Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.75% | +0.20 | 1.55% |
| Return on Equity (%) | ▼ | 21.74% | -0.38 | 22.12% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.33 | 3.70% |
| Efficiency Ratio (%) | ▲ | 62.22% | -2.78 | 65.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.39% | -0.17 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +0.08 | $249 |
| Gross Loans ($M) | ▲ | $172 | +11.31 | $161 |
| Loan Growth YoY (%) | ▲ | 75.06% | +5.72 | 69.34% |
| Total Deposits ($M) | ▼ | $227 | -2.61 | $230 |
| Shareholders Equity ($M) | ▲ | $20 | +2.82 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.82 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.68 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 75.06% | +5.72 | 69.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.01 | 0.15% |
| Allowance / Loans (%) | — | 1.12% | -0.00% | 1.12% |
| Net Charge-Off Ratio (%) | — | 0.23% | 0.00 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.59M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▇█ | Net Interest Margin (%) | 3.33% | 3.37% | 3.58% | 3.70% | 3.83% | 3.87% | 3.88% | 4.04% |
| ▁▁▅▆▇▆██ | Return on Assets (%) | 1.19% | 1.20% | 1.50% | 1.55% | 1.66% | 1.59% | 1.71% | 1.75% |
| ██▄▄▃▃▁▂ | Efficiency Ratio (%) | 70.0% | 69.2% | 64.7% | 65.0% | 63.6% | 63.7% | 61.1% | 62.2% |
| █▆▅▄▃▁▁▁ | Cost of Funds (%) | 1.81% | 1.68% | 1.63% | 1.56% | 1.50% | 1.41% | 1.42% | 1.39% |
| ███▁▂▁▁▁ | NPA / Assets (%) | 0.42% | 0.41% | 0.40% | 0.15% | 0.19% | 0.15% | 0.16% | 0.16% |
| ██▃▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.62% | 0.60% | 0.37% | 0.23% | 0.27% | 0.23% | 0.24% | 0.23% |
| ▆▁▂▂▇█▇█ | Tang. Book Value ($M) | $19 | $17 | $17 | $18 | $20 | $20 | $20 | $20 |
| ▂▄▂▁▄▃▅█ | Gross Loans ($M) | $163 | $166 | $163 | $161 | $167 | $165 | $168 | $172 |
| ▁▆▇█▁██▆ | Total Deposits ($M) | $220 | $227 | $228 | $230 | $220 | $230 | $229 | $227 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 5% |