Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.17% | +0.19 | 1.98% |
| Return on Equity (%) | ▲ | 9.57% | +0.37 | 9.20% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.02 | 3.75% |
| Efficiency Ratio (%) | ▼ | 44.59% | +1.20 | 43.39% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▼ | 0.68% | +0.07 | 0.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $195 | -1.75 | $197 |
| Gross Loans ($M) | ▼ | $21 | -0.59 | $21 |
| Loan Growth YoY (%) | ▲ | 13.52% | +0.03 | 13.49% |
| Total Deposits ($M) | ▼ | $147 | -4.30 | $151 |
| Shareholders Equity ($M) | ▲ | $46 | +2.47 | $43 |
| Tang. Book Value ($M) | ▲ | $46 | +2.47 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +2.74 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 13.52% | +0.03 | 13.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 3.02% | -0.18% | 3.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.29 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 153.07% | +12.43 | 140.64% |
Noninterest income ($0.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄█▇▇▆█ | Net Interest Margin (%) | 3.32% | 3.34% | 3.53% | 3.75% | 3.69% | 3.67% | 3.62% | 3.78% |
| ▃▁▃▄▃▁█▆ | Return on Assets (%) | 1.85% | 1.59% | 1.81% | 1.98% | 1.88% | 1.68% | 2.47% | 2.17% |
| ▄█▂▁▁▆▂▂ | Efficiency Ratio (%) | 47.1% | 52.6% | 45.4% | 43.4% | 43.9% | 49.6% | 45.2% | 44.6% |
| ▆▅▂▂▁██▆ | Cost of Funds (%) | 0.67% | 0.66% | 0.61% | 0.61% | 0.59% | 0.70% | 0.71% | 0.68% |
| █▇▃▁█▄▄▆ | NPA / Assets (%) | 0.04% | 0.04% | 0.01% | 0.00% | 0.04% | 0.02% | 0.02% | 0.03% |
| █▆▃▁█▄▄▆ | Net Charge-Off Ratio (%) | 0.39% | 0.32% | 0.12% | 0.01% | 0.43% | 0.21% | 0.22% | 0.31% |
| ▂▁▃▅▇▆██ | Tang. Book Value ($M) | $42 | $41 | $42 | $43 | $45 | $45 | $45 | $46 |
| ▁█▁▄▇▆▁▂ | Gross Loans ($M) | $20 | $22 | $20 | $21 | $22 | $22 | $20 | $21 |
| ▁▂▅▃█▅▄▂ | Total Deposits ($M) | $144 | $148 | $155 | $151 | $165 | $157 | $152 | $147 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 8% |
| Agricultural | 31% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 2% |