Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.48% | -0.20 | 0.69% |
| Return on Equity (%) | ▼ | 3.91% | -2.47 | 6.38% |
| Net Interest Margin (%) | ▲ | 4.40% | +0.04 | 4.36% |
| Efficiency Ratio (%) | ▲ | 84.52% | -0.58 | 85.10% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 2.34% | -0.53 | 2.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $243 | -32.65 | $276 |
| Gross Loans ($M) | ▼ | $187 | -33.43 | $220 |
| Loan Growth YoY (%) | ▼ | 88.03% | -1.75 | 89.79% |
| Total Deposits ($M) | ▼ | $210 | -33.47 | $243 |
| Shareholders Equity ($M) | ▲ | $31 | +0.86 | $30 |
| Tang. Book Value ($M) | ▲ | $27 | +0.86 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 88.03% | -1.75 | 89.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.51% | +0.74 | 2.77% |
| Allowance / Loans (%) | — | 1.05% | 0.29% | 0.75% |
| Net Charge-Off Ratio (%) | ▼ | 4.51% | +1.23 | 3.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.62M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆██▇▅█ | Net Interest Margin (%) | 3.74% | 3.80% | 4.22% | 4.36% | 4.42% | 4.30% | 4.15% | 4.40% |
| ▄▁▅██▃▅▃ | Return on Assets (%) | 0.54% | 0.37% | 0.58% | 0.69% | 0.72% | 0.47% | 0.55% | 0.48% |
| ▆█▄▄▂▃▁▃ | Efficiency Ratio (%) | 87.3% | 89.4% | 85.2% | 85.1% | 83.6% | 84.2% | 81.9% | 84.5% |
| ██▅▅▄▄▂▁ | Cost of Funds (%) | 3.37% | 3.34% | 2.95% | 2.87% | 2.80% | 2.74% | 2.56% | 2.34% |
| ▂▄▇▆▁▇▆█ | NPA / Assets (%) | 1.72% | 2.34% | 3.16% | 2.77% | 1.38% | 3.02% | 2.87% | 3.51% |
| ▂▄▆▅▁▇▆█ | Net Charge-Off Ratio (%) | 2.08% | 2.83% | 3.75% | 3.28% | 1.58% | 3.99% | 3.75% | 4.51% |
| █▁▂▃█▄▆█ | Tang. Book Value ($M) | $27 | $25 | $26 | $26 | $27 | $26 | $26 | $27 |
| █▇█▇▄▁▁▁ | Gross Loans ($M) | $231 | $223 | $227 | $220 | $203 | $190 | $189 | $187 |
| █▇▆▅▄▂▂▁ | Total Deposits ($M) | $265 | $252 | $250 | $243 | $237 | $223 | $217 | $210 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 9% |
| Agricultural | 9% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 22% |