Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.04% | -0.33 | 1.37% |
| Return on Equity (%) | ▼ | 9.62% | -5.98 | 15.60% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.38 | 3.85% |
| Efficiency Ratio (%) | ▼ | 69.64% | +9.98 | 59.66% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.06 | $3 |
| Cost of Funds (%) | ▲ | 1.04% | -0.21 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $845 | +175.12 | $669 |
| Gross Loans ($M) | ▲ | $521 | +159.35 | $362 |
| Loan Growth YoY (%) | ▲ | 69.02% | +10.05 | 58.97% |
| Total Deposits ($M) | ▲ | $744 | +139.98 | $604 |
| Shareholders Equity ($M) | ▲ | $96 | +34.03 | $62 |
| Tang. Book Value ($M) | ▲ | $72 | +15.23 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +15.35 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 69.02% | +10.05 | 58.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.13 | 0.26% |
| Allowance / Loans (%) | — | 1.49% | -0.09% | 1.59% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.15 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.50% | -2.32 | 17.82% |
Noninterest income ($1.45M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▂▂▃▁█ | Net Interest Margin (%) | 4.01% | 3.97% | 3.75% | 3.85% | 3.86% | 3.91% | 3.80% | 4.23% |
| ▃▂██▇▆▂▁ | Return on Assets (%) | 1.17% | 1.12% | 1.39% | 1.37% | 1.34% | 1.26% | 1.08% | 1.04% |
| ▆▆▁▁▂▃▇█ | Efficiency Ratio (%) | 65.5% | 65.6% | 58.5% | 59.7% | 60.2% | 62.6% | 68.1% | 69.6% |
| ██▆▅▅▅▁▂ | Cost of Funds (%) | 1.45% | 1.44% | 1.26% | 1.25% | 1.24% | 1.19% | 0.91% | 1.04% |
| █▇█▁█▄▂▇ | NPA / Assets (%) | 0.43% | 0.40% | 0.41% | 0.26% | 0.41% | 0.33% | 0.30% | 0.39% |
| █▇█▁█▄▁▄ | Net Charge-Off Ratio (%) | 0.79% | 0.75% | 0.79% | 0.47% | 0.77% | 0.60% | 0.50% | 0.63% |
| ▃▁▂▃▄▅██ | Tang. Book Value ($M) | $58 | $51 | $55 | $57 | $61 | $62 | $70 | $72 |
| ▁▁▁▁▁▂██ | Gross Loans ($M) | $356 | $356 | $350 | $362 | $361 | $372 | $508 | $521 |
| ▁▁▁▁▁▁██ | Total Deposits ($M) | $601 | $611 | $615 | $604 | $604 | $606 | $757 | $744 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 13% |
| Agricultural | 12% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 6% |