Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.79% | +0.36 | 1.43% |
| Return on Equity (%) | ▲ | 14.99% | +2.32 | 12.67% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.20 | 3.55% |
| Efficiency Ratio (%) | ▲ | 58.57% | -4.78 | 63.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.01 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $298 | -9.30 | $308 |
| Gross Loans ($M) | ▼ | $174 | -1.31 | $175 |
| Loan Growth YoY (%) | ▼ | 67.40% | -1.07 | 68.47% |
| Total Deposits ($M) | ▲ | $252 | +0.66 | $251 |
| Shareholders Equity ($M) | ▲ | $36 | +0.81 | $36 |
| Tang. Book Value ($M) | ▲ | $36 | +0.81 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +0.48 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 67.40% | -1.07 | 68.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.22% | -1.47 | 2.69% |
| Allowance / Loans (%) | — | 2.29% | 0.55% | 1.75% |
| Net Charge-Off Ratio (%) | ▲ | 2.07% | -2.67 | 4.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.82M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▇█▇ | Net Interest Margin (%) | 3.34% | 3.31% | 3.45% | 3.55% | 3.60% | 3.74% | 3.82% | 3.75% |
| ▁▁▂▂▂▃█▆ | Return on Assets (%) | 1.34% | 1.33% | 1.48% | 1.43% | 1.48% | 1.54% | 1.96% | 1.79% |
| ████▇▆▁▄ | Efficiency Ratio (%) | 64.0% | 64.2% | 63.1% | 63.4% | 63.1% | 61.6% | 54.9% | 58.6% |
| █▆▄▁▂▁▁▁ | Cost of Funds (%) | 1.98% | 1.91% | 1.84% | 1.76% | 1.79% | 1.77% | 1.76% | 1.74% |
| ███▆▅▁▁▁ | NPA / Assets (%) | 3.42% | 3.44% | 3.38% | 2.69% | 2.42% | 1.43% | 1.17% | 1.22% |
| ███▅▄▂▁▁ | Net Charge-Off Ratio (%) | 6.16% | 6.57% | 6.11% | 4.73% | 4.19% | 2.67% | 2.16% | 2.07% |
| ▄▁▃▅██▅▇ | Tang. Book Value ($M) | $35 | $33 | $34 | $36 | $37 | $37 | $35 | $36 |
| ▃▁▃█▇▃▃█ | Gross Loans ($M) | $165 | $161 | $165 | $175 | $173 | $166 | $166 | $174 |
| ▂█▂▄▁▇█▄ | Total Deposits ($M) | $247 | $260 | $247 | $251 | $244 | $258 | $261 | $252 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Agricultural | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 22% |