Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.47% | +0.13 | 0.34% |
| Return on Equity (%) | ▲ | 3.18% | +0.90 | 2.28% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.04 | 4.42% |
| Efficiency Ratio (%) | ▲ | 82.77% | -2.68 | 85.45% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 2.43% | -0.19 | 2.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $174 | +10.03 | $164 |
| Gross Loans ($M) | ▲ | $126 | +14.96 | $111 |
| Loan Growth YoY (%) | ▲ | 86.54% | +5.50 | 81.04% |
| Total Deposits ($M) | ▲ | $144 | +8.48 | $136 |
| Shareholders Equity ($M) | ▲ | $26 | +0.91 | $25 |
| Tang. Book Value ($M) | ▲ | $22 | +1.12 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 86.54% | +5.50 | 81.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.29% | +1.29 | 0.00% |
| Allowance / Loans (%) | — | 0.53% | 0.06% | 0.48% |
| Net Charge-Off Ratio (%) | ▼ | 1.78% | +1.78 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -20.82 | 20.82% |
Noninterest income ($0.58M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▂▁▁▂▁▁ | Net Interest Margin (%) | 5.29% | 5.26% | 4.56% | 4.42% | 4.52% | 4.62% | 4.49% | 4.46% |
| ██▁▁▃▄▄▄ | Return on Assets (%) | 0.77% | 0.73% | 0.30% | 0.34% | 0.42% | 0.49% | 0.53% | 0.47% |
| ▁▁█▇▆▅▄▅ | Efficiency Ratio (%) | 77.0% | 78.0% | 86.8% | 85.5% | 83.9% | 82.6% | 81.4% | 82.8% |
| ▄▆▁██▅▂▄ | Cost of Funds (%) | 2.43% | 2.50% | 2.30% | 2.62% | 2.59% | 2.49% | 2.36% | 2.43% |
| ▃▂▁▁▁███ | NPA / Assets (%) | 0.38% | 0.34% | 0.00% | 0.00% | 0.00% | 1.36% | 1.36% | 1.29% |
| ▃▂▁▁▁██▇ | Net Charge-Off Ratio (%) | 0.55% | 0.50% | 0.00% | 0.00% | 0.00% | 1.93% | 2.10% | 1.78% |
| ▁▂▃▄▆▇██ | Tang. Book Value ($M) | $20 | $21 | $21 | $21 | $21 | $22 | $22 | $22 |
| ▄▃▁▅▅▆▅█ | Gross Loans ($M) | $106 | $104 | $93 | $111 | $112 | $117 | $112 | $126 |
| ▁▁█▅▆▆██ | Total Deposits ($M) | $126 | $128 | $144 | $136 | $137 | $138 | $143 | $144 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Agricultural | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 88% |
| Brokered / Other | 7% |