Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.00% | -0.08 | 2.08% |
| Return on Equity (%) | ▼ | 12.64% | -2.04 | 14.68% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.42 | 3.90% |
| Efficiency Ratio (%) | ▲ | 48.86% | -1.85 | 50.71% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.23 | $2 |
| Cost of Funds (%) | ▲ | 1.41% | -0.16 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $454 | -3.37 | $457 |
| Gross Loans ($M) | ▲ | $304 | +6.87 | $297 |
| Loan Growth YoY (%) | ▲ | 81.40% | +3.24 | 78.17% |
| Total Deposits ($M) | ▼ | $369 | -6.35 | $376 |
| Shareholders Equity ($M) | ▲ | $75 | +6.83 | $68 |
| Tang. Book Value ($M) | ▲ | $75 | +6.83 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +6.50 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 81.40% | +3.24 | 78.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.27 | 0.46% |
| Allowance / Loans (%) | — | 1.02% | -0.06% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.08% | +0.56 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.88M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.57% | 3.60% | 3.83% | 3.90% | 3.98% | 4.02% | 4.32% | 4.32% |
| ▁▂▇▇█▄▂▆ | Return on Assets (%) | 1.55% | 1.71% | 2.10% | 2.08% | 2.22% | 1.83% | 1.71% | 2.00% |
| ██▄▄▃▅▁▃ | Efficiency Ratio (%) | 54.7% | 55.0% | 50.2% | 50.7% | 49.4% | 50.9% | 46.8% | 48.9% |
| ██▅▄▄▃▁▁ | Cost of Funds (%) | 1.77% | 1.74% | 1.60% | 1.57% | 1.56% | 1.52% | 1.41% | 1.41% |
| ▂▁▁▄▁▅▆█ | NPA / Assets (%) | 0.30% | 0.27% | 0.23% | 0.46% | 0.22% | 0.52% | 0.54% | 0.73% |
| ▂▂▁▃▁▆▆█ | Net Charge-Off Ratio (%) | 0.46% | 0.42% | 0.36% | 0.52% | 0.27% | 0.80% | 0.83% | 1.08% |
| ▁▁▃▅▇▇██ | Tang. Book Value ($M) | $62 | $61 | $66 | $68 | $72 | $72 | $74 | $75 |
| ▁▄▅▅▅█▇▇ | Gross Loans ($M) | $284 | $295 | $297 | $297 | $296 | $309 | $306 | $304 |
| ▁██▅▂██▂ | Total Deposits ($M) | $366 | $383 | $382 | $376 | $369 | $384 | $384 | $369 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 16% |
| Agricultural | 24% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |