Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.92% | +0.02 | 2.90% |
| Return on Equity (%) | ▼ | 23.04% | -0.87 | 23.91% |
| Net Interest Margin (%) | ▼ | 4.52% | -0.07 | 4.60% |
| Efficiency Ratio (%) | ▼ | 44.94% | +0.87 | 44.08% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.03 | $3 |
| Cost of Funds (%) | ▲ | 0.57% | -0.17 | 0.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $505 | +34.38 | $470 |
| Gross Loans ($M) | ▼ | $249 | -9.26 | $258 |
| Loan Growth YoY (%) | ▼ | 54.78% | -6.01 | 60.78% |
| Total Deposits ($M) | ▲ | $449 | +29.42 | $420 |
| Shareholders Equity ($M) | ▲ | $53 | +4.99 | $48 |
| Tang. Book Value ($M) | ▲ | $48 | +4.99 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +5.85 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 54.78% | -6.01 | 60.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.10 | 0.00% |
| Allowance / Loans (%) | — | 1.13% | -0.02% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.20 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.43% | +3.23 | 19.20% |
Noninterest income ($0.91M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▇█▂▃▅█▁ | Net Interest Margin (%) | 4.77% | 4.87% | 4.95% | 4.60% | 4.64% | 4.78% | 4.97% | 4.52% |
| ▂▂▆▁▁▁█▁ | Return on Assets (%) | 2.97% | 2.96% | 3.20% | 2.90% | 2.90% | 2.92% | 3.34% | 2.92% |
| ▆█▁▃▃▇▁▆ | Efficiency Ratio (%) | 45.0% | 45.9% | 43.1% | 44.1% | 43.8% | 45.5% | 43.1% | 44.9% |
| █▃▁▃▆▃▁▁ | Cost of Funds (%) | 1.22% | 0.81% | 0.62% | 0.74% | 0.98% | 0.80% | 0.62% | 0.57% |
| ▅█▂▁▁▁▁▇ | NPA / Assets (%) | 0.06% | 0.12% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% |
| ▅▇▂▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.10% | 0.16% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% |
| ▁▃▄▄▅▇██ | Tang. Book Value ($M) | $40 | $42 | $43 | $43 | $45 | $47 | $48 | $48 |
| ▁▂▄▆█▇▄▃ | Gross Loans ($M) | $240 | $247 | $252 | $258 | $269 | $265 | $253 | $249 |
| ▃▁▁▇▄▁▂█ | Total Deposits ($M) | $352 | $300 | $311 | $420 | $361 | $318 | $320 | $449 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 12% |
| Agricultural | 7% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 67% |