Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.40% | +2.33 | 1.07% |
| Return on Equity (%) | ▲ | 26.38% | +17.21 | 9.17% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.48 | 2.97% |
| Efficiency Ratio (%) | ▲ | 32.82% | -27.78 | 60.60% |
| Pre-Provision Profit ($M) | ▲ | $5 | +3.89 | $1 |
| Cost of Funds (%) | ▲ | 2.12% | -0.44 | 2.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $257 | -7.66 | $265 |
| Gross Loans ($M) | ▲ | $130 | +3.52 | $127 |
| Loan Growth YoY (%) | ▲ | 58.21% | +4.95 | 53.27% |
| Total Deposits ($M) | ▼ | $218 | -13.96 | $232 |
| Shareholders Equity ($M) | ▲ | $36 | +5.48 | $30 |
| Tang. Book Value ($M) | ▲ | $36 | +5.48 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +5.59 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 58.21% | +4.95 | 53.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.28 | 0.49% |
| Allowance / Loans (%) | — | 2.26% | 0.05% | 2.21% |
| Net Charge-Off Ratio (%) | ▼ | 1.37% | +0.39 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.17% | +3.95 | 22.23% |
Noninterest income ($3.88M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇▁▁▃▄▇█ | Net Interest Margin (%) | 3.35% | 3.34% | 3.00% | 2.97% | 3.10% | 3.19% | 3.34% | 3.45% |
| ▁▁▁▁▁▁▁█ | Return on Assets (%) | 1.12% | 1.17% | 0.87% | 1.07% | 1.08% | 1.13% | 1.09% | 3.40% |
| ▇▆█████▁ | Efficiency Ratio (%) | 55.4% | 54.1% | 61.5% | 60.6% | 59.7% | 58.0% | 60.1% | 32.8% |
| █▆██▆▃▁▁ | Cost of Funds (%) | 2.57% | 2.41% | 2.55% | 2.56% | 2.42% | 2.28% | 2.11% | 2.12% |
| ▂█▃▁▁█▄▆ | NPA / Assets (%) | 0.55% | 0.86% | 0.60% | 0.49% | 0.49% | 0.90% | 0.66% | 0.77% |
| ▂█▃▁▁▇▃▅ | Net Charge-Off Ratio (%) | 1.11% | 1.76% | 1.23% | 0.98% | 0.92% | 1.61% | 1.14% | 1.37% |
| ▂▁▁▁▃▄▄█ | Tang. Book Value ($M) | $31 | $30 | $31 | $30 | $32 | $32 | $33 | $36 |
| ▂▁▂▃███▆ | Gross Loans ($M) | $125 | $123 | $125 | $127 | $133 | $134 | $133 | $130 |
| ▁▃▃█▂▅▃▁ | Total Deposits ($M) | $218 | $223 | $222 | $232 | $221 | $226 | $221 | $218 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 35% |
| Agricultural | 2% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 17% |