Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.67 | 0.43% |
| Return on Equity (%) | ▲ | 13.08% | +7.09 | 5.99% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.43 | 3.31% |
| Efficiency Ratio (%) | ▲ | 65.92% | -21.04 | 86.96% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.82 | $1 |
| Cost of Funds (%) | ▲ | 1.18% | -0.30 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $584 | +25.55 | $558 |
| Gross Loans ($M) | ▲ | $389 | +29.11 | $360 |
| Loan Growth YoY (%) | ▲ | 86.60% | +7.65 | 78.95% |
| Total Deposits ($M) | ▼ | $444 | -6.61 | $451 |
| Shareholders Equity ($M) | ▲ | $50 | +7.86 | $42 |
| Tang. Book Value ($M) | ▲ | $42 | +7.96 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +7.62 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 86.60% | +7.65 | 78.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.04 | 0.23% |
| Allowance / Loans (%) | — | 1.25% | -0.00% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.03 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.54% | +0.25 | 12.29% |
Noninterest income ($1.20M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▆██ | Net Interest Margin (%) | 2.79% | 2.92% | 3.16% | 3.31% | 3.39% | 3.45% | 3.63% | 3.74% |
| ▃▃▁▄▅▆██ | Return on Assets (%) | 0.38% | 0.38% | 0.01% | 0.43% | 0.62% | 0.77% | 1.03% | 1.10% |
| ▆▆█▅▄▃▁▁ | Efficiency Ratio (%) | 89.0% | 90.8% | 101.5% | 87.0% | 81.3% | 76.8% | 67.7% | 65.9% |
| █▆▆▅▄▁▁▁ | Cost of Funds (%) | 1.70% | 1.52% | 1.51% | 1.48% | 1.42% | 1.22% | 1.23% | 1.18% |
| ▄▃▂▅▁██▁ | NPA / Assets (%) | 0.22% | 0.21% | 0.20% | 0.23% | 0.19% | 0.26% | 0.25% | 0.18% |
| █▇▆▂▃▆▅▁ | Net Charge-Off Ratio (%) | 0.36% | 0.34% | 0.33% | 0.27% | 0.29% | 0.32% | 0.31% | 0.24% |
| ▄▁▁▃▆▇▇█ | Tang. Book Value ($M) | $35 | $31 | $32 | $34 | $37 | $39 | $39 | $42 |
| ▁▂▃▄▄▅▆█ | Gross Loans ($M) | $337 | $346 | $351 | $360 | $362 | $368 | $374 | $389 |
| ▆█▆▃▂▃▅▁ | Total Deposits ($M) | $462 | $468 | $462 | $451 | $448 | $453 | $457 | $444 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 6% |