Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.36 | 0.60% |
| Return on Equity (%) | ▲ | 10.05% | +3.21 | 6.84% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.48 | 2.97% |
| Efficiency Ratio (%) | ▲ | 62.75% | -9.22 | 71.97% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.18 | $2 |
| Cost of Funds (%) | ▲ | 1.37% | -0.07 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $929 | +2.35 | $927 |
| Gross Loans ($M) | ▲ | $548 | +16.96 | $532 |
| Loan Growth YoY (%) | ▲ | 69.25% | +1.67 | 67.59% |
| Total Deposits ($M) | ▲ | $780 | +5.34 | $774 |
| Shareholders Equity ($M) | ▲ | $92 | +8.20 | $83 |
| Tang. Book Value ($M) | ▲ | $80 | +8.91 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $94 | +8.27 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 69.25% | +1.67 | 67.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.80% | -0.28 | 1.08% |
| Allowance / Loans (%) | — | 1.56% | 0.01% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 1.33% | -0.16 | 1.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.88% | +0.31 | 12.56% |
Noninterest income ($1.41M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 2.61% | 2.64% | 2.85% | 2.97% | 3.06% | 3.13% | 3.32% | 3.45% |
| ▁▁▃▄▄▄██ | Return on Assets (%) | 0.36% | 0.43% | 0.54% | 0.60% | 0.62% | 0.59% | 0.89% | 0.96% |
| █▇▆▅▅▆▁▁ | Efficiency Ratio (%) | 79.6% | 76.3% | 73.7% | 72.0% | 72.1% | 73.9% | 64.0% | 62.8% |
| ██▆▃▃▃▁▁ | Cost of Funds (%) | 1.58% | 1.59% | 1.50% | 1.44% | 1.42% | 1.42% | 1.34% | 1.37% |
| ▆▅██▂▃▁▁ | NPA / Assets (%) | 1.01% | 0.96% | 1.09% | 1.08% | 0.84% | 0.87% | 0.77% | 0.80% |
| ▃▁█▆▂▃▁▁ | Net Charge-Off Ratio (%) | 1.38% | 1.34% | 1.54% | 1.48% | 1.35% | 1.40% | 1.33% | 1.33% |
| ▂▁▂▃▅▆▇█ | Tang. Book Value ($M) | $70 | $68 | $70 | $71 | $75 | $76 | $77 | $80 |
| ▅▁▄▃▇▇▅█ | Gross Loans ($M) | $537 | $523 | $535 | $532 | $544 | $543 | $538 | $548 |
| ▃▄▁▄▁▁█▅ | Total Deposits ($M) | $771 | $775 | $765 | $774 | $765 | $764 | $789 | $780 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |