Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.70% | -0.17 | 0.87% |
| Return on Equity (%) | ▼ | 11.90% | -6.49 | 18.39% |
| Net Interest Margin (%) | ▼ | 3.28% | -0.01 | 3.29% |
| Efficiency Ratio (%) | ▼ | 75.06% | +3.82 | 71.25% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.54% | -0.26 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +6.90 | $106 |
| Gross Loans ($M) | ▼ | $47 | -2.62 | $50 |
| Loan Growth YoY (%) | ▼ | 45.01% | -5.26 | 50.27% |
| Total Deposits ($M) | ▲ | $104 | +5.71 | $99 |
| Shareholders Equity ($M) | ▲ | $7 | +1.24 | $5 |
| Tang. Book Value ($M) | ▲ | $6 | +1.26 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $9 | +1.62 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 45.01% | -5.26 | 50.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.93% | -0.17 | 1.10% |
| Allowance / Loans (%) | — | 0.95% | 0.05% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 1.17% | -0.77 | 1.94% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.99% | +1.57 | 17.42% |
Noninterest income ($0.14M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▅█▇▆▇█ | Net Interest Margin (%) | 3.09% | 2.98% | 3.16% | 3.29% | 3.23% | 3.19% | 3.22% | 3.28% |
| ▃▂▃█▅▃▁▄ | Return on Assets (%) | 0.65% | 0.61% | 0.68% | 0.87% | 0.73% | 0.68% | 0.57% | 0.70% |
| ██▆▁▅▇▆▅ | Efficiency Ratio (%) | 77.9% | 78.7% | 76.1% | 71.2% | 75.7% | 77.6% | 76.4% | 75.1% |
| ██▅▄▄▁▂▁ | Cost of Funds (%) | 2.20% | 2.14% | 1.89% | 1.80% | 1.83% | 1.62% | 1.67% | 1.54% |
| ▁▂▆▅█▄▄▃ | NPA / Assets (%) | 0.65% | 0.75% | 1.22% | 1.10% | 1.43% | 1.01% | 1.00% | 0.93% |
| ▁▂▆▅█▅▅▁ | Net Charge-Off Ratio (%) | 0.98% | 1.23% | 2.23% | 1.94% | 2.66% | 1.98% | 1.93% | 1.17% |
| ▅▁▃▃▇███ | Tang. Book Value ($M) | $6 | $5 | $5 | $5 | $6 | $7 | $7 | $6 |
| ███▄▅▄▂▁ | Gross Loans ($M) | $52 | $53 | $52 | $50 | $51 | $50 | $48 | $47 |
| ▂▆▅▁▁█▅▆ | Total Deposits ($M) | $100 | $105 | $104 | $99 | $99 | $107 | $104 | $104 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 6% |
| Agricultural | 10% |
| Consumer | 10% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 14% |