Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.25 | 1.29% |
| Return on Equity (%) | ▲ | 16.30% | +1.39 | 14.91% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.24 | 3.00% |
| Efficiency Ratio (%) | ▲ | 55.94% | -3.74 | 59.68% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.72% | -0.23 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +0.01 | $113 |
| Gross Loans ($M) | ▲ | $62 | +4.13 | $58 |
| Loan Growth YoY (%) | ▲ | 62.18% | +4.84 | 57.34% |
| Total Deposits ($M) | ▼ | $99 | -1.21 | $100 |
| Shareholders Equity ($M) | ▲ | $11 | +0.87 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.87 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +0.84 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 62.18% | +4.84 | 57.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | 0.02% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.16M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▃▅▇▆█ | Net Interest Margin (%) | 2.87% | 2.91% | 3.03% | 3.00% | 3.08% | 3.15% | 3.13% | 3.24% |
| ▂▁▄▄▄▁▆█ | Return on Assets (%) | 1.17% | 1.04% | 1.25% | 1.29% | 1.29% | 1.07% | 1.40% | 1.54% |
| ▆█▅▄▄▆▂▁ | Efficiency Ratio (%) | 61.9% | 65.2% | 60.7% | 59.7% | 60.5% | 62.6% | 58.1% | 55.9% |
| █▇▆▄▄▃▁▁ | Cost of Funds (%) | 2.32% | 2.24% | 2.11% | 1.96% | 2.02% | 1.88% | 1.72% | 1.72% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
| ▃▁▁▃▇█▇█ | Tang. Book Value ($M) | $10 | $9 | $9 | $10 | $10 | $11 | $10 | $11 |
| ▁▇▂▁▆███ | Gross Loans ($M) | $57 | $61 | $58 | $58 | $61 | $63 | $62 | $62 |
| ▅▆▁█▇▃▇▇ | Total Deposits ($M) | $96 | $97 | $91 | $100 | $98 | $94 | $98 | $99 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 31% |
| Agricultural | 18% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 11% |