Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.25 | 1.60% |
| Return on Equity (%) | ▲ | 21.81% | +1.91 | 19.90% |
| Net Interest Margin (%) | ▲ | 4.67% | +0.24 | 4.43% |
| Efficiency Ratio (%) | ▲ | 65.23% | -2.50 | 67.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 0.52% | -0.01 | 0.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $153 | +8.01 | $145 |
| Gross Loans ($M) | ▲ | $76 | +6.84 | $69 |
| Loan Growth YoY (%) | ▲ | 53.77% | +0.96 | 52.81% |
| Total Deposits ($M) | ▲ | $139 | +10.44 | $129 |
| Shareholders Equity ($M) | ▲ | $13 | +1.52 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.53 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.26 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 53.77% | +0.96 | 52.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.06 | 0.10% |
| Allowance / Loans (%) | — | 1.01% | -0.11% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.12 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.78% | -1.51 | 20.29% |
Noninterest income ($0.60M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▅█▇ | Net Interest Margin (%) | 4.29% | 4.30% | 4.30% | 4.43% | 4.45% | 4.53% | 4.73% | 4.67% |
| ▅▁▄▄▅▂▆█ | Return on Assets (%) | 1.61% | 1.36% | 1.57% | 1.60% | 1.62% | 1.47% | 1.68% | 1.85% |
| ▆▇█▆▄▅▅▁ | Efficiency Ratio (%) | 67.9% | 68.6% | 69.1% | 67.7% | 67.1% | 67.3% | 67.2% | 65.2% |
| ▃█▄▃▇█▁▂ | Cost of Funds (%) | 0.54% | 0.64% | 0.55% | 0.53% | 0.63% | 0.65% | 0.48% | 0.52% |
| ▁▁▁██▂▃▄ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.10% | 0.10% | 0.02% | 0.03% | 0.04% |
| ▂▁▁██▂▃▄ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.00% | 0.21% | 0.20% | 0.03% | 0.07% | 0.09% |
| ▄▁▃▂▆█▃▇ | Tang. Book Value ($M) | $12 | $11 | $12 | $11 | $12 | $13 | $11 | $13 |
| ▁▂▃▅▇███ | Gross Loans ($M) | $58 | $62 | $63 | $69 | $73 | $74 | $75 | $76 |
| ▁▂▃▃▂▃██ | Total Deposits ($M) | $125 | $128 | $130 | $129 | $128 | $129 | $139 | $139 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 8% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 2% |