Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.91% | +2.36 | 0.56% |
| Return on Equity (%) | ▲ | 33.64% | +27.44 | 6.20% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.15 | 4.13% |
| Efficiency Ratio (%) | ▲ | 50.83% | -34.82 | 85.65% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.98 | $0 |
| Cost of Funds (%) | ▲ | 1.22% | -0.53 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $226 | +126.00 | $100 |
| Gross Loans ($M) | ▲ | $156 | +87.83 | $68 |
| Loan Growth YoY (%) | ▲ | 80.78% | +1.80 | 78.98% |
| Total Deposits ($M) | ▲ | $191 | +105.76 | $86 |
| Shareholders Equity ($M) | ▲ | $20 | +11.56 | $9 |
| Tang. Book Value ($M) | ▲ | $18 | +9.63 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +11.20 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 80.78% | +1.80 | 78.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.45% | +0.35 | 1.10% |
| Allowance / Loans (%) | — | 1.09% | -0.15% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 2.00% | +0.40 | 1.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.14% | -0.92 | 12.06% |
Noninterest income ($1.75M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃██▂▆ | Net Interest Margin (%) | 3.96% | 4.04% | 4.07% | 4.13% | 4.43% | 4.38% | 4.07% | 4.29% |
| ▁▁▁▁▂▁▁█ | Return on Assets (%) | 0.48% | 0.50% | 0.56% | 0.56% | 0.79% | 0.72% | 0.78% | 2.91% |
| ████▇▇▇▁ | Efficiency Ratio (%) | 89.3% | 88.2% | 84.8% | 85.7% | 81.2% | 82.3% | 81.5% | 50.8% |
| ██▇███▄▁ | Cost of Funds (%) | 1.76% | 1.70% | 1.65% | 1.75% | 1.75% | 1.73% | 1.46% | 1.22% |
| ▆▆▆▇▂▁▁█ | NPA / Assets (%) | 1.05% | 0.95% | 0.98% | 1.10% | 0.26% | 0.00% | 0.14% | 1.45% |
| ▆▆▆▇▂▁▁█ | Net Charge-Off Ratio (%) | 1.37% | 1.28% | 1.39% | 1.60% | 0.38% | 0.00% | 0.23% | 2.00% |
| ▁▁▁▁▁▁▁█ | Tang. Book Value ($M) | $9 | $8 | $8 | $8 | $9 | $9 | $9 | $18 |
| ▁▁▁▁▁▁▁█ | Gross Loans ($M) | $72 | $71 | $71 | $68 | $69 | $73 | $69 | $156 |
| ▁▁▁▁▁▁▂█ | Total Deposits ($M) | $78 | $78 | $86 | $86 | $83 | $88 | $103 | $191 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 8% |
| Agricultural | 11% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 8% |