Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.04 | 1.25% |
| Return on Equity (%) | ▼ | 13.54% | -2.92 | 16.46% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.63 | 3.84% |
| Efficiency Ratio (%) | ▲ | 62.95% | -1.02 | 63.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.23% | -0.41 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $232 | -13.86 | $246 |
| Gross Loans ($M) | ▼ | $174 | -10.13 | $184 |
| Loan Growth YoY (%) | ▼ | 83.13% | -6.44 | 89.58% |
| Total Deposits ($M) | ▲ | $207 | +3.69 | $203 |
| Shareholders Equity ($M) | ▲ | $23 | +3.06 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +3.15 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +3.09 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 83.13% | -6.44 | 89.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.58% | -0.08 | 1.66% |
| Allowance / Loans (%) | — | 0.84% | -0.00% | 0.84% |
| Net Charge-Off Ratio (%) | ▲ | 2.10% | -0.13 | 2.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.67M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▄▇█ | Net Interest Margin (%) | 3.38% | 3.43% | 3.77% | 3.84% | 3.87% | 3.93% | 4.32% | 4.47% |
| ▁▂▇▄▁▂█▄ | Return on Assets (%) | 0.98% | 1.11% | 1.50% | 1.25% | 1.03% | 1.06% | 1.61% | 1.28% |
| █▇▅▄▄▅▁▃ | Efficiency Ratio (%) | 69.4% | 67.5% | 64.5% | 64.0% | 64.2% | 64.6% | 59.2% | 62.9% |
| ██▅▅▅▄▃▁ | Cost of Funds (%) | 1.99% | 1.97% | 1.66% | 1.64% | 1.65% | 1.59% | 1.44% | 1.23% |
| ▁▁▄▅█▇▇▅ | NPA / Assets (%) | 1.06% | 1.10% | 1.51% | 1.66% | 2.03% | 1.90% | 1.90% | 1.58% |
| ▁▁▄▆█▇▇▅ | Net Charge-Off Ratio (%) | 1.43% | 1.46% | 2.02% | 2.23% | 2.70% | 2.48% | 2.52% | 2.10% |
| ▃▁▃▃▇███ | Tang. Book Value ($M) | $19 | $17 | $18 | $19 | $21 | $22 | $22 | $22 |
| ▇█▆▆▆▅▂▁ | Gross Loans ($M) | $186 | $189 | $185 | $184 | $184 | $183 | $177 | $174 |
| ▁▁▃▃▄▆█▅ | Total Deposits ($M) | $198 | $199 | $202 | $203 | $204 | $208 | $213 | $207 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 14% |
| Agricultural | 7% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 13% |