Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.01 | 1.25% |
| Return on Equity (%) | ▼ | 8.77% | -0.63 | 9.40% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.68 | 3.58% |
| Efficiency Ratio (%) | ▼ | 74.04% | +3.72 | 70.32% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 1.46% | -0.18 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $153 | -1.57 | $154 |
| Gross Loans ($M) | ▲ | $102 | +7.12 | $95 |
| Loan Growth YoY (%) | ▲ | 85.47% | +11.32 | 74.15% |
| Total Deposits ($M) | ▼ | $118 | -8.56 | $127 |
| Shareholders Equity ($M) | ▲ | $22 | +2.67 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.68 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.70 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 85.47% | +11.32 | 74.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.03% | -0.01% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.04% | +1.28 | 18.76% |
Noninterest income ($0.45M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄▇█ | Net Interest Margin (%) | 3.49% | 3.52% | 3.58% | 3.58% | 3.69% | 3.86% | 4.15% | 4.26% |
| ▆▇▆▇██▁▇ | Return on Assets (%) | 1.13% | 1.22% | 1.09% | 1.25% | 1.34% | 1.47% | 0.22% | 1.26% |
| ▂▁▃▂▁▁█▃ | Efficiency Ratio (%) | 71.5% | 69.9% | 74.1% | 70.3% | 68.9% | 66.8% | 95.0% | 74.0% |
| ▇█▆▅▅▅▁▁ | Cost of Funds (%) | 1.76% | 1.85% | 1.72% | 1.64% | 1.65% | 1.67% | 1.43% | 1.46% |
| ▅▁█▅▁▁▃▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.03% | 0.01% | 0.00% | 0.00% | 0.01% | 0.00% |
| ▅▁█▅▁▁▃▁ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.04% | 0.02% | 0.00% | 0.00% | 0.01% | 0.00% |
| ▃▂▁▁▅█▆█ | Tang. Book Value ($M) | $20 | $20 | $19 | $19 | $21 | $22 | $21 | $22 |
| ▁▁▁▄▆▅▇█ | Gross Loans ($M) | $90 | $91 | $90 | $95 | $98 | $97 | $100 | $102 |
| ▂▃▃▆█▁▂▁ | Total Deposits ($M) | $121 | $123 | $122 | $127 | $132 | $119 | $120 | $118 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 7% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |