Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.51 | 1.12% |
| Return on Equity (%) | ▲ | 21.13% | +3.27 | 17.86% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.39 | 3.18% |
| Efficiency Ratio (%) | ▲ | 62.92% | -5.37 | 68.29% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 1.17% | -0.15 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $318 | -4.80 | $323 |
| Gross Loans ($M) | ▼ | $150 | -1.38 | $152 |
| Loan Growth YoY (%) | ▲ | 51.23% | +0.91 | 50.32% |
| Total Deposits ($M) | ▼ | $291 | -7.90 | $298 |
| Shareholders Equity ($M) | ▲ | $25 | +2.91 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.91 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +3.04 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 51.23% | +0.91 | 50.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.07% | -0.02% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.52% | +0.71 | 15.81% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 2.85% | 2.88% | 3.03% | 3.18% | 3.24% | 3.27% | 3.42% | 3.58% |
| ▁▁▁▄▄▃██ | Return on Assets (%) | 0.86% | 0.76% | 0.85% | 1.12% | 1.11% | 1.00% | 1.53% | 1.63% |
| ▇█▅▃▃▅▂▁ | Efficiency Ratio (%) | 75.2% | 77.8% | 71.3% | 68.3% | 67.9% | 71.4% | 65.0% | 62.9% |
| █▇▄▄▅▃▁▁ | Cost of Funds (%) | 1.49% | 1.42% | 1.31% | 1.31% | 1.36% | 1.27% | 1.15% | 1.17% |
| ▂▁▁▁▁█▂▁ | NPA / Assets (%) | 0.02% | 0.01% | 0.00% | 0.00% | 0.01% | 0.09% | 0.02% | 0.00% |
| ▂▁▁▁▁█▂▁ | Net Charge-Off Ratio (%) | 0.05% | 0.02% | 0.01% | 0.01% | 0.03% | 0.18% | 0.04% | 0.01% |
| ▃▁▃▅▇█▇█ | Tang. Book Value ($M) | $19 | $17 | $19 | $21 | $23 | $24 | $23 | $24 |
| ▅▃▁▄██▂▃ | Gross Loans ($M) | $152 | $151 | $148 | $152 | $155 | $156 | $150 | $150 |
| ▂▂█▄▁▃▆▂ | Total Deposits ($M) | $292 | $293 | $310 | $298 | $288 | $293 | $302 | $291 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 12% |
| Agricultural | 28% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 19% |