Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.32% | +0.12 | 0.20% |
| Return on Equity (%) | ▲ | 3.77% | +0.95 | 2.82% |
| Net Interest Margin (%) | ▲ | 2.34% | +0.11 | 2.24% |
| Efficiency Ratio (%) | ▲ | 84.62% | -5.76 | 90.38% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▼ | 0.82% | +0.07 | 0.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $378 | +15.52 | $362 |
| Gross Loans ($M) | ▲ | $99 | +5.49 | $93 |
| Loan Growth YoY (%) | ▲ | 29.57% | +0.80 | 28.76% |
| Total Deposits ($M) | ▲ | $332 | +9.90 | $322 |
| Shareholders Equity ($M) | ▲ | $33 | +4.96 | $28 |
| Tang. Book Value ($M) | ▲ | $33 | +4.96 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +4.99 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 29.57% | +0.80 | 28.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.05 | 0.10% |
| Allowance / Loans (%) | — | 0.60% | -0.07% | 0.67% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.18 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▃▄▃▄▅█ | Net Interest Margin (%) | 2.19% | 2.14% | 2.20% | 2.24% | 2.21% | 2.22% | 2.27% | 2.34% |
| ▇▅▁▄▃▃▅█ | Return on Assets (%) | 0.28% | 0.23% | 0.12% | 0.20% | 0.19% | 0.18% | 0.24% | 0.32% |
| ▂▃█▅▅▆▃▁ | Efficiency Ratio (%) | 86.4% | 87.3% | 94.0% | 90.4% | 90.4% | 91.0% | 88.1% | 84.6% |
| ▁▁▁▂█▆▅▄ | Cost of Funds (%) | 0.73% | 0.73% | 0.70% | 0.75% | 0.94% | 0.87% | 0.85% | 0.82% |
| █▇▇▇▆▆▆▁ | NPA / Assets (%) | 0.10% | 0.09% | 0.09% | 0.10% | 0.09% | 0.09% | 0.09% | 0.05% |
| ████▆▆▆▁ | Net Charge-Off Ratio (%) | 0.39% | 0.37% | 0.38% | 0.38% | 0.32% | 0.34% | 0.32% | 0.19% |
| ▃▁▃▅▇███ | Tang. Book Value ($M) | $26 | $23 | $26 | $28 | $31 | $32 | $32 | $33 |
| ▄▂▁▃██▇▆ | Gross Loans ($M) | $95 | $92 | $89 | $93 | $103 | $103 | $100 | $99 |
| ▁▅▃▂▃█▄▄ | Total Deposits ($M) | $312 | $334 | $324 | $322 | $324 | $354 | $330 | $332 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 17% |
| Agricultural | 17% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 11% |