Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.10 | 0.73% |
| Return on Equity (%) | ▲ | 7.79% | +0.59 | 7.20% |
| Net Interest Margin (%) | ▲ | 3.08% | +0.03 | 3.05% |
| Efficiency Ratio (%) | ▲ | 69.46% | -3.36 | 72.82% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.00 | $1 |
| Cost of Funds (%) | ▲ | 1.50% | -0.05 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $190 | +8.93 | $181 |
| Gross Loans ($M) | ▲ | $97 | +7.97 | $89 |
| Loan Growth YoY (%) | ▲ | 57.20% | +1.87 | 55.33% |
| Total Deposits ($M) | ▲ | $167 | +8.34 | $159 |
| Shareholders Equity ($M) | ▲ | $21 | +2.55 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +2.56 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.51 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 57.20% | +1.87 | 55.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.61% | +0.50 | 0.11% |
| Allowance / Loans (%) | — | 1.49% | 0.12% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 1.18% | +0.97 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.24M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▄▁█▆▆▆█ | Net Interest Margin (%) | 2.99% | 2.94% | 2.81% | 3.05% | 3.01% | 3.00% | 3.00% | 3.08% |
| ▇▆▁▅▄▅██ | Return on Assets (%) | 0.78% | 0.74% | 0.58% | 0.73% | 0.68% | 0.72% | 0.82% | 0.83% |
| ▁▂█▃▄▂▁▁ | Efficiency Ratio (%) | 70.7% | 71.7% | 79.1% | 72.8% | 73.4% | 71.4% | 69.8% | 69.5% |
| ▁█▇█▆█▅▇ | Cost of Funds (%) | 1.24% | 1.57% | 1.50% | 1.55% | 1.46% | 1.57% | 1.44% | 1.50% |
| ███▁▁▁▂▆ | NPA / Assets (%) | 0.83% | 0.83% | 0.76% | 0.11% | 0.17% | 0.12% | 0.26% | 0.61% |
| ██▇▁▁▁▂▆ | Net Charge-Off Ratio (%) | 1.74% | 1.70% | 1.54% | 0.22% | 0.36% | 0.25% | 0.54% | 1.18% |
| ▅▁▃▃▇███ | Tang. Book Value ($M) | $19 | $17 | $18 | $18 | $20 | $21 | $20 | $21 |
| ▁▁▃▃▄▆▆█ | Gross Loans ($M) | $85 | $86 | $89 | $89 | $91 | $93 | $94 | $97 |
| ▁▁▂▂▅██▅ | Total Deposits ($M) | $156 | $155 | $160 | $159 | $167 | $176 | $174 | $167 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 13% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 5% |