Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +2.12 | -1.06% |
| Return on Equity (%) | ▲ | 16.41% | +35.98 | -19.57% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.67 | 3.51% |
| Efficiency Ratio (%) | ▲ | 70.15% | -9.01 | 79.16% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 1.51% | -0.35 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $364 | +21.14 | $343 |
| Gross Loans ($M) | ▲ | $235 | +29.50 | $206 |
| Loan Growth YoY (%) | ▲ | 71.10% | +7.05 | 64.05% |
| Total Deposits ($M) | ▲ | $326 | +8.83 | $317 |
| Shareholders Equity ($M) | ▲ | $24 | +5.84 | $18 |
| Tang. Book Value ($M) | ▲ | $24 | +5.84 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +5.81 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 71.10% | +7.05 | 64.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.50% | +0.64 | 0.85% |
| Allowance / Loans (%) | — | 1.36% | 0.21% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 2.30% | +0.92 | 1.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.52M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.08% | 3.11% | 3.48% | 3.51% | 3.69% | 3.80% | 4.19% | 4.18% |
| ▆▇▇▁▃▄██ | Return on Assets (%) | 0.50% | 0.58% | 0.67% | -1.06% | -0.29% | -0.06% | 1.06% | 1.06% |
| █▇▇▆▄▃▁▁ | Efficiency Ratio (%) | 84.3% | 82.3% | 81.6% | 79.2% | 75.3% | 73.8% | 69.2% | 70.1% |
| ██▅▄▄▃▁▁ | Cost of Funds (%) | 2.26% | 2.27% | 1.98% | 1.86% | 1.83% | 1.73% | 1.51% | 1.51% |
| ▃▂▂▂▂▁▁█ | NPA / Assets (%) | 0.96% | 0.90% | 0.91% | 0.85% | 0.85% | 0.77% | 0.74% | 1.50% |
| ▄▃▃▂▂▁▁█ | Net Charge-Off Ratio (%) | 1.68% | 1.57% | 1.52% | 1.38% | 1.29% | 1.17% | 1.14% | 2.30% |
| ▅▁▄▁▅▇██ | Tang. Book Value ($M) | $21 | $18 | $20 | $18 | $21 | $22 | $23 | $24 |
| ▁▁▂▃▆▆▆█ | Gross Loans ($M) | $195 | $195 | $201 | $206 | $223 | $221 | $222 | $235 |
| ▇▄▁▃▅▅▅█ | Total Deposits ($M) | $323 | $319 | $312 | $317 | $319 | $320 | $320 | $326 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 17% |
| Agricultural | 2% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 11% |