Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.09 | 0.86% |
| Return on Equity (%) | ▲ | 8.65% | +0.48 | 8.17% |
| Net Interest Margin (%) | ▲ | 3.19% | +0.39 | 2.80% |
| Efficiency Ratio (%) | ▲ | 66.45% | -3.02 | 69.46% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.44 | $1 |
| Cost of Funds (%) | ▲ | 1.42% | -0.03 | 1.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $400 | +19.48 | $380 |
| Gross Loans ($M) | ▲ | $183 | +18.55 | $164 |
| Loan Growth YoY (%) | ▲ | 53.39% | +2.51 | 50.88% |
| Total Deposits ($M) | ▲ | $338 | +19.34 | $319 |
| Shareholders Equity ($M) | ▲ | $45 | +4.37 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +4.43 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +4.75 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 53.39% | +2.51 | 50.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.20 | 0.12% |
| Allowance / Loans (%) | — | 1.28% | -0.00% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 0.70% | +0.43 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.38% | +0.60 | 21.78% |
Noninterest income ($0.73M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 2.64% | 2.66% | 2.64% | 2.80% | 2.87% | 2.94% | 3.02% | 3.19% |
| ▁▄▇▅▅█▃█ | Return on Assets (%) | 0.71% | 0.84% | 0.92% | 0.86% | 0.86% | 0.98% | 0.79% | 0.95% |
| █▅▅▅▄▁▅▂ | Efficiency Ratio (%) | 72.4% | 69.3% | 68.6% | 69.5% | 68.4% | 64.5% | 69.0% | 66.4% |
| ▁█▅▄▅▅▁▂ | Cost of Funds (%) | 1.40% | 1.52% | 1.46% | 1.45% | 1.47% | 1.46% | 1.39% | 1.42% |
| ▄▁▁▁█▁▁▆ | NPA / Assets (%) | 0.23% | 0.13% | 0.11% | 0.12% | 0.41% | 0.11% | 0.12% | 0.32% |
| ▃▁▁▁█▁▁▆ | Net Charge-Off Ratio (%) | 0.48% | 0.31% | 0.25% | 0.27% | 0.94% | 0.24% | 0.26% | 0.70% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $38 | $38 | $39 | $40 | $41 | $42 | $43 | $44 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $149 | $154 | $158 | $164 | $170 | $175 | $177 | $183 |
| ▁▁▃▄▆▅██ | Total Deposits ($M) | $309 | $306 | $315 | $319 | $329 | $325 | $336 | $338 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 13% |
| Agricultural | 7% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 11% |