Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.16 | 0.88% |
| Return on Equity (%) | ▼ | 17.60% | -0.90 | 18.50% |
| Net Interest Margin (%) | ▲ | 2.55% | +0.21 | 2.34% |
| Efficiency Ratio (%) | ▲ | 60.02% | -6.21 | 66.22% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 1.56% | -0.05 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $140 | +8.47 | $131 |
| Gross Loans ($M) | ▲ | $41 | +7.53 | $33 |
| Loan Growth YoY (%) | ▲ | 30.55% | +4.16 | 26.39% |
| Total Deposits ($M) | ▲ | $130 | +7.07 | $123 |
| Shareholders Equity ($M) | ▲ | $8 | +1.34 | $7 |
| Tang. Book Value ($M) | ▲ | $8 | +1.34 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.59 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 30.55% | +4.16 | 26.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.04 | 0.14% |
| Allowance / Loans (%) | — | 2.50% | 0.13% | 2.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.34% | -0.20 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.22M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆██ | Net Interest Margin (%) | 2.22% | 2.23% | 2.28% | 2.34% | 2.41% | 2.43% | 2.53% | 2.55% |
| ▄▁▅▅▆▂█▇ | Return on Assets (%) | 0.80% | 0.35% | 0.87% | 0.88% | 0.94% | 0.55% | 1.28% | 1.05% |
| ▄█▃▃▂▆▁▁ | Efficiency Ratio (%) | 68.4% | 86.0% | 65.6% | 66.2% | 64.2% | 76.3% | 57.5% | 60.0% |
| █▃▄▅▅▁▂▄ | Cost of Funds (%) | 1.79% | 1.52% | 1.53% | 1.61% | 1.59% | 1.36% | 1.45% | 1.56% |
| ▆▅▃█▄▃▁▁ | NPA / Assets (%) | 0.12% | 0.12% | 0.11% | 0.14% | 0.12% | 0.11% | 0.10% | 0.10% |
| ▇▆▅█▃▄▃▁ | Net Charge-Off Ratio (%) | 0.50% | 0.47% | 0.45% | 0.53% | 0.40% | 0.43% | 0.39% | 0.34% |
| ▆▁▄▅████ | Tang. Book Value ($M) | $8 | $5 | $7 | $7 | $9 | $9 | $9 | $8 |
| ▁▃▂▃▆▆▆█ | Gross Loans ($M) | $30 | $33 | $33 | $33 | $38 | $38 | $37 | $41 |
| ▁▅▅▄▃██▆ | Total Deposits ($M) | $113 | $126 | $127 | $123 | $121 | $137 | $134 | $130 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 38% |
| C&I / Commercial | 14% |
| Agricultural | 13% |
| Consumer | 16% |
| Other | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 8% |