Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.78% | -0.35 | 1.13% |
| Return on Equity (%) | ▼ | 12.97% | -8.81 | 21.78% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.21 | 4.14% |
| Efficiency Ratio (%) | ▼ | 81.11% | +6.57 | 74.54% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.81% | -0.11 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $194 | +3.50 | $191 |
| Gross Loans ($M) | ▲ | $132 | +2.96 | $129 |
| Loan Growth YoY (%) | ▲ | 76.18% | +0.43 | 75.76% |
| Total Deposits ($M) | ▲ | $172 | +2.93 | $169 |
| Shareholders Equity ($M) | ▲ | $12 | +0.97 | $11 |
| Tang. Book Value ($M) | ▲ | $11 | +0.97 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.17 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 76.18% | +0.43 | 75.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.22% | -0.00 | 1.22% |
| Allowance / Loans (%) | — | 0.64% | -0.01% | 0.65% |
| Net Charge-Off Ratio (%) | ▲ | 1.62% | -0.00 | 1.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 20.62% | -0.65 | 21.27% |
Noninterest income ($0.39M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▆███ | Net Interest Margin (%) | 3.77% | 3.80% | 3.96% | 4.14% | 4.18% | 4.29% | 4.32% | 4.35% |
| █▇▃▅▅▅▁▁ | Return on Assets (%) | 1.43% | 1.30% | 1.00% | 1.13% | 1.15% | 1.11% | 0.76% | 0.78% |
| ▅▅▃▁▁▂██ | Efficiency Ratio (%) | 78.1% | 78.1% | 76.5% | 74.5% | 74.3% | 75.7% | 81.5% | 81.1% |
| ██▆▃▃▂▁▁ | Cost of Funds (%) | 2.22% | 2.22% | 2.08% | 1.91% | 1.92% | 1.87% | 1.84% | 1.81% |
| ▁▂▂▅█▇▆▅ | NPA / Assets (%) | 0.83% | 0.92% | 0.97% | 1.22% | 1.54% | 1.42% | 1.33% | 1.22% |
| ▁▂▂▅█▇▆▅ | Net Charge-Off Ratio (%) | 1.01% | 1.15% | 1.25% | 1.62% | 2.13% | 1.99% | 1.82% | 1.62% |
| ▅▁▃▅▇█▇█ | Tang. Book Value ($M) | $10 | $9 | $10 | $10 | $11 | $12 | $11 | $11 |
| ▄██▅▄▁▁█ | Gross Loans ($M) | $128 | $132 | $133 | $129 | $128 | $124 | $125 | $132 |
| ▁▄▆▇▇▆▆█ | Total Deposits ($M) | $155 | $162 | $166 | $169 | $170 | $167 | $167 | $172 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 6% |
| Agricultural | 12% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 16% |