Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.21 | 0.85% |
| Return on Equity (%) | ▲ | 13.10% | +1.27 | 11.83% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.36 | 3.46% |
| Efficiency Ratio (%) | ▲ | 71.05% | -4.20 | 75.24% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.06 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $211 | +2.09 | $209 |
| Gross Loans ($M) | ▲ | $151 | +2.23 | $149 |
| Loan Growth YoY (%) | ▼ | 80.72% | -1.04 | 81.76% |
| Total Deposits ($M) | ▲ | $184 | +4.98 | $179 |
| Shareholders Equity ($M) | ▲ | $17 | +1.91 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.90 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.76 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 80.72% | -1.04 | 81.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.13 | 0.13% |
| Allowance / Loans (%) | — | 1.25% | 0.03% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.18 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.46M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 3.00% | 3.06% | 3.33% | 3.46% | 3.54% | 3.57% | 3.75% | 3.82% |
| ▁▁▅▆▇▇▇█ | Return on Assets (%) | 0.31% | 0.37% | 0.71% | 0.85% | 0.92% | 0.89% | 0.87% | 1.06% |
| ██▃▃▂▃▁▁ | Efficiency Ratio (%) | 87.3% | 86.4% | 77.0% | 75.2% | 74.2% | 75.7% | 71.1% | 71.0% |
| █▇▅▂▃▁▁▁ | Cost of Funds (%) | 1.64% | 1.56% | 1.49% | 1.38% | 1.42% | 1.33% | 1.30% | 1.32% |
| ▃▁▁█▁▃▁▁ | NPA / Assets (%) | 0.05% | 0.00% | 0.00% | 0.13% | 0.00% | 0.04% | 0.00% | 0.00% |
| ▃▁▁█▁▃▁▁ | Net Charge-Off Ratio (%) | 0.07% | 0.00% | 0.00% | 0.18% | 0.00% | 0.05% | 0.00% | 0.00% |
| ▃▁▂▃▇▇██ | Tang. Book Value ($M) | $15 | $14 | $14 | $15 | $16 | $16 | $17 | $17 |
| ▁▂▂▅▄██▇ | Gross Loans ($M) | $142 | $145 | $144 | $149 | $147 | $152 | $152 | $151 |
| ▆█▄▃▁█▄▇ | Total Deposits ($M) | $183 | $185 | $180 | $179 | $176 | $186 | $180 | $184 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 5% |
| Agricultural | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 4% |