Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.29 | 1.26% |
| Return on Equity (%) | ▲ | 20.47% | +0.30 | 20.17% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.43 | 2.87% |
| Efficiency Ratio (%) | ▲ | 59.28% | -3.21 | 62.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 1.96% | -0.26 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $276 | +12.77 | $263 |
| Gross Loans ($M) | ▲ | $170 | +7.91 | $163 |
| Loan Growth YoY (%) | ▼ | 79.67% | -0.79 | 80.46% |
| Total Deposits ($M) | ▲ | $211 | +11.76 | $200 |
| Shareholders Equity ($M) | ▲ | $21 | +2.91 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +2.92 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +3.13 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 79.67% | -0.79 | 80.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.04 | 0.04% |
| Allowance / Loans (%) | — | 1.19% | 0.02% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -16.98 | 16.98% |
Noninterest income ($0.63M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.50% | 2.44% | 2.81% | 2.87% | 2.94% | 2.92% | 3.30% | 3.30% |
| ▁▁▅▅▆▅██ | Return on Assets (%) | 0.88% | 0.86% | 1.24% | 1.26% | 1.29% | 1.27% | 1.52% | 1.55% |
| ██▃▃▂▃▁▁ | Efficiency Ratio (%) | 71.4% | 71.3% | 63.0% | 62.5% | 62.3% | 62.4% | 59.8% | 59.3% |
| ▇█▃▆▅▆▁▃ | Cost of Funds (%) | 2.38% | 2.47% | 1.97% | 2.21% | 2.13% | 2.22% | 1.78% | 1.96% |
| █▆█▁▁▁▁▃ | NPA / Assets (%) | 0.19% | 0.13% | 0.17% | 0.04% | 0.05% | 0.03% | 0.05% | 0.07% |
| █▆█▁▁▁▁▃ | Net Charge-Off Ratio (%) | 0.30% | 0.23% | 0.30% | 0.06% | 0.08% | 0.06% | 0.08% | 0.12% |
| ▄▁▃▅▇███ | Tang. Book Value ($M) | $15 | $12 | $15 | $16 | $18 | $19 | $19 | $19 |
| ▂▁▁▅▇▇▆█ | Gross Loans ($M) | $156 | $154 | $154 | $163 | $167 | $168 | $165 | $170 |
| ▁▄▄▄▃██▇ | Total Deposits ($M) | $186 | $200 | $199 | $200 | $195 | $216 | $212 | $211 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 3% |
| Agricultural | 19% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 15% |