Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.62% | +0.14 | 1.48% |
| Return on Equity (%) | ▼ | 19.04% | -0.72 | 19.76% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.25 | 3.55% |
| Efficiency Ratio (%) | ▲ | 50.20% | -3.54 | 53.74% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.95 | $4 |
| Cost of Funds (%) | ▼ | 1.25% | +0.02 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $812 | +38.15 | $773 |
| Gross Loans ($M) | ▲ | $463 | +58.67 | $404 |
| Loan Growth YoY (%) | ▲ | 63.52% | +5.14 | 58.39% |
| Total Deposits ($M) | ▲ | $719 | +35.95 | $683 |
| Shareholders Equity ($M) | ▲ | $72 | +10.52 | $62 |
| Tang. Book Value ($M) | ▲ | $72 | +10.52 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +10.77 | $73 |
| Loan / Deposit Ratio (%) | ▲ | 63.52% | +5.14 | 58.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.02 | 0.06% |
| Allowance / Loans (%) | — | 1.20% | 0.00% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.03 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.09% | -0.60 | 16.69% |
Noninterest income ($1.62M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆▇█ | Net Interest Margin (%) | 3.22% | 3.27% | 3.50% | 3.55% | 3.57% | 3.61% | 3.70% | 3.80% |
| ▁▂▄▆▆▇▇█ | Return on Assets (%) | 1.24% | 1.31% | 1.43% | 1.48% | 1.52% | 1.54% | 1.55% | 1.62% |
| ██▇▆▆▆▃▁ | Efficiency Ratio (%) | 55.0% | 54.9% | 54.0% | 53.7% | 53.3% | 53.3% | 51.7% | 50.2% |
| █▆▂▁▅▄▁▂ | Cost of Funds (%) | 1.51% | 1.41% | 1.27% | 1.23% | 1.38% | 1.35% | 1.20% | 1.25% |
| █▂▁▁▁▂▂▁ | NPA / Assets (%) | 0.48% | 0.12% | 0.03% | 0.06% | 0.05% | 0.09% | 0.09% | 0.08% |
| █▂▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.98% | 0.24% | 0.05% | 0.11% | 0.10% | 0.16% | 0.16% | 0.14% |
| ▄▁▂▄▆▆▇█ | Tang. Book Value ($M) | $61 | $54 | $57 | $62 | $67 | $66 | $68 | $72 |
| ▁▁▃▄▄▇██ | Gross Loans ($M) | $367 | $378 | $391 | $404 | $408 | $442 | $453 | $463 |
| ▁▃▅▄█▇██ | Total Deposits ($M) | $657 | $679 | $696 | $683 | $716 | $707 | $723 | $719 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 5% |