Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.30% | -0.05 | 0.34% |
| Return on Equity (%) | ▼ | 2.50% | -0.58 | 3.08% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.33 | 3.12% |
| Efficiency Ratio (%) | ▼ | 88.81% | +9.65 | 79.16% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.68% | -0.08 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $649 | +8.42 | $641 |
| Gross Loans ($M) | ▲ | $503 | +29.44 | $473 |
| Loan Growth YoY (%) | ▲ | 97.36% | +3.52 | 93.84% |
| Total Deposits ($M) | ▲ | $512 | +11.94 | $500 |
| Shareholders Equity ($M) | ▲ | $79 | +4.48 | $74 |
| Tang. Book Value ($M) | ▲ | $75 | +4.61 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $80 | +3.61 | $76 |
| Loan / Deposit Ratio (%) | ▲ | 97.36% | +3.52 | 93.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.36 | 0.57% |
| Allowance / Loans (%) | — | 0.92% | -0.02% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.50 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.35% | -0.18 | 15.53% |
Noninterest income ($0.93M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.64% | 2.67% | 3.01% | 3.12% | 3.20% | 3.22% | 3.35% | 3.45% |
| ▆▅█▇▆█▁▆ | Return on Assets (%) | 0.32% | 0.25% | 0.46% | 0.34% | 0.31% | 0.49% | -0.11% | 0.30% |
| ▃▃▂▂▁▁█▅ | Efficiency Ratio (%) | 83.5% | 84.4% | 79.6% | 79.2% | 77.2% | 76.0% | 101.2% | 88.8% |
| ██▄▂▂▂▁▁ | Cost of Funds (%) | 2.06% | 2.08% | 1.84% | 1.76% | 1.73% | 1.77% | 1.72% | 1.68% |
| ▅█▇▄▃▁▁▁ | NPA / Assets (%) | 0.71% | 1.15% | 0.97% | 0.57% | 0.51% | 0.24% | 0.15% | 0.21% |
| ▅█▇▄▃▁▁▁ | Net Charge-Off Ratio (%) | 1.03% | 1.66% | 1.35% | 0.77% | 0.69% | 0.34% | 0.20% | 0.26% |
| ▂▁▃▄▅█▇█ | Tang. Book Value ($M) | $68 | $67 | $69 | $70 | $72 | $74 | $74 | $75 |
| ▁▂▄▄▅▆▇█ | Gross Loans ($M) | $448 | $459 | $471 | $473 | $481 | $482 | $489 | $503 |
| ▅█▅▁▁▇▅▃ | Total Deposits ($M) | $521 | $536 | $519 | $500 | $503 | $531 | $521 | $512 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 6% |