Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.64 | 1.04% |
| Return on Equity (%) | ▲ | 20.97% | +7.34 | 13.63% |
| Net Interest Margin (%) | ▲ | 3.11% | +0.47 | 2.64% |
| Efficiency Ratio (%) | ▲ | 52.72% | -8.28 | 61.00% |
| Pre-Provision Profit ($M) | ▲ | $5 | +2.01 | $3 |
| Cost of Funds (%) | ▲ | 2.97% | -0.21 | 3.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $951 | +76.88 | $874 |
| Gross Loans ($M) | ▲ | $746 | +62.64 | $684 |
| Loan Growth YoY (%) | ▼ | 97.09% | -0.48 | 97.57% |
| Total Deposits ($M) | ▲ | $758 | +67.13 | $691 |
| Shareholders Equity ($M) | ▲ | $75 | +8.69 | $66 |
| Tang. Book Value ($M) | ▲ | $73 | +8.89 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $79 | +9.44 | $69 |
| Loan / Deposit Ratio (%) | ▼ | 97.09% | -0.48 | 97.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +0.35 | 1.17% |
| Allowance / Loans (%) | — | 1.41% | -0.02% | 1.43% |
| Net Charge-Off Ratio (%) | ▲ | 1.04% | -0.46 | 1.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.40% | +0.05 | 10.35% |
Noninterest income ($5.15M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▁▄▅██ | Net Interest Margin (%) | 2.80% | 2.75% | 2.67% | 2.64% | 2.82% | 2.92% | 3.08% | 3.11% |
| ▁▁▁▁▄▃█▇ | Return on Assets (%) | 0.94% | 1.00% | 1.03% | 1.04% | 1.30% | 1.22% | 1.86% | 1.68% |
| ██▆▇▅▆▁▂ | Efficiency Ratio (%) | 63.1% | 62.4% | 59.3% | 61.0% | 57.4% | 59.8% | 50.5% | 52.7% |
| █▇▃▄▃▅▁▁ | Cost of Funds (%) | 3.51% | 3.41% | 3.13% | 3.17% | 3.13% | 3.27% | 2.97% | 2.97% |
| ▇▅▃▄▁▅█▆ | NPA / Assets (%) | 1.61% | 1.42% | 1.07% | 1.17% | 0.75% | 1.32% | 1.83% | 1.52% |
| ██▇█▁▇█▃ | Net Charge-Off Ratio (%) | 1.44% | 1.41% | 1.37% | 1.49% | 0.81% | 1.36% | 1.45% | 1.04% |
| ▁▁▂▂▅▆▇█ | Tang. Book Value ($M) | $62 | $62 | $64 | $64 | $68 | $69 | $71 | $73 |
| ▁▁▂▃▇▄▅█ | Gross Loans ($M) | $653 | $646 | $667 | $684 | $727 | $691 | $698 | $746 |
| ▁▁▁▄▄▅▅█ | Total Deposits ($M) | $648 | $660 | $657 | $691 | $696 | $704 | $715 | $758 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 11% |
| Agricultural | 8% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 14% |