Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.00% | +0.18 | 0.81% |
| Return on Equity (%) | ▲ | 11.13% | +1.37 | 9.76% |
| Net Interest Margin (%) | ▲ | 2.63% | +0.32 | 2.31% |
| Efficiency Ratio (%) | ▲ | 57.47% | -5.10 | 62.56% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.54 | $2 |
| Cost of Funds (%) | ▲ | 1.73% | -0.14 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $582 | +29.81 | $552 |
| Gross Loans ($M) | ▲ | $240 | +23.45 | $216 |
| Loan Growth YoY (%) | ▲ | 45.22% | +2.33 | 42.90% |
| Total Deposits ($M) | ▲ | $523 | +25.60 | $497 |
| Shareholders Equity ($M) | ▲ | $52 | +4.83 | $47 |
| Tang. Book Value ($M) | ▲ | $52 | +4.86 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +5.65 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 45.22% | +2.33 | 42.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.02 | 0.16% |
| Allowance / Loans (%) | — | 1.39% | -0.01% | 1.40% |
| Net Charge-Off Ratio (%) | ▲ | 0.34% | -0.08 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 20.58% | -0.93 | 21.52% |
Noninterest income ($1.23M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 2.27% | 2.26% | 2.25% | 2.31% | 2.38% | 2.43% | 2.56% | 2.63% |
| █▅▁▃▅▄██ | Return on Assets (%) | 1.00% | 0.89% | 0.72% | 0.81% | 0.90% | 0.87% | 1.03% | 1.00% |
| ▄█▇▆▄▆▁▁ | Efficiency Ratio (%) | 60.6% | 64.9% | 63.4% | 62.6% | 60.6% | 62.3% | 57.8% | 57.5% |
| ▂█▇█▇▇▁▁ | Cost of Funds (%) | 1.75% | 1.89% | 1.85% | 1.88% | 1.85% | 1.86% | 1.73% | 1.73% |
| ▁▁██▁▁▁▇ | NPA / Assets (%) | 0.02% | 0.01% | 0.18% | 0.16% | 0.01% | 0.02% | 0.01% | 0.14% |
| ▁▁██▁▁▁▆ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.45% | 0.42% | 0.03% | 0.05% | 0.03% | 0.34% |
| ▄▁▃▅█▇██ | Tang. Book Value ($M) | $45 | $41 | $45 | $47 | $50 | $50 | $51 | $52 |
| ▁▁▂▂▄▅▆█ | Gross Loans ($M) | $209 | $210 | $213 | $216 | $221 | $228 | $229 | $240 |
| ▁▁▃▅▆▅██ | Total Deposits ($M) | $469 | $474 | $489 | $497 | $505 | $498 | $524 | $523 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 8% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 20% |