Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.02 | 1.40% |
| Return on Equity (%) | ▼ | 14.45% | -0.99 | 15.44% |
| Net Interest Margin (%) | ▼ | 3.66% | -0.09 | 3.74% |
| Efficiency Ratio (%) | ▼ | 63.61% | +7.11 | 56.50% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.19 | $4 |
| Cost of Funds (%) | ▲ | 3.04% | -0.26 | 3.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $936 | -1.33 | $938 |
| Gross Loans ($M) | ▼ | $804 | -21.08 | $825 |
| Loan Growth YoY (%) | ▼ | 97.70% | -0.78 | 98.48% |
| Total Deposits ($M) | ▼ | $812 | -15.59 | $828 |
| Shareholders Equity ($M) | ▲ | $95 | +10.61 | $84 |
| Tang. Book Value ($M) | ▲ | $95 | +10.61 | $84 |
| Loan / Deposit Ratio (%) | ▼ | 97.70% | -0.78 | 98.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.17% | +1.05 | 0.12% |
| Allowance / Loans (%) | — | 1.28% | 0.11% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.27% | +1.14 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.14% | +1.24 | 9.90% |
Noninterest income ($2.11M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃████▆▇ | Net Interest Margin (%) | 3.10% | 3.27% | 3.71% | 3.74% | 3.77% | 3.73% | 3.60% | 3.66% |
| ▁▂█▆▇▆▄▆ | Return on Assets (%) | 1.03% | 1.10% | 1.55% | 1.40% | 1.42% | 1.42% | 1.27% | 1.42% |
| ▅▅▁▂▁▂█▇ | Efficiency Ratio (%) | 60.6% | 60.0% | 54.8% | 56.5% | 55.4% | 56.1% | 65.1% | 63.6% |
| ▅█▄▄▆▄▁▁ | Cost of Funds (%) | 3.39% | 3.61% | 3.29% | 3.30% | 3.43% | 3.30% | 3.05% | 3.04% |
| ▁▁▁▁▃███ | NPA / Assets (%) | 0.02% | 0.02% | 0.01% | 0.12% | 0.47% | 1.24% | 1.28% | 1.17% |
| ▁▁▁▁▃███ | Net Charge-Off Ratio (%) | 0.03% | 0.02% | 0.01% | 0.14% | 0.51% | 1.39% | 1.39% | 1.27% |
| ▁▁▃▄▅▇██ | Tang. Book Value ($M) | $76 | $77 | $83 | $84 | $88 | $91 | $93 | $95 |
| ▁▄▇███▇▇ | Gross Loans ($M) | $681 | $742 | $800 | $825 | $829 | $820 | $797 | $804 |
| ▂▁▅██▆▆▇ | Total Deposits ($M) | $750 | $728 | $790 | $828 | $818 | $801 | $797 | $812 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 20% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 34% |