ | NPA / Assets (%) | 1.19% | 1.55% | 1.48% | 1.58% | 1.35% | 0.88% | 0.90% | 0.86% |
| ▄█▇█▅▁▁▁ | Net Charge-Off Ratio (%) | 1.56% | 2.10% | 1.91% | 2.03% | 1.70% | 1.13% | 1.09% | 1.07% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $27 | $27 | $28 | $29 | $30 | $31 | $31 | $32 |
| ▁▁▂▄▅▆██ | Gross Loans ($M) | $278 | $280 | $285 | $297 | $301 | $306 | $315 | $319 |
| ▁▅▁▁▄█▃▆ | Total Deposits ($M) | $297 | $310 | $297 | $300 | $306 | $319 | $304 | $313 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |