Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.31% | +0.23 | 0.07% |
| Return on Equity (%) | ▲ | 4.28% | +3.21 | 1.07% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.03 | 3.80% |
| Efficiency Ratio (%) | ▲ | 92.03% | -3.59 | 95.61% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.20 | $0 |
| Cost of Funds (%) | ▼ | 2.30% | +0.05 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $199 | +0.49 | $198 |
| Gross Loans ($M) | ▲ | $147 | +16.99 | $130 |
| Loan Growth YoY (%) | ▲ | 88.43% | +8.05 | 80.38% |
| Total Deposits ($M) | ▲ | $166 | +4.51 | $161 |
| Shareholders Equity ($M) | ▲ | $14 | +1.85 | $13 |
| Tang. Book Value ($M) | ▲ | $11 | +1.94 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.47 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 88.43% | +8.05 | 80.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.27 | 0.31% |
| Allowance / Loans (%) | — | 0.64% | -0.05% | 0.69% |
| Net Charge-Off Ratio (%) | ▼ | 0.78% | +0.45 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.02% | -0.66 | 11.67% |
Noninterest income ($0.65M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂██▇█▅█ | Net Interest Margin (%) | 3.41% | 3.49% | 3.85% | 3.80% | 3.77% | 3.85% | 3.66% | 3.83% |
| ▂▃▁▅▃▆▃█ | Return on Assets (%) | -0.10% | -0.05% | -0.19% | 0.07% | -0.03% | 0.12% | -0.04% | 0.31% |
| ██▇▄▆▄▇▁ | Efficiency Ratio (%) | 101.1% | 100.1% | 99.1% | 95.6% | 98.4% | 95.5% | 99.6% | 92.0% |
| ▃▄▁▃█▄▂▄ | Cost of Funds (%) | 2.28% | 2.31% | 2.16% | 2.25% | 2.51% | 2.32% | 2.23% | 2.30% |
| █▅▂▁▆▅▅▆ | NPA / Assets (%) | 0.73% | 0.57% | 0.37% | 0.31% | 0.62% | 0.57% | 0.53% | 0.58% |
| █▅▃▁▅▄▄▄ | Net Charge-Off Ratio (%) | 1.24% | 0.89% | 0.58% | 0.34% | 0.83% | 0.78% | 0.73% | 0.78% |
| ▅▁▁▃▅█▆█ | Tang. Book Value ($M) | $10 | $8 | $8 | $9 | $10 | $11 | $10 | $11 |
| ▁▁▃▅▆███ | Gross Loans ($M) | $106 | $111 | $118 | $130 | $134 | $144 | $145 | $147 |
| ▁▁▃▅█▇▇▇ | Total Deposits ($M) | $148 | $149 | $155 | $161 | $170 | $165 | $167 | $166 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 5% |
| Agricultural | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 22% |