Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.65% | +0.06 | 0.59% |
| Return on Equity (%) | ▼ | 4.67% | -0.01 | 4.68% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.45 | 3.38% |
| Efficiency Ratio (%) | ▼ | 83.69% | +0.56 | 83.14% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.21 | $0 |
| Cost of Funds (%) | ▲ | 0.45% | -0.27 | 0.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $210 | -8.60 | $219 |
| Gross Loans ($M) | ▼ | $96 | -3.44 | $100 |
| Loan Growth YoY (%) | ▲ | 52.34% | +0.89 | 51.45% |
| Total Deposits ($M) | ▼ | $180 | -9.25 | $189 |
| Shareholders Equity ($M) | ▲ | $30 | +1.08 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +1.08 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +0.75 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 52.34% | +0.89 | 51.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.04% | -0.03 | 1.07% |
| Allowance / Loans (%) | — | 2.23% | -0.20% | 2.43% |
| Net Charge-Off Ratio (%) | ▲ | 2.22% | -0.11 | 2.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.55M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 3.08% | 3.12% | 3.32% | 3.38% | 3.46% | 3.55% | 3.73% | 3.83% |
| █▁█▁▁▁▂▃ | Return on Assets (%) | 0.95% | 0.55% | 0.91% | 0.59% | 0.59% | 0.58% | 0.62% | 0.65% |
| ▄▇▁▇▇██▇ | Efficiency Ratio (%) | 79.3% | 83.7% | 75.5% | 83.1% | 83.3% | 84.5% | 85.2% | 83.7% |
| █▆▅▅▃▁▁▁ | Cost of Funds (%) | 0.97% | 0.83% | 0.77% | 0.72% | 0.61% | 0.47% | 0.43% | 0.45% |
| █▄▁▂▁▁▁▁ | NPA / Assets (%) | 1.44% | 1.17% | 1.01% | 1.07% | 1.05% | 1.06% | 1.02% | 1.04% |
| █▇▁▃▂▁▃▁ | Net Charge-Off Ratio (%) | 2.64% | 2.56% | 2.21% | 2.33% | 2.30% | 2.23% | 2.33% | 2.22% |
| ▃▁▃▄▆▆██ | Tang. Book Value ($M) | $28 | $28 | $28 | $28 | $29 | $29 | $29 | $30 |
| █▇▅▅▃▄▁▃ | Gross Loans ($M) | $107 | $105 | $100 | $100 | $97 | $99 | $93 | $96 |
| ▄█▅▄▂▁▂▁ | Total Deposits ($M) | $189 | $200 | $192 | $189 | $183 | $180 | $185 | $180 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 2% |