Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.29 | 1.34% |
| Return on Equity (%) | ▲ | 13.60% | +2.18 | 11.42% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.29 | 2.84% |
| Efficiency Ratio (%) | ▲ | 56.65% | -5.93 | 62.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 2.11% | -0.17 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $200 | +13.97 | $186 |
| Gross Loans ($M) | ▼ | $99 | -0.31 | $99 |
| Loan Growth YoY (%) | ▼ | 79.89% | -11.94 | 91.84% |
| Total Deposits ($M) | ▲ | $121 | +15.41 | $106 |
| Shareholders Equity ($M) | ▲ | $24 | +0.63 | $23 |
| Tang. Book Value ($M) | ▲ | $20 | +0.82 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +1.17 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 79.89% | -11.94 | 91.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.17 | 0.34% |
| Allowance / Loans (%) | — | 1.59% | 0.03% | 1.56% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.30 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▁▄██ | Net Interest Margin (%) | 2.83% | 2.82% | 2.82% | 2.84% | 2.86% | 2.97% | 3.10% | 3.14% |
| ▂▃▁▁▁▄▆█ | Return on Assets (%) | 1.37% | 1.40% | 1.31% | 1.34% | 1.33% | 1.44% | 1.55% | 1.63% |
| █▇███▅▁▁ | Efficiency Ratio (%) | 62.1% | 61.7% | 62.1% | 62.6% | 62.5% | 60.3% | 56.8% | 56.6% |
| ██▄▄▆▄▁▁ | Cost of Funds (%) | 2.55% | 2.53% | 2.28% | 2.28% | 2.40% | 2.29% | 2.13% | 2.11% |
| ▁▄▅▂▁▁█▁ | NPA / Assets (%) | 0.20% | 0.58% | 0.70% | 0.34% | 0.24% | 0.19% | 1.09% | 0.16% |
| ▁▃▅▂▁▁█▁ | Net Charge-Off Ratio (%) | 0.34% | 1.03% | 1.36% | 0.63% | 0.45% | 0.38% | 2.24% | 0.33% |
| ▁▁▁▃▆█▅▅ | Tang. Book Value ($M) | $19 | $19 | $19 | $20 | $21 | $22 | $21 | $20 |
| █▇▂▁▆▆▁▁ | Gross Loans ($M) | $107 | $105 | $100 | $99 | $104 | $104 | $98 | $99 |
| ▇▇█▁▂██▆ | Total Deposits ($M) | $123 | $122 | $127 | $106 | $109 | $127 | $126 | $121 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 8% |
| Agricultural | 19% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 26% |