Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.37 | 1.14% |
| Return on Equity (%) | ▲ | 9.88% | +2.16 | 7.72% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.26 | 3.02% |
| Efficiency Ratio (%) | ▲ | 58.77% | -8.43 | 67.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $0 |
| Cost of Funds (%) | ▼ | 1.16% | +0.01 | 1.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $185 | +3.45 | $182 |
| Gross Loans ($M) | ▼ | $67 | -1.66 | $69 |
| Loan Growth YoY (%) | ▼ | 42.30% | -1.72 | 44.02% |
| Total Deposits ($M) | ▲ | $156 | +2.26 | $154 |
| Shareholders Equity ($M) | ▲ | $29 | +1.19 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +1.19 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +1.21 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 42.30% | -1.72 | 44.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 1.57% | 0.08% | 1.49% |
| Net Charge-Off Ratio (%) | ▼ | 0.07% | +0.07 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.36M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.68% | 2.73% | 2.96% | 3.02% | 3.05% | 3.08% | 3.22% | 3.28% |
| ▁▁▄▂▃▂█▇ | Return on Assets (%) | 1.04% | 1.01% | 1.29% | 1.14% | 1.19% | 1.10% | 1.60% | 1.51% |
| ▇█▅█▇█▁▃ | Efficiency Ratio (%) | 66.4% | 68.3% | 62.0% | 67.2% | 66.3% | 68.2% | 53.7% | 58.8% |
| ██▄▂▂▆▁▃ | Cost of Funds (%) | 1.23% | 1.24% | 1.17% | 1.15% | 1.15% | 1.20% | 1.13% | 1.16% |
| ▁▁▁▁▁▂▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.03% |
| ▁▁▁▁▁▂▆█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.05% | 0.07% |
| ▂▁▂▄▆▄▇█ | Tang. Book Value ($M) | $27 | $27 | $27 | $28 | $28 | $28 | $28 | $29 |
| █▇▇▅▆▆▂▁ | Gross Loans ($M) | $70 | $69 | $70 | $69 | $69 | $69 | $68 | $67 |
| ██▇▁▁▅█▄ | Total Deposits ($M) | $159 | $159 | $158 | $154 | $153 | $156 | $159 | $156 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 14% |
| Agricultural | 5% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 18% |