Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.07 | 1.22% |
| Return on Equity (%) | ▼ | 17.45% | -1.36 | 18.81% |
| Net Interest Margin (%) | ▼ | 4.17% | -0.03 | 4.20% |
| Efficiency Ratio (%) | ▲ | 69.22% | -1.21 | 70.42% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.35 | $3 |
| Cost of Funds (%) | ▼ | 1.65% | +0.19 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,000 | +59.67 | $940 |
| Gross Loans ($M) | ▲ | $705 | +10.75 | $695 |
| Loan Growth YoY (%) | ▼ | 82.91% | -5.77 | 88.68% |
| Total Deposits ($M) | ▲ | $836 | +63.99 | $772 |
| Shareholders Equity ($M) | ▲ | $73 | +10.08 | $63 |
| Tang. Book Value ($M) | ▲ | $73 | +10.11 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +10.32 | $72 |
| Loan / Deposit Ratio (%) | ▼ | 82.91% | -5.77 | 88.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.85% | +0.86 | 0.99% |
| Allowance / Loans (%) | — | 1.75% | 0.30% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 2.59% | +1.58 | 1.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.13% | +0.09 | 13.04% |
Noninterest income ($2.18M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█████ | Net Interest Margin (%) | 3.61% | 3.71% | 4.16% | 4.20% | 4.24% | 4.22% | 4.16% | 4.17% |
| ▁▂▇▆▆▅█▇ | Return on Assets (%) | 0.73% | 0.83% | 1.26% | 1.22% | 1.22% | 1.12% | 1.43% | 1.29% |
| █▇▁▁▂▂▁▁ | Efficiency Ratio (%) | 79.8% | 78.1% | 69.5% | 70.4% | 70.9% | 71.4% | 69.3% | 69.2% |
| █▆▁▁▂▂▂▄ | Cost of Funds (%) | 1.86% | 1.72% | 1.50% | 1.46% | 1.53% | 1.52% | 1.54% | 1.65% |
| ▁▁▁▁▂█▇▆ | NPA / Assets (%) | 0.82% | 0.96% | 0.81% | 0.99% | 1.05% | 2.21% | 2.02% | 1.85% |
| ▁▁▁▁▁█▇▇ | Net Charge-Off Ratio (%) | 1.09% | 1.05% | 1.01% | 1.01% | 1.22% | 2.82% | 2.58% | 2.59% |
| ▄▁▃▃▇▇██ | Tang. Book Value ($M) | $65 | $59 | $63 | $63 | $70 | $71 | $72 | $73 |
| ▂▁▃▄▆▇█▇ | Gross Loans ($M) | $689 | $684 | $692 | $695 | $701 | $705 | $711 | $705 |
| ▅▄▃▁▁▃██ | Total Deposits ($M) | $806 | $801 | $793 | $772 | $779 | $792 | $831 | $836 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |