Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.70% | -0.05 | 1.75% |
| Return on Equity (%) | ▼ | 13.04% | -1.20 | 14.24% |
| Net Interest Margin (%) | ▲ | 7.46% | +0.56 | 6.90% |
| Efficiency Ratio (%) | ▲ | 67.77% | -0.79 | 68.56% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.30% | -0.68 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $121 | +5.09 | $116 |
| Gross Loans ($M) | ▲ | $88 | +6.87 | $81 |
| Loan Growth YoY (%) | ▼ | 90.36% | -13.46 | 103.82% |
| Total Deposits ($M) | ▲ | $96 | +19.09 | $77 |
| Shareholders Equity ($M) | ▲ | $17 | +1.67 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.67 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 90.36% | -13.46 | 103.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.57% | +1.28 | 0.29% |
| Allowance / Loans (%) | — | 1.26% | -0.07% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 2.13% | +1.72 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.85% | -0.25 | 16.09% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▃▅▄▅▇ | Net Interest Margin (%) | 7.58% | 7.33% | 6.63% | 6.90% | 7.14% | 7.10% | 7.11% | 7.46% |
| ▇▁▃▅▆█▁▅ | Return on Assets (%) | 1.92% | 1.28% | 1.47% | 1.75% | 1.87% | 2.08% | 1.26% | 1.70% |
| ▅██▄▃▁▆▄ | Efficiency Ratio (%) | 69.1% | 74.2% | 73.4% | 68.6% | 66.8% | 63.8% | 71.2% | 67.8% |
| ▇█▇▆▆▃▃▁ | Cost of Funds (%) | 2.04% | 2.22% | 2.09% | 1.97% | 1.92% | 1.62% | 1.58% | 1.30% |
| █▁▁▁█▂▄▄ | NPA / Assets (%) | 3.46% | 0.00% | 0.15% | 0.29% | 3.29% | 0.85% | 1.45% | 1.57% |
| ▁▁▁▁█▃▃▄ | Net Charge-Off Ratio (%) | 0.18% | 0.00% | 0.21% | 0.41% | 4.81% | 1.25% | 1.63% | 2.13% |
| ▃▁▃▃▆█▇█ | Tang. Book Value ($M) | $14 | $13 | $14 | $14 | $15 | $16 | $16 | $16 |
| ▁▃▅▆▆███ | Gross Loans ($M) | $70 | $75 | $80 | $81 | $84 | $87 | $87 | $88 |
| ▁▂▃▃▆███ | Total Deposits ($M) | $69 | $74 | $78 | $77 | $88 | $95 | $97 | $96 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 17% |
| Agricultural | 38% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 19% |