Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.44% | -0.20 | 2.64% |
| Return on Equity (%) | ▼ | 27.45% | -5.33 | 32.78% |
| Net Interest Margin (%) | ▲ | 5.21% | +0.03 | 5.17% |
| Efficiency Ratio (%) | ▼ | 52.88% | +2.62 | 50.25% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.00 | $6 |
| Cost of Funds (%) | ▼ | 0.92% | +0.03 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $895 | +82.57 | $813 |
| Gross Loans ($M) | ▲ | $652 | +52.01 | $600 |
| Loan Growth YoY (%) | ▼ | 79.80% | -0.70 | 80.50% |
| Total Deposits ($M) | ▲ | $807 | +71.24 | $736 |
| Shareholders Equity ($M) | ▲ | $80 | +10.56 | $70 |
| Tang. Book Value ($M) | ▲ | $79 | +10.74 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $86 | +9.92 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 79.80% | -0.70 | 80.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.58% | +0.85 | 0.73% |
| Allowance / Loans (%) | — | 1.28% | -0.06% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 2.16% | +1.17 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.70M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅██▃▆ | Net Interest Margin (%) | 5.06% | 5.10% | 5.13% | 5.17% | 5.24% | 5.27% | 5.13% | 5.21% |
| ▃▄▅▇██▁▄ | Return on Assets (%) | 2.43% | 2.46% | 2.51% | 2.64% | 2.70% | 2.69% | 2.28% | 2.44% |
| ▆▆▃▁▁▁█▆ | Efficiency Ratio (%) | 53.3% | 53.2% | 51.3% | 50.3% | 50.1% | 50.2% | 54.4% | 52.9% |
| ██▁▁▂▆▄▅ | Cost of Funds (%) | 0.94% | 0.95% | 0.89% | 0.90% | 0.90% | 0.93% | 0.92% | 0.92% |
| ▁▁▁▄▄▄██ | NPA / Assets (%) | 0.02% | 0.03% | 0.02% | 0.73% | 0.77% | 0.77% | 1.41% | 1.58% |
| ▁▁▁▄▄▄██ | Net Charge-Off Ratio (%) | 0.03% | 0.04% | 0.03% | 0.99% | 1.04% | 1.06% | 1.94% | 2.16% |
| ▃▁▃▄▆███ | Tang. Book Value ($M) | $66 | $60 | $66 | $68 | $74 | $77 | $77 | $79 |
| ▁▁▂▄▆▇██ | Gross Loans ($M) | $559 | $557 | $578 | $600 | $621 | $633 | $642 | $652 |
| ▂▂▃▁▄▇██ | Total Deposits ($M) | $750 | $749 | $761 | $736 | $762 | $793 | $798 | $807 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 7% |
| Agricultural | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 90% |
| Brokered / Other | 7% |