Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.08 | 1.15% |
| Return on Equity (%) | ▼ | 14.71% | -1.29 | 16.00% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.30 | 3.35% |
| Efficiency Ratio (%) | ▼ | 66.64% | +0.92 | 65.71% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.24 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $414 | +4.03 | $410 |
| Gross Loans ($M) | ▼ | $248 | -2.42 | $250 |
| Loan Growth YoY (%) | ▼ | 66.65% | -0.89 | 67.54% |
| Total Deposits ($M) | ▲ | $368 | +1.33 | $367 |
| Shareholders Equity ($M) | ▲ | $35 | +3.94 | $31 |
| Tang. Book Value ($M) | ▲ | $27 | +3.93 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.07 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 66.65% | -0.89 | 67.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.05 | 0.28% |
| Allowance / Loans (%) | — | 1.01% | -0.01% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.55% | +0.09 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.29% | +1.00 | 13.28% |
Noninterest income ($0.66M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 2.65% | 2.75% | 3.20% | 3.35% | 3.41% | 3.48% | 3.60% | 3.66% |
| ▁▁▄▇▇█▆█ | Return on Assets (%) | 0.67% | 0.64% | 0.89% | 1.15% | 1.12% | 1.17% | 1.03% | 1.24% |
| ▆█▆▁▂▂▅▁ | Efficiency Ratio (%) | 71.2% | 73.7% | 71.1% | 65.7% | 66.8% | 67.2% | 70.6% | 66.6% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 1.85% | 1.75% | 1.57% | 1.56% | 1.56% | 1.45% | 1.33% | 1.32% |
| ▁▁▂▇▃▃▇█ | NPA / Assets (%) | 0.09% | 0.09% | 0.15% | 0.28% | 0.17% | 0.16% | 0.30% | 0.33% |
| ▁▁▂▇▃▃▇█ | Net Charge-Off Ratio (%) | 0.17% | 0.15% | 0.25% | 0.46% | 0.28% | 0.26% | 0.49% | 0.55% |
| ▃▁▃▄████ | Tang. Book Value ($M) | $23 | $20 | $22 | $23 | $27 | $27 | $27 | $27 |
| ▁▄▅▇██▆▆ | Gross Loans ($M) | $236 | $243 | $247 | $250 | $255 | $253 | $248 | $248 |
| ▅▁▆▇█▃▆█ | Total Deposits ($M) | $361 | $353 | $364 | $367 | $370 | $358 | $364 | $368 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 8% |
| Agricultural | 13% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 3% |