Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.18 | 1.15% |
| Return on Equity (%) | ▲ | 16.72% | +0.93 | 15.79% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.29 | 3.92% |
| Efficiency Ratio (%) | ▲ | 65.86% | -2.57 | 68.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.00 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $220 | +10.54 | $209 |
| Gross Loans ($M) | ▲ | $141 | +7.05 | $134 |
| Loan Growth YoY (%) | ▼ | 69.00% | -1.55 | 70.54% |
| Total Deposits ($M) | ▲ | $202 | +14.41 | $187 |
| Shareholders Equity ($M) | ▲ | $17 | +2.10 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.10 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.19 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 69.00% | -1.55 | 70.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.06 | 0.00% |
| Allowance / Loans (%) | — | 1.14% | -0.06% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.73% | +0.55 | 11.18% |
Noninterest income ($0.59M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▆▇██ | Net Interest Margin (%) | 3.50% | 3.65% | 3.92% | 3.92% | 4.01% | 4.06% | 4.22% | 4.21% |
| ▁▁▂▄▃▄▆█ | Return on Assets (%) | 1.03% | 1.06% | 1.09% | 1.15% | 1.14% | 1.17% | 1.24% | 1.33% |
| █▆█▄▃▁▂▁ | Efficiency Ratio (%) | 71.3% | 70.0% | 72.0% | 68.4% | 67.6% | 66.6% | 67.0% | 65.9% |
| █▅▁▁▄▄▁▁ | Cost of Funds (%) | 1.81% | 1.65% | 1.46% | 1.48% | 1.61% | 1.60% | 1.49% | 1.48% |
| ▁▁▁▁█▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.05% | 0.07% | 0.06% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.00% | 0.02% | 0.02% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $14 | $13 | $14 | $15 | $16 | $16 | $17 | $17 |
| ▁▂▁▅▇▇██ | Gross Loans ($M) | $126 | $129 | $125 | $134 | $137 | $138 | $141 | $141 |
| ▁▃▅▅▄▅▆█ | Total Deposits ($M) | $164 | $174 | $185 | $187 | $181 | $183 | $192 | $202 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 25% |