Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.54 | 0.65% |
| Return on Equity (%) | ▲ | 10.11% | +4.13 | 5.98% |
| Net Interest Margin (%) | ▲ | 3.34% | +0.25 | 3.08% |
| Efficiency Ratio (%) | ▲ | 64.59% | -14.58 | 79.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $0 |
| Cost of Funds (%) | ▲ | 1.27% | -0.24 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $143 | +3.11 | $140 |
| Gross Loans ($M) | ▲ | $47 | +0.36 | $47 |
| Loan Growth YoY (%) | ▼ | 38.92% | -0.30 | 39.22% |
| Total Deposits ($M) | ▲ | $120 | +1.50 | $118 |
| Shareholders Equity ($M) | ▲ | $17 | +1.53 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.53 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.68 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 38.92% | -0.30 | 39.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.43% | -0.08 | 0.52% |
| Allowance / Loans (%) | — | 1.92% | 0.27% | 1.64% |
| Net Charge-Off Ratio (%) | ▲ | 1.30% | -0.22 | 1.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 34.20% | +0.76 | 33.44% |
Noninterest income ($0.28M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▄▁▁▃▅██ | Net Interest Margin (%) | 3.26% | 3.18% | 3.06% | 3.08% | 3.16% | 3.22% | 3.30% | 3.34% |
| ▆▃▃▃▄▁▅█ | Return on Assets (%) | 0.97% | 0.65% | 0.67% | 0.65% | 0.75% | 0.40% | 0.85% | 1.19% |
| ▃▆▆▆▅█▄▁ | Efficiency Ratio (%) | 70.2% | 77.7% | 78.2% | 79.2% | 76.5% | 85.1% | 72.4% | 64.6% |
| █▇▇▆▄▂▁▁ | Cost of Funds (%) | 1.63% | 1.56% | 1.56% | 1.52% | 1.44% | 1.35% | 1.30% | 1.27% |
| ▄██▆▁▁▄▂ | NPA / Assets (%) | 0.47% | 0.56% | 0.56% | 0.52% | 0.41% | 0.43% | 0.48% | 0.43% |
| ▃██▆▁▁▄▂ | Net Charge-Off Ratio (%) | 1.40% | 1.68% | 1.68% | 1.53% | 1.23% | 1.25% | 1.45% | 1.30% |
| ▇▁▃▂█▇▅█ | Tang. Book Value ($M) | $17 | $15 | $16 | $15 | $17 | $17 | $16 | $17 |
| ▅█▄▃▁▆▄▆ | Gross Loans ($M) | $47 | $48 | $47 | $47 | $47 | $47 | $47 | $47 |
| ▃█▇▄▁▁▇▆ | Total Deposits ($M) | $117 | $121 | $120 | $118 | $116 | $116 | $120 | $120 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 5% |
| Agricultural | 4% |
| Consumer | 8% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 5% |