Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.32 | 1.23% |
| Return on Equity (%) | ▲ | 17.25% | +1.63 | 15.62% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.49 | 3.42% |
| Efficiency Ratio (%) | ▲ | 49.30% | -11.23 | 60.54% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.99 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.10 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $632 | +85.79 | $547 |
| Gross Loans ($M) | ▲ | $443 | +81.75 | $362 |
| Loan Growth YoY (%) | ▲ | 82.04% | +2.30 | 79.75% |
| Total Deposits ($M) | ▲ | $533 | +85.38 | $448 |
| Shareholders Equity ($M) | ▲ | $61 | +17.16 | $44 |
| Tang. Book Value ($M) | ▲ | $59 | +15.53 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +15.82 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 82.04% | +2.30 | 79.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.06 | 0.16% |
| Allowance / Loans (%) | — | 1.38% | 0.08% | 1.29% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.11 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.26% | +0.70 | 11.56% |
Noninterest income ($1.73M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆██ | Net Interest Margin (%) | 3.06% | 3.25% | 3.35% | 3.42% | 3.51% | 3.60% | 3.83% | 3.92% |
| ▁▁▂▅▄▄▇█ | Return on Assets (%) | 0.84% | 0.80% | 0.91% | 1.23% | 1.16% | 1.11% | 1.39% | 1.55% |
| ▇██▆▆▅▄▁ | Efficiency Ratio (%) | 63.2% | 64.5% | 66.6% | 60.5% | 60.9% | 59.8% | 56.3% | 49.3% |
| █▅▄▃▅▂▁▁ | Cost of Funds (%) | 2.16% | 1.97% | 1.90% | 1.81% | 1.94% | 1.77% | 1.68% | 1.71% |
| █▁▂▂▂▂▂▁ | NPA / Assets (%) | 0.43% | 0.08% | 0.16% | 0.16% | 0.16% | 0.14% | 0.15% | 0.10% |
| █▁▂▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.67% | 0.12% | 0.23% | 0.24% | 0.24% | 0.16% | 0.17% | 0.14% |
| ▁▁▁▂▂▃██ | Tang. Book Value ($M) | $39 | $39 | $40 | $43 | $42 | $45 | $56 | $59 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $323 | $343 | $347 | $362 | $386 | $406 | $427 | $443 |
| ▁▂▂▃▅▇██ | Total Deposits ($M) | $405 | $428 | $433 | $448 | $484 | $507 | $537 | $533 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 9% |
| Agricultural | 26% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 13% |