Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.19% | -0.11 | 1.30% |
| Return on Equity (%) | ▼ | 8.16% | -1.49 | 9.65% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.24 | 4.25% |
| Efficiency Ratio (%) | ▼ | 64.45% | +7.50 | 56.95% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.47% | -0.21 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $190 | -8.18 | $199 |
| Gross Loans ($M) | ▲ | $129 | +2.78 | $126 |
| Loan Growth YoY (%) | ▲ | 85.05% | +2.60 | 82.45% |
| Total Deposits ($M) | ▼ | $149 | -1.54 | $151 |
| Shareholders Equity ($M) | ▲ | $29 | +1.06 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +1.06 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +0.53 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 85.05% | +2.60 | 82.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.27 | 0.15% |
| Allowance / Loans (%) | — | 1.28% | 0.10% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 0.61% | +0.38 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 3.66% | 3.75% | 4.14% | 4.25% | 4.30% | 4.34% | 4.41% | 4.49% |
| ▆▆▁█▅▇▅▅ | Return on Assets (%) | 1.20% | 1.21% | 1.01% | 1.30% | 1.18% | 1.24% | 1.16% | 1.19% |
| ▅▅▃▁▂▂▄█ | Efficiency Ratio (%) | 61.4% | 61.3% | 59.1% | 56.9% | 58.4% | 58.8% | 59.9% | 64.4% |
| █▆▄▅▄▃▁▁ | Cost of Funds (%) | 1.90% | 1.77% | 1.63% | 1.68% | 1.63% | 1.57% | 1.43% | 1.47% |
| ▆▅▅▁█▃▃█ | NPA / Assets (%) | 0.34% | 0.30% | 0.32% | 0.15% | 0.43% | 0.25% | 0.23% | 0.42% |
| ▇▅▆▁█▃▂▇ | Net Charge-Off Ratio (%) | 0.60% | 0.50% | 0.52% | 0.23% | 0.67% | 0.39% | 0.34% | 0.61% |
| ▅▁▄▅█▆▇█ | Tang. Book Value ($M) | $28 | $26 | $27 | $28 | $29 | $28 | $28 | $29 |
| ▁▄▄▇████ | Gross Loans ($M) | $114 | $121 | $120 | $126 | $127 | $128 | $129 | $129 |
| ▇██▃▁▅▄▁ | Total Deposits ($M) | $156 | $158 | $158 | $151 | $148 | $154 | $152 | $149 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 28% |
| Agricultural | 23% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 92% |
| Brokered / Other | 3% |