Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.41 | 0.96% |
| Return on Equity (%) | ▲ | 15.69% | +4.96 | 10.73% |
| Net Interest Margin (%) | ▲ | 4.63% | +0.38 | 4.25% |
| Efficiency Ratio (%) | ▼ | 88.25% | +0.04 | 88.21% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.63 | $1 |
| Cost of Funds (%) | ▲ | 2.23% | -0.08 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $353 | +25.18 | $328 |
| Gross Loans ($M) | ▲ | $314 | +26.81 | $287 |
| Loan Growth YoY (%) | ▲ | 107.74% | +3.47 | 104.27% |
| Total Deposits ($M) | ▲ | $289 | +15.88 | $273 |
| Shareholders Equity ($M) | ▲ | $31 | +2.12 | $29 |
| Tang. Book Value ($M) | ▲ | $29 | +2.51 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 107.74% | +3.47 | 104.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.23% | +0.64 | 0.58% |
| Allowance / Loans (%) | — | 0.66% | 0.01% | 0.65% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +0.97 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.91% | +0.09 | 9.82% |
Noninterest income ($13.78M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▄▅▆██ | Net Interest Margin (%) | 3.86% | 3.95% | 4.29% | 4.25% | 4.35% | 4.37% | 4.65% | 4.63% |
| ▁▂▁▄▄▃▆█ | Return on Assets (%) | 0.69% | 0.79% | 0.76% | 0.96% | 1.01% | 0.94% | 1.17% | 1.37% |
| ▁▁▆▆▇█▆▆ | Efficiency Ratio (%) | 84.3% | 83.9% | 87.9% | 88.2% | 88.8% | 89.9% | 88.3% | 88.2% |
| ▆█▃▂▄▁▁▁ | Cost of Funds (%) | 2.58% | 2.79% | 2.40% | 2.31% | 2.47% | 2.30% | 2.26% | 2.23% |
| ▁▂▃▂▂▄██ | NPA / Assets (%) | 0.40% | 0.59% | 0.67% | 0.58% | 0.62% | 0.78% | 1.29% | 1.23% |
| ▁▂▂▂▃▄██ | Net Charge-Off Ratio (%) | 0.19% | 0.41% | 0.49% | 0.42% | 0.52% | 0.71% | 1.45% | 1.38% |
| ▁▁▂▄▅▆▆█ | Tang. Book Value ($M) | $24 | $24 | $25 | $26 | $27 | $27 | $28 | $29 |
| ▁▁▂▄▆███ | Gross Loans ($M) | $261 | $267 | $271 | $287 | $299 | $311 | $309 | $314 |
| ▁▁▄▄█▇█▇ | Total Deposits ($M) | $256 | $255 | $273 | $273 | $296 | $292 | $297 | $289 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 17% |