Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.80% | +0.44 | 1.36% |
| Return on Equity (%) | ▲ | 15.86% | +3.10 | 12.76% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.53 | 3.20% |
| Efficiency Ratio (%) | ▲ | 58.09% | -6.00 | 64.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 1.90% | -0.16 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $298 | +19.12 | $279 |
| Gross Loans ($M) | ▲ | $222 | +17.05 | $204 |
| Loan Growth YoY (%) | ▲ | 86.31% | +1.21 | 85.10% |
| Total Deposits ($M) | ▲ | $254 | +16.58 | $238 |
| Shareholders Equity ($M) | ▲ | $34 | +3.50 | $31 |
| Tang. Book Value ($M) | ▲ | $31 | +3.50 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.67 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 86.31% | +1.21 | 85.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.59% | -0.45 | 1.03% |
| Allowance / Loans (%) | — | 0.88% | -0.14% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.79% | -0.62 | 1.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -14.23 | 14.23% |
Noninterest income ($0.84M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▃▇█ | Net Interest Margin (%) | 3.19% | 3.15% | 3.13% | 3.20% | 3.28% | 3.35% | 3.65% | 3.73% |
| ▃▂▁▄▄▄▇█ | Return on Assets (%) | 1.27% | 1.25% | 1.10% | 1.36% | 1.37% | 1.36% | 1.67% | 1.80% |
| ▆▆█▅▅▅▃▁ | Efficiency Ratio (%) | 66.0% | 66.2% | 69.4% | 64.1% | 64.4% | 64.8% | 61.1% | 58.1% |
| █▆▆▆▅▃▁▁ | Cost of Funds (%) | 2.16% | 2.08% | 2.09% | 2.06% | 2.04% | 1.99% | 1.89% | 1.90% |
| ▅▇█▆▇▄▁▁ | NPA / Assets (%) | 0.93% | 1.04% | 1.19% | 1.03% | 1.05% | 0.88% | 0.60% | 0.59% |
| ▅▇█▆▆▂▁▁ | Net Charge-Off Ratio (%) | 1.22% | 1.43% | 1.63% | 1.41% | 1.40% | 0.96% | 0.80% | 0.79% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $26 | $26 | $27 | $28 | $29 | $30 | $31 | $31 |
| ▁▂▂▃▅▆██ | Gross Loans ($M) | $198 | $204 | $204 | $204 | $211 | $213 | $219 | $222 |
| ▁▅▅▅▅▇▇█ | Total Deposits ($M) | $217 | $236 | $236 | $238 | $238 | $247 | $249 | $254 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 13% |
| Agricultural | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 13% |