Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.00 | 1.35% |
| Return on Equity (%) | ▼ | 18.27% | -0.08 | 18.35% |
| Net Interest Margin (%) | ▼ | 3.46% | -0.18 | 3.64% |
| Efficiency Ratio (%) | ▼ | 64.51% | +0.99 | 63.51% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.28 | $2 |
| Cost of Funds (%) | ▼ | 1.38% | +0.04 | 1.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $467 | +33.10 | $434 |
| Gross Loans ($M) | ▲ | $204 | +4.24 | $200 |
| Loan Growth YoY (%) | ▼ | 46.83% | -2.25 | 49.08% |
| Total Deposits ($M) | ▲ | $430 | +28.68 | $401 |
| Shareholders Equity ($M) | ▲ | $36 | +7.25 | $28 |
| Tang. Book Value ($M) | ▲ | $33 | +7.25 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +6.87 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 46.83% | -2.25 | 49.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.12% | +1.06 | 0.06% |
| Allowance / Loans (%) | — | 1.45% | -0.11% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 2.57% | +2.43 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.50% | +1.44 | 17.06% |
Noninterest income ($0.72M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁██▆▇▁▁ | Net Interest Margin (%) | 3.46% | 3.47% | 3.65% | 3.64% | 3.59% | 3.61% | 3.48% | 3.46% |
| ▅▅▁███▇█ | Return on Assets (%) | 1.16% | 1.19% | 0.92% | 1.35% | 1.31% | 1.33% | 1.29% | 1.35% |
| ▅▄█▁▂▁▅▂ | Efficiency Ratio (%) | 66.5% | 66.1% | 69.5% | 63.5% | 64.7% | 63.3% | 66.5% | 64.5% |
| █▅▂▁▇█▃▂ | Cost of Funds (%) | 1.53% | 1.44% | 1.37% | 1.34% | 1.48% | 1.51% | 1.40% | 1.38% |
| ▁▁▁▁▁▆▅█ | NPA / Assets (%) | 0.10% | 0.11% | 0.10% | 0.06% | 0.06% | 0.84% | 0.68% | 1.12% |
| ▁▁▁▁▁▆▅█ | Net Charge-Off Ratio (%) | 0.22% | 0.25% | 0.16% | 0.14% | 0.14% | 1.88% | 1.58% | 2.57% |
| █▃▆▁▄▅▆▇ | Tang. Book Value ($M) | $35 | $29 | $32 | $26 | $29 | $31 | $32 | $33 |
| ▁▁▆▇▆█▇█ | Gross Loans ($M) | $188 | $185 | $199 | $200 | $199 | $204 | $202 | $204 |
| ▁▁▂▅▇▇██ | Total Deposits ($M) | $366 | $373 | $378 | $401 | $417 | $417 | $427 | $430 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 7% |