Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.11 | 1.25% |
| Return on Equity (%) | ▼ | 11.29% | -0.02 | 11.31% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.22 | 3.74% |
| Efficiency Ratio (%) | ▲ | 53.12% | -2.56 | 55.68% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.26 | $7 |
| Cost of Funds (%) | ▲ | 1.54% | -0.21 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,601 | +20.11 | $1,581 |
| Gross Loans ($M) | ▲ | $1,053 | +44.43 | $1,009 |
| Loan Growth YoY (%) | ▲ | 74.58% | +3.07 | 71.50% |
| Total Deposits ($M) | ▲ | $1,394 | +1.64 | $1,393 |
| Shareholders Equity ($M) | ▲ | $192 | +18.46 | $174 |
| Tang. Book Value ($M) | ▲ | $185 | +18.49 | $167 |
| TBV excl. AOCI ($M)** | ▲ | $204 | +18.28 | $186 |
| Loan / Deposit Ratio (%) | ▲ | 74.58% | +3.07 | 71.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.01% | +0.30 | 0.71% |
| Allowance / Loans (%) | — | 1.29% | -0.02% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 1.35% | +0.43 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($2.31M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▆▇██ | Net Interest Margin (%) | 3.36% | 3.44% | 3.75% | 3.74% | 3.82% | 3.83% | 3.99% | 3.96% |
| ▁▂▅▆▇█▆█ | Return on Assets (%) | 1.00% | 1.08% | 1.21% | 1.25% | 1.31% | 1.34% | 1.25% | 1.37% |
| █▇▂▄▃▂▁▁ | Efficiency Ratio (%) | 60.7% | 59.3% | 54.4% | 55.7% | 55.0% | 53.9% | 52.5% | 53.1% |
| █▆▄▄▄▃▂▁ | Cost of Funds (%) | 2.10% | 1.95% | 1.81% | 1.75% | 1.81% | 1.71% | 1.64% | 1.54% |
| ▁▂▅▄▃▅▇█ | NPA / Assets (%) | 0.46% | 0.55% | 0.76% | 0.71% | 0.63% | 0.77% | 0.94% | 1.01% |
| ▁▁▄▄▂▅▇█ | Net Charge-Off Ratio (%) | 0.58% | 0.65% | 0.95% | 0.92% | 0.76% | 1.03% | 1.24% | 1.35% |
| ▂▁▃▃▆███ | Tang. Book Value ($M) | $162 | $158 | $166 | $167 | $178 | $185 | $187 | $185 |
| ▁▃▃▄▆▆██ | Gross Loans ($M) | $975 | $999 | $995 | $1,009 | $1,025 | $1,032 | $1,045 | $1,053 |
| ▁▁▁▆██▂▇ | Total Deposits ($M) | $1,334 | $1,337 | $1,341 | $1,393 | $1,408 | $1,414 | $1,350 | $1,394 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 18% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 17% |