Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.92% | +0.00 | 1.92% |
| Return on Equity (%) | ▼ | 17.35% | -1.45 | 18.80% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.14 | 3.54% |
| Efficiency Ratio (%) | ▼ | 50.94% | +0.14 | 50.80% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.26% | -0.06 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $275 | +0.25 | $274 |
| Gross Loans ($M) | ▼ | $111 | -2.53 | $113 |
| Loan Growth YoY (%) | ▼ | 47.79% | -0.52 | 48.31% |
| Total Deposits ($M) | ▼ | $229 | -2.72 | $232 |
| Shareholders Equity ($M) | ▲ | $31 | +2.62 | $29 |
| Tang. Book Value ($M) | ▲ | $31 | +2.62 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +3.05 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 47.79% | -0.52 | 48.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.02 | 0.16% |
| Allowance / Loans (%) | — | 1.07% | 0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.44% | +0.11 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.43% | +1.15 | 23.28% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▃▅▆▆█ | Net Interest Margin (%) | 3.70% | 3.69% | 3.47% | 3.54% | 3.59% | 3.64% | 3.62% | 3.67% |
| █▄▁██▃▅█ | Return on Assets (%) | 1.95% | 1.79% | 1.67% | 1.92% | 1.94% | 1.76% | 1.82% | 1.92% |
| ▄█▇▁▁▅▃▁ | Efficiency Ratio (%) | 52.3% | 55.1% | 54.2% | 50.8% | 50.4% | 52.9% | 52.1% | 50.9% |
| ▅█▅▅▅▃▁▃ | Cost of Funds (%) | 1.30% | 1.39% | 1.32% | 1.31% | 1.31% | 1.28% | 1.21% | 1.26% |
| █▁▄▁▁▆█▂ | NPA / Assets (%) | 0.23% | 0.16% | 0.19% | 0.16% | 0.16% | 0.21% | 0.24% | 0.18% |
| ▅▁▃▁▁▃█▄ | Net Charge-Off Ratio (%) | 0.46% | 0.36% | 0.40% | 0.33% | 0.35% | 0.42% | 0.58% | 0.44% |
| ▅▁▂▅█▇▆█ | Tang. Book Value ($M) | $29 | $26 | $27 | $29 | $31 | $30 | $30 | $31 |
| ▁▅▃▃▃█▃▁ | Gross Loans ($M) | $110 | $117 | $113 | $113 | $113 | $121 | $114 | $111 |
| ▄▁▇██▄█▇ | Total Deposits ($M) | $216 | $201 | $230 | $232 | $232 | $214 | $235 | $229 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 22% |
| Agricultural | 3% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 9% |