Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.10 | 1.59% |
| Return on Equity (%) | ▲ | 18.15% | +1.35 | 16.80% |
| Net Interest Margin (%) | ▼ | 4.36% | -0.03 | 4.39% |
| Efficiency Ratio (%) | ▼ | 61.21% | +0.03 | 61.19% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.24 | $2 |
| Cost of Funds (%) | ▼ | 1.25% | +0.02 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $502 | +33.32 | $468 |
| Gross Loans ($M) | ▲ | $355 | +34.47 | $321 |
| Loan Growth YoY (%) | ▲ | 79.98% | +2.78 | 77.20% |
| Total Deposits ($M) | ▲ | $440 | +27.71 | $412 |
| Shareholders Equity ($M) | ▲ | $47 | +2.43 | $45 |
| Tang. Book Value ($M) | ▲ | $36 | +2.92 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +2.68 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 79.98% | +2.78 | 77.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.15 | 0.24% |
| Allowance / Loans (%) | — | 0.95% | 0.17% | 0.79% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.10 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.04M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▇▇█████ | Net Interest Margin (%) | 3.46% | 4.22% | 4.31% | 4.39% | 4.42% | 4.43% | 4.32% | 4.36% |
| ▁▆▇▇▇▅▇█ | Return on Assets (%) | 1.13% | 1.54% | 1.56% | 1.59% | 1.57% | 1.43% | 1.59% | 1.69% |
| █▁▁▁▁▁▃▁ | Efficiency Ratio (%) | 65.2% | 61.1% | 60.9% | 61.2% | 60.8% | 61.1% | 62.4% | 61.2% |
| ▅█▁▁▂▂▁▁ | Cost of Funds (%) | 1.58% | 1.92% | 1.16% | 1.24% | 1.29% | 1.31% | 1.21% | 1.25% |
| ██▅▅▅▂▁▁ | NPA / Assets (%) | 0.39% | 0.37% | 0.27% | 0.24% | 0.23% | 0.13% | 0.06% | 0.10% |
| ██▆▃▃▂▁▁ | Net Charge-Off Ratio (%) | 0.55% | 0.53% | 0.41% | 0.24% | 0.21% | 0.18% | 0.08% | 0.14% |
| ▁▆▇▇█▇▇█ | Tang. Book Value ($M) | $20 | $31 | $33 | $33 | $35 | $34 | $34 | $36 |
| ▁▆▆▇▇███ | Gross Loans ($M) | $216 | $315 | $312 | $321 | $330 | $341 | $339 | $355 |
| ▁▇▇▇▇▇██ | Total Deposits ($M) | $268 | $407 | $423 | $412 | $405 | $418 | $446 | $440 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 8% |
| Agricultural | 15% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 5% |