Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.98% | -0.39 | 1.38% |
| Return on Equity (%) | ▼ | 9.96% | -5.46 | 15.42% |
| Net Interest Margin (%) | ▼ | 4.44% | -0.30 | 4.73% |
| Efficiency Ratio (%) | ▼ | 78.94% | +7.15 | 71.80% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.69 | $1 |
| Cost of Funds (%) | ▼ | 2.55% | +0.01 | 2.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $299 | +2.06 | $297 |
| Gross Loans ($M) | ▼ | $228 | -8.40 | $237 |
| Loan Growth YoY (%) | ▼ | 87.62% | -3.15 | 90.76% |
| Total Deposits ($M) | ▼ | $258 | -0.28 | $258 |
| Shareholders Equity ($M) | ▲ | $29 | +2.52 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +2.55 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 87.62% | -3.15 | 90.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.44% | +0.39 | 2.05% |
| Allowance / Loans (%) | — | 1.15% | 0.02% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 2.86% | +0.69 | 2.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.06M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█▇█▇▂▁ | Net Interest Margin (%) | 4.44% | 4.52% | 4.80% | 4.73% | 4.76% | 4.73% | 4.48% | 4.44% |
| ▆▁▆█▇▆█▃ | Return on Assets (%) | 1.18% | 0.78% | 1.24% | 1.38% | 1.30% | 1.18% | 1.41% | 0.98% |
| ▅▅▄▂▃▃▁█ | Efficiency Ratio (%) | 75.0% | 75.0% | 73.6% | 71.8% | 72.8% | 72.9% | 69.7% | 78.9% |
| ██▂▄▅▃▁▄ | Cost of Funds (%) | 2.91% | 3.00% | 2.41% | 2.53% | 2.70% | 2.50% | 2.25% | 2.55% |
| ▅█▁▁▂▆█▄ | NPA / Assets (%) | 2.58% | 2.90% | 2.14% | 2.05% | 2.19% | 2.65% | 2.91% | 2.44% |
| ▇█▂▁▁▆█▄ | Net Charge-Off Ratio (%) | 3.39% | 3.78% | 2.45% | 2.17% | 2.22% | 3.28% | 3.58% | 2.86% |
| ▁▁▃▅▆▇██ | Tang. Book Value ($M) | $24 | $24 | $25 | $26 | $27 | $28 | $28 | $29 |
| ▅▂▆█▇▁▄▆ | Gross Loans ($M) | $222 | $212 | $225 | $237 | $230 | $204 | $217 | $228 |
| █▁▆▅▁▂▆▅ | Total Deposits ($M) | $264 | $248 | $260 | $258 | $250 | $252 | $260 | $258 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 5% |
| Agricultural | 21% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 16% |