Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.07 | 1.51% |
| Return on Equity (%) | ▼ | 16.95% | -0.97 | 17.92% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.17 | 3.63% |
| Efficiency Ratio (%) | ▲ | 47.67% | -2.68 | 50.35% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.62 | $2 |
| Cost of Funds (%) | ▲ | 1.48% | -0.22 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $511 | +18.12 | $493 |
| Gross Loans ($M) | ▲ | $271 | +22.87 | $248 |
| Loan Growth YoY (%) | ▲ | 58.78% | +3.42 | 55.35% |
| Total Deposits ($M) | ▲ | $454 | +12.88 | $441 |
| Shareholders Equity ($M) | ▲ | $49 | +5.77 | $43 |
| Tang. Book Value ($M) | ▲ | $49 | +5.77 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +5.59 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 58.78% | +3.42 | 55.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.31 | 0.36% |
| Allowance / Loans (%) | — | 1.62% | -0.07% | 1.69% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.62 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.69% | +0.31 | 17.38% |
Noninterest income ($0.77M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▂▃▃▄█ | Net Interest Margin (%) | 3.68% | 3.66% | 3.59% | 3.63% | 3.66% | 3.66% | 3.68% | 3.80% |
| ▁▁▄▄▃▂▄█ | Return on Assets (%) | 1.48% | 1.47% | 1.52% | 1.51% | 1.51% | 1.50% | 1.52% | 1.58% |
| ██▃▅▄▆▂▁ | Efficiency Ratio (%) | 52.4% | 52.8% | 49.6% | 50.4% | 50.1% | 51.0% | 49.0% | 47.7% |
| █▆▅▆▇▃▁▁ | Cost of Funds (%) | 1.83% | 1.70% | 1.68% | 1.70% | 1.74% | 1.57% | 1.49% | 1.48% |
| ▃▂▃█▅▂▃▁ | NPA / Assets (%) | 0.13% | 0.12% | 0.16% | 0.36% | 0.23% | 0.12% | 0.13% | 0.05% |
| ▂▂▃█▃▂▂▁ | Net Charge-Off Ratio (%) | 0.22% | 0.22% | 0.32% | 0.71% | 0.30% | 0.19% | 0.20% | 0.09% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $39 | $39 | $41 | $43 | $45 | $47 | $47 | $49 |
| ▄▃▁▂▃▇▆█ | Gross Loans ($M) | $256 | $249 | $242 | $248 | $252 | $265 | $262 | $271 |
| ▁▅▆▇▆███ | Total Deposits ($M) | $388 | $426 | $434 | $441 | $436 | $450 | $451 | $454 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 14% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 6% |