Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.72% | -0.19 | 1.91% |
| Return on Equity (%) | ▼ | 17.49% | -6.80 | 24.29% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.14 | 4.20% |
| Efficiency Ratio (%) | ▼ | 64.75% | +4.84 | 59.91% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.11 | $1 |
| Cost of Funds (%) | ▲ | 0.34% | -0.01 | 0.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $137 | +5.96 | $131 |
| Gross Loans ($M) | ▲ | $49 | +0.78 | $49 |
| Loan Growth YoY (%) | ▼ | 40.08% | -0.56 | 40.64% |
| Total Deposits ($M) | ▲ | $122 | +3.55 | $118 |
| Shareholders Equity ($M) | ▲ | $14 | +2.38 | $11 |
| Tang. Book Value ($M) | ▲ | $14 | +2.38 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.82 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 40.08% | -0.56 | 40.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.11% | 0.03% | 1.08% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 31.83% | +2.89 | 28.94% |
Noninterest income ($0.31M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 3.90% | 3.95% | 4.15% | 4.20% | 4.25% | 4.24% | 4.30% | 4.34% |
| ▁▁▃███▄▄ | Return on Assets (%) | 1.52% | 1.55% | 1.65% | 1.91% | 1.93% | 1.92% | 1.72% | 1.72% |
| ███▁▁▂▇▇ | Efficiency Ratio (%) | 66.3% | 65.7% | 65.6% | 59.9% | 60.2% | 60.8% | 65.4% | 64.8% |
| ▅▆█▄▃▁▁▂ | Cost of Funds (%) | 0.35% | 0.36% | 0.38% | 0.35% | 0.34% | 0.33% | 0.32% | 0.34% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▁▃▄▇███ | Tang. Book Value ($M) | $11 | $9 | $11 | $11 | $13 | $13 | $14 | $14 |
| ▁▅▆▇▆███ | Gross Loans ($M) | $44 | $47 | $48 | $49 | $48 | $49 | $50 | $49 |
| ▇█▁▂▄▇█▇ | Total Deposits ($M) | $122 | $122 | $117 | $118 | $120 | $122 | $123 | $122 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 21% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 1% |