Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.44% | +0.50 | 0.94% |
| Return on Equity (%) | ▲ | 27.59% | +1.34 | 26.25% |
| Net Interest Margin (%) | ▲ | 3.49% | +0.29 | 3.20% |
| Efficiency Ratio (%) | ▲ | 64.75% | -9.92 | 74.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $0 |
| Cost of Funds (%) | ▲ | 0.97% | -0.06 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $183 | -2.96 | $186 |
| Gross Loans ($M) | ▲ | $73 | +2.82 | $70 |
| Loan Growth YoY (%) | ▼ | 41.96% | -1.02 | 42.98% |
| Total Deposits ($M) | ▲ | $173 | +10.65 | $162 |
| Shareholders Equity ($M) | ▲ | $9 | +2.14 | $7 |
| Tang. Book Value ($M) | ▲ | $9 | +2.14 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.81 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 41.96% | -1.02 | 42.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.02% | -0.05% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.90% | +1.12 | 18.78% |
Noninterest income ($0.35M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▂▂▃▇█ | Net Interest Margin (%) | 3.11% | 3.15% | 3.28% | 3.20% | 3.19% | 3.25% | 3.43% | 3.49% |
| ▂▂▁▁▂▃██ | Return on Assets (%) | 1.02% | 1.05% | 0.99% | 0.94% | 1.01% | 1.08% | 1.40% | 1.44% |
| █▇██▇▆▁▁ | Efficiency Ratio (%) | 73.6% | 73.3% | 74.1% | 74.7% | 73.1% | 71.7% | 65.3% | 64.7% |
| ▁▁▂▅█▄▄▄ | Cost of Funds (%) | 0.87% | 0.90% | 0.92% | 1.02% | 1.12% | 0.97% | 0.97% | 0.97% |
| ▁▁▂▁▂█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.04% | 0.00% | 0.04% | 0.18% | 0.01% | 0.01% |
| ▁▁▂▁▂█▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.10% | 0.00% | 0.11% | 0.46% | 0.02% | 0.02% |
| ▄▁▄▄████ | Tang. Book Value ($M) | $7 | $4 | $6 | $6 | $9 | $9 | $9 | $9 |
| ██▃▁▄█▃▆ | Gross Loans ($M) | $74 | $74 | $72 | $70 | $72 | $74 | $72 | $73 |
| ▁▄▅▄▆▇▇█ | Total Deposits ($M) | $154 | $162 | $164 | $162 | $167 | $168 | $169 | $173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 8% |