Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.57% | +0.06 | 0.51% |
| Return on Equity (%) | ▲ | 7.62% | +0.24 | 7.38% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.34 | 3.45% |
| Efficiency Ratio (%) | ▲ | 80.05% | -2.98 | 83.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.66% | -0.22 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $552 | +15.80 | $536 |
| Gross Loans ($M) | ▲ | $395 | +9.58 | $385 |
| Loan Growth YoY (%) | ▲ | 80.17% | +0.51 | 79.66% |
| Total Deposits ($M) | ▲ | $487 | +7.92 | $479 |
| Shareholders Equity ($M) | ▲ | $42 | +3.49 | $39 |
| Tang. Book Value ($M) | ▲ | $42 | +4.17 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +4.41 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 80.17% | +0.51 | 79.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.65% | +0.61 | 0.05% |
| Allowance / Loans (%) | — | 1.21% | 0.17% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.85% | +0.85 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.90% | +0.49 | 11.41% |
Noninterest income ($0.77M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▁▃▅▆██ | Net Interest Margin (%) | 3.26% | 3.43% | 3.32% | 3.45% | 3.56% | 3.62% | 3.72% | 3.79% |
| ▃█▁▁▂▄▄▅ | Return on Assets (%) | 0.56% | 0.63% | 0.52% | 0.51% | 0.54% | 0.56% | 0.56% | 0.57% |
| ▆▁██▇▇▆▄ | Efficiency Ratio (%) | 81.5% | 77.9% | 83.4% | 83.0% | 82.5% | 82.1% | 81.7% | 80.1% |
| ▆▇██▆▁▁▁ | Cost of Funds (%) | 1.82% | 1.84% | 1.88% | 1.88% | 1.81% | 1.67% | 1.66% | 1.66% |
| ▂▁▁▁▁▁▁█ | NPA / Assets (%) | 0.13% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.65% |
| ▂▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.85% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $36 | $35 | $36 | $38 | $40 | $41 | $41 | $42 |
| ▁▂▃▆▆▄██ | Gross Loans ($M) | $363 | $369 | $375 | $385 | $383 | $378 | $394 | $395 |
| ▁▁▆▄▁▅█▆ | Total Deposits ($M) | $469 | $471 | $485 | $479 | $468 | $484 | $495 | $487 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 5% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 17% |