Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.19 | 1.62% |
| Return on Equity (%) | ▼ | 19.52% | -0.01 | 19.53% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.49 | 3.45% |
| Efficiency Ratio (%) | ▲ | 58.04% | -0.73 | 58.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.63% | -0.10 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $159 | +4.44 | $155 |
| Gross Loans ($M) | ▲ | $124 | +13.87 | $110 |
| Loan Growth YoY (%) | ▲ | 86.46% | +8.05 | 78.41% |
| Total Deposits ($M) | ▲ | $142 | +3.04 | $139 |
| Shareholders Equity ($M) | ▲ | $15 | +1.80 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.80 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.57 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 86.46% | +8.05 | 78.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.22 | 0.05% |
| Allowance / Loans (%) | — | 1.11% | -0.07% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.34% | +0.27 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.26M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.12% | 3.16% | 3.42% | 3.45% | 3.56% | 3.62% | 3.88% | 3.94% |
| ▂▁▃▄▆▆██ | Return on Assets (%) | 1.48% | 1.42% | 1.55% | 1.62% | 1.70% | 1.75% | 1.85% | 1.81% |
| ▆█▅▃▂▂▁▂ | Efficiency Ratio (%) | 61.1% | 63.1% | 60.2% | 58.8% | 57.8% | 57.7% | 56.6% | 58.0% |
| █▆▄▄▂▁▁▂ | Cost of Funds (%) | 2.00% | 1.86% | 1.75% | 1.73% | 1.65% | 1.55% | 1.58% | 1.63% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.05% | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.29% | 0.26% |
| ▁▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.07% | 0.07% | 0.07% | 0.06% | 0.06% | 0.06% | 0.39% | 0.34% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $13 | $12 | $13 | $13 | $14 | $15 | $15 | $15 |
| ▁▁▂▃▄▇██ | Gross Loans ($M) | $104 | $105 | $108 | $110 | $112 | $120 | $124 | $124 |
| ▁▃▄▄▄▇█▆ | Total Deposits ($M) | $132 | $136 | $139 | $139 | $139 | $143 | $146 | $142 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 6% |