Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.52 | 1.33% |
| Return on Equity (%) | ▲ | 15.83% | +2.66 | 13.17% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.57 | 3.31% |
| Efficiency Ratio (%) | ▲ | 57.32% | -7.01 | 64.33% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.09 | $3 |
| Cost of Funds (%) | ▲ | 2.08% | -0.27 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $675 | +29.16 | $646 |
| Gross Loans ($M) | ▲ | $517 | +38.95 | $478 |
| Loan Growth YoY (%) | ▲ | 86.40% | +3.92 | 82.49% |
| Total Deposits ($M) | ▲ | $590 | +18.30 | $571 |
| Shareholders Equity ($M) | ▲ | $80 | +13.79 | $66 |
| Tang. Book Value ($M) | ▲ | $77 | +13.63 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +14.07 | $67 |
| Loan / Deposit Ratio (%) | ▲ | 86.40% | +3.92 | 82.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.13 | 0.25% |
| Allowance / Loans (%) | — | 1.43% | 0.04% | 1.38% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.13 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.17% | +0.97 | 13.20% |
Noninterest income ($3.13M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 2.95% | 2.98% | 3.17% | 3.31% | 3.41% | 3.51% | 3.95% | 3.88% |
| ▁▁▄▄▅▄██ | Return on Assets (%) | 0.97% | 0.93% | 1.32% | 1.33% | 1.43% | 1.38% | 1.86% | 1.85% |
| ██▄▄▄▄▁▁ | Efficiency Ratio (%) | 73.7% | 75.0% | 63.9% | 64.3% | 64.2% | 63.9% | 56.0% | 57.3% |
| █▇▅▄▄▂▁▂ | Cost of Funds (%) | 2.76% | 2.60% | 2.45% | 2.34% | 2.29% | 2.14% | 1.97% | 2.08% |
| █▆▆█▆▁▁▁ | NPA / Assets (%) | 0.26% | 0.21% | 0.22% | 0.25% | 0.21% | 0.11% | 0.12% | 0.11% |
| █▆▅▇▆▁▁▁ | Net Charge-Off Ratio (%) | 0.32% | 0.27% | 0.23% | 0.27% | 0.25% | 0.13% | 0.15% | 0.14% |
| ▁▁▁▂▄▅▇█ | Tang. Book Value ($M) | $61 | $61 | $62 | $64 | $68 | $71 | $74 | $77 |
| ▄▂▁▂▂▅▇█ | Gross Loans ($M) | $489 | $480 | $470 | $478 | $478 | $494 | $510 | $517 |
| ▁▄▄▅▂▃▃█ | Total Deposits ($M) | $550 | $566 | $565 | $571 | $559 | $564 | $561 | $590 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 11% |
| Agricultural | 8% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 89% |
| Brokered / Other | 8% |