Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.24 | 0.81% |
| Return on Equity (%) | ▲ | 9.55% | +1.34 | 8.21% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.35 | 3.12% |
| Efficiency Ratio (%) | ▲ | 64.98% | -2.97 | 67.95% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.17 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.23 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $594 | -2.93 | $597 |
| Gross Loans ($M) | ▼ | $382 | -4.58 | $387 |
| Loan Growth YoY (%) | ▼ | 76.16% | -2.28 | 78.43% |
| Total Deposits ($M) | ▲ | $495 | +8.31 | $487 |
| Shareholders Equity ($M) | ▲ | $67 | +6.94 | $60 |
| Tang. Book Value ($M) | ▲ | $59 | +7.33 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +6.43 | $60 |
| Loan / Deposit Ratio (%) | ▼ | 76.16% | -2.28 | 78.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -1.05 | 1.14% |
| Allowance / Loans (%) | — | 1.45% | 0.06% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -1.62 | 1.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.87M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.60% | 2.67% | 3.03% | 3.12% | 3.19% | 3.24% | 3.39% | 3.47% |
| ▁▁▄▆▆▆██ | Return on Assets (%) | 0.34% | 0.34% | 0.66% | 0.81% | 0.83% | 0.88% | 1.04% | 1.06% |
| ██▅▃▂▂▁▁ | Efficiency Ratio (%) | 76.5% | 76.6% | 72.2% | 67.9% | 67.2% | 67.7% | 65.2% | 65.0% |
| █▇▃▄▅▃▁▁ | Cost of Funds (%) | 2.26% | 2.14% | 1.92% | 1.94% | 2.05% | 1.87% | 1.74% | 1.71% |
| ▁▁▁█▇▁▃▁ | NPA / Assets (%) | 0.16% | 0.17% | 0.11% | 1.14% | 0.96% | 0.05% | 0.43% | 0.09% |
| ▁▁▁█▇▁▃▁ | Net Charge-Off Ratio (%) | 0.27% | 0.29% | 0.18% | 1.76% | 1.48% | 0.08% | 0.67% | 0.15% |
| ▃▁▂▃▅▇▇█ | Tang. Book Value ($M) | $50 | $47 | $49 | $51 | $54 | $57 | $57 | $59 |
| ▁▁▅█▇█▆▇ | Gross Loans ($M) | $347 | $346 | $370 | $387 | $384 | $390 | $378 | $382 |
| ▂▁▄▄▄███ | Total Deposits ($M) | $480 | $477 | $486 | $487 | $485 | $497 | $496 | $495 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 12% |
| Agricultural | 24% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 6% |