Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.57% | +0.29 | 1.28% |
| Return on Equity (%) | ▲ | 19.80% | +0.51 | 19.29% |
| Net Interest Margin (%) | ▲ | 3.27% | +0.36 | 2.92% |
| Efficiency Ratio (%) | ▲ | 53.91% | -3.42 | 57.33% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.48 | $2 |
| Cost of Funds (%) | ▲ | 1.72% | -0.20 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $675 | +44.87 | $630 |
| Gross Loans ($M) | ▲ | $398 | +24.79 | $373 |
| Loan Growth YoY (%) | ▲ | 71.91% | +0.05 | 71.86% |
| Total Deposits ($M) | ▲ | $548 | +33.71 | $515 |
| Shareholders Equity ($M) | ▲ | $53 | +9.02 | $44 |
| Tang. Book Value ($M) | ▲ | $52 | +9.05 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +9.73 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 71.91% | +0.05 | 71.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.06 | 0.07% |
| Allowance / Loans (%) | — | 0.98% | 0.01% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.17 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.75% | +0.60 | 14.15% |
Noninterest income ($0.84M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.54% | 2.60% | 2.83% | 2.92% | 2.98% | 3.04% | 3.24% | 3.27% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | 0.88% | 0.93% | 1.21% | 1.28% | 1.32% | 1.33% | 1.52% | 1.57% |
| █▇▃▃▂▂▁▁ | Efficiency Ratio (%) | 67.4% | 65.5% | 58.5% | 57.3% | 56.8% | 57.0% | 54.0% | 53.9% |
| █▇▅▅▅▅▄▁ | Cost of Funds (%) | 2.05% | 1.99% | 1.93% | 1.92% | 1.92% | 1.93% | 1.86% | 1.72% |
| ▂▁▁▃▂███ | NPA / Assets (%) | 0.06% | 0.05% | 0.06% | 0.07% | 0.07% | 0.14% | 0.14% | 0.14% |
| ▄▁▁▂▂███ | Net Charge-Off Ratio (%) | 0.11% | 0.02% | 0.03% | 0.06% | 0.05% | 0.23% | 0.23% | 0.24% |
| ▃▁▃▃▆▇██ | Tang. Book Value ($M) | $41 | $38 | $42 | $43 | $49 | $50 | $51 | $52 |
| ▁▃▄▅▆▇██ | Gross Loans ($M) | $346 | $364 | $369 | $373 | $383 | $391 | $393 | $398 |
| ▁▄▂▅▅▅▄█ | Total Deposits ($M) | $475 | $503 | $489 | $515 | $516 | $521 | $505 | $548 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 9% |
| Agricultural | 10% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 11% |