Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.42% | -0.06 | 0.48% |
| Return on Equity (%) | ▼ | 5.58% | -1.31 | 6.89% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.04 | 3.02% |
| Efficiency Ratio (%) | ▼ | 85.59% | +3.41 | 82.17% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.61% | -0.02 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $419 | -4.45 | $423 |
| Gross Loans ($M) | ▲ | $229 | +21.98 | $207 |
| Loan Growth YoY (%) | ▲ | 58.53% | +6.84 | 51.70% |
| Total Deposits ($M) | ▼ | $383 | -8.06 | $391 |
| Shareholders Equity ($M) | ▲ | $32 | +3.44 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +3.47 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +3.95 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 58.53% | +6.84 | 51.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.38% | +0.10 | 0.28% |
| Allowance / Loans (%) | — | 1.89% | -0.22% | 2.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.70% | +0.12 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.70% | -0.59 | 17.29% |
Noninterest income ($0.53M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▂▃▅▆▁▄ | Net Interest Margin (%) | 3.13% | 3.14% | 3.00% | 3.02% | 3.07% | 3.10% | 2.98% | 3.06% |
| ██▆▅▇▅▁▂ | Return on Assets (%) | 0.55% | 0.55% | 0.49% | 0.48% | 0.51% | 0.49% | 0.38% | 0.42% |
| ▁▁▃▄▂▄██ | Efficiency Ratio (%) | 79.8% | 80.0% | 81.6% | 82.2% | 81.1% | 82.3% | 86.1% | 85.6% |
| ▃▃▃▄█▆▁▄ | Cost of Funds (%) | 1.61% | 1.60% | 1.59% | 1.62% | 1.72% | 1.66% | 1.54% | 1.61% |
| ▂▃▂▆▁▁▁█ | NPA / Assets (%) | 0.17% | 0.18% | 0.15% | 0.28% | 0.11% | 0.12% | 0.14% | 0.38% |
| ▃▃▂▇▁▁▁█ | Net Charge-Off Ratio (%) | 0.34% | 0.36% | 0.30% | 0.58% | 0.21% | 0.22% | 0.27% | 0.70% |
| ▃▁▁▁▅███ | Tang. Book Value ($M) | $29 | $28 | $29 | $28 | $30 | $31 | $32 | $32 |
| ▁▃▁▂▄█▅█ | Gross Loans ($M) | $205 | $211 | $202 | $207 | $212 | $226 | $218 | $229 |
| ▂▅▁█▅█▆▅ | Total Deposits ($M) | $375 | $382 | $372 | $391 | $383 | $391 | $385 | $383 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 2% |