Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.43% | +0.29 | 0.15% |
| Return on Equity (%) | ▲ | 6.37% | +3.85 | 2.52% |
| Net Interest Margin (%) | ▲ | 3.04% | +0.46 | 2.58% |
| Efficiency Ratio (%) | ▲ | 85.34% | -13.62 | 98.95% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.30 | $0 |
| Cost of Funds (%) | ▲ | 1.88% | -0.43 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $282 | -3.50 | $285 |
| Gross Loans ($M) | ▼ | $150 | -3.04 | $153 |
| Loan Growth YoY (%) | ▲ | 59.79% | +1.65 | 58.15% |
| Total Deposits ($M) | ▼ | $248 | -11.61 | $260 |
| Shareholders Equity ($M) | ▲ | $20 | +3.26 | $17 |
| Tang. Book Value ($M) | ▲ | $20 | +3.34 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.06 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 59.79% | +1.65 | 58.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.63% | +1.06 | 0.56% |
| Allowance / Loans (%) | — | 1.22% | -0.22% | 1.44% |
| Net Charge-Off Ratio (%) | ▲ | 0.80% | -0.25 | 1.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.37M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▂▃██ | Net Interest Margin (%) | 2.61% | 2.59% | 2.49% | 2.58% | 2.62% | 2.66% | 3.04% | 3.04% |
| ▅▅▁▁▁▁▇█ | Return on Assets (%) | 0.31% | 0.29% | 0.14% | 0.15% | 0.14% | 0.16% | 0.39% | 0.43% |
| ▃▃█▇▇▆▁▁ | Efficiency Ratio (%) | 89.9% | 90.2% | 101.5% | 99.0% | 98.2% | 97.2% | 86.6% | 85.3% |
| ███▇▆▆▁▁ | Cost of Funds (%) | 2.37% | 2.39% | 2.40% | 2.31% | 2.27% | 2.26% | 1.94% | 1.88% |
| ▂▁▁▂████ | NPA / Assets (%) | 0.45% | 0.27% | 0.28% | 0.56% | 1.49% | 1.64% | 1.61% | 1.63% |
| ▂▁▁▂███▁ | Net Charge-Off Ratio (%) | 0.87% | 0.52% | 0.55% | 1.05% | 2.72% | 2.97% | 2.97% | 0.80% |
| ▄▁▁▁▄▆▆█ | Tang. Book Value ($M) | $18 | $16 | $16 | $16 | $18 | $19 | $19 | $20 |
| ▁▁▁▅█▇▄▁ | Gross Loans ($M) | $150 | $150 | $150 | $153 | $156 | $155 | $152 | $150 |
| ▁▁█▆▅▅▇▄ | Total Deposits ($M) | $232 | $231 | $271 | $260 | $251 | $252 | $266 | $248 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 13% |