Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.18% | -0.22 | 1.39% |
| Return on Equity (%) | ▼ | 13.67% | -3.17 | 16.84% |
| Net Interest Margin (%) | ▼ | 3.92% | -0.10 | 4.03% |
| Efficiency Ratio (%) | ▼ | 61.27% | +5.66 | 55.61% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.39 | $2 |
| Cost of Funds (%) | ▼ | 2.12% | +0.01 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $424 | +32.24 | $392 |
| Gross Loans ($M) | ▲ | $329 | +33.37 | $296 |
| Loan Growth YoY (%) | ▲ | 86.11% | +0.91 | 85.20% |
| Total Deposits ($M) | ▲ | $377 | +33.59 | $343 |
| Shareholders Equity ($M) | ▲ | $37 | +4.36 | $33 |
| Tang. Book Value ($M) | ▲ | $37 | +4.37 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +4.52 | $35 |
| Loan / Deposit Ratio (%) | ▲ | 86.11% | +0.91 | 85.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.23% | +2.07 | 0.16% |
| Allowance / Loans (%) | — | 1.45% | 0.28% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 2.74% | +2.53 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.72M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄███▄▆ | Net Interest Margin (%) | 3.68% | 3.74% | 3.84% | 4.03% | 4.06% | 4.03% | 3.84% | 3.92% |
| ▁▂▅██▆▃▄ | Return on Assets (%) | 1.01% | 1.08% | 1.22% | 1.39% | 1.35% | 1.27% | 1.13% | 1.18% |
| █▇▄▁▁▁▅▅ | Efficiency Ratio (%) | 65.3% | 63.9% | 59.7% | 55.6% | 55.1% | 55.3% | 61.3% | 61.3% |
| ▇█▄▁▃▁▁▁ | Cost of Funds (%) | 2.39% | 2.44% | 2.24% | 2.11% | 2.21% | 2.13% | 2.14% | 2.12% |
| ▁▁▁▁▁▅█▇ | NPA / Assets (%) | 0.12% | 0.14% | 0.19% | 0.16% | 0.16% | 1.72% | 2.76% | 2.23% |
| ▁▁▁▁▁▆█▇ | Net Charge-Off Ratio (%) | 0.16% | 0.19% | 0.25% | 0.22% | 0.21% | 2.28% | 3.43% | 2.74% |
| ▁▂▃▅▆▇██ | Tang. Book Value ($M) | $27 | $29 | $30 | $32 | $34 | $35 | $36 | $37 |
| ▁▂▃▄▅▇██ | Gross Loans ($M) | $269 | $280 | $288 | $296 | $307 | $320 | $326 | $329 |
| ▁▁▃▄▇███ | Total Deposits ($M) | $323 | $318 | $334 | $343 | $367 | $381 | $375 | $377 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 15% |