Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.96% | -0.39 | 1.36% |
| Return on Equity (%) | ▼ | 8.70% | -3.18 | 11.88% |
| Net Interest Margin (%) | ▼ | 4.48% | -0.27 | 4.75% |
| Efficiency Ratio (%) | ▼ | 72.31% | +7.26 | 65.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▼ | 1.91% | +0.06 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $302 | +52.80 | $250 |
| Gross Loans ($M) | ▲ | $210 | +31.63 | $179 |
| Loan Growth YoY (%) | ▼ | 77.62% | -2.81 | 80.43% |
| Total Deposits ($M) | ▲ | $268 | +48.59 | $219 |
| Shareholders Equity ($M) | ▲ | $33 | +3.81 | $29 |
| Tang. Book Value ($M) | ▼ | $29 | -0.14 | $29 |
| TBV excl. AOCI ($M)** | ▼ | $31 | -0.30 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 77.62% | -2.81 | 80.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.83% | -0.84 | 1.68% |
| Allowance / Loans (%) | — | 1.19% | -0.18% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.76 | 1.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.57M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▇▇█▇▁▂ | Net Interest Margin (%) | 4.56% | 4.61% | 4.76% | 4.75% | 4.82% | 4.74% | 4.41% | 4.48% |
| ██▆▇▇▇▁▃ | Return on Assets (%) | 1.41% | 1.47% | 1.24% | 1.36% | 1.38% | 1.33% | 0.78% | 0.96% |
| ▁▁▃▃▂▂█▆ | Efficiency Ratio (%) | 61.3% | 60.4% | 66.6% | 65.1% | 64.3% | 64.2% | 78.9% | 72.3% |
| █▇▅▅▇▆▁▆ | Cost of Funds (%) | 2.01% | 1.95% | 1.83% | 1.85% | 1.94% | 1.91% | 1.61% | 1.91% |
| ▇█▇███▁▁ | NPA / Assets (%) | 1.47% | 1.60% | 1.56% | 1.68% | 1.59% | 1.61% | 0.91% | 0.83% |
| ▇█▇▇▇█▃▁ | Net Charge-Off Ratio (%) | 1.11% | 1.24% | 1.09% | 1.03% | 1.12% | 1.18% | 0.60% | 0.27% |
| ▁▁▄▅▇█▃▅ | Tang. Book Value ($M) | $26 | $26 | $28 | $29 | $31 | $31 | $28 | $29 |
| ▁▂▂▃▄▅██ | Gross Loans ($M) | $162 | $168 | $171 | $179 | $184 | $191 | $205 | $210 |
| ▁▁▂▂▁▁██ | Total Deposits ($M) | $206 | $206 | $214 | $219 | $211 | $213 | $270 | $268 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 9% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |