Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.14 | 0.53% |
| Return on Equity (%) | ▲ | 7.01% | +1.89 | 5.12% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.61 | 3.69% |
| Efficiency Ratio (%) | ▲ | 76.32% | -6.07 | 82.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $0 |
| Cost of Funds (%) | ▲ | 1.98% | -0.56 | 2.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $217 | +53.25 | $164 |
| Gross Loans ($M) | ▲ | $137 | +10.55 | $127 |
| Loan Growth YoY (%) | ▼ | 70.01% | -16.91 | 86.93% |
| Total Deposits ($M) | ▲ | $193 | +49.69 | $143 |
| Shareholders Equity ($M) | ▲ | $20 | +4.14 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +2.22 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 70.01% | -16.91 | 86.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.49% | -0.20 | 0.70% |
| Allowance / Loans (%) | — | 1.52% | -0.13% | 1.65% |
| Net Charge-Off Ratio (%) | ▲ | 0.78% | -0.12 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.25% | +11.25 | 0.00% |
Noninterest income ($0.39M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▂▁▃▄▅█ | Net Interest Margin (%) | 3.79% | 3.78% | 3.79% | 3.69% | 3.88% | 3.96% | 4.05% | 4.30% |
| ██▄▄▁▂▅█ | Return on Assets (%) | 0.68% | 0.67% | 0.55% | 0.53% | 0.44% | 0.50% | 0.57% | 0.67% |
| ▇▇██▆██▁ | Efficiency Ratio (%) | 80.9% | 81.1% | 82.0% | 82.4% | 80.8% | 82.3% | 82.3% | 76.3% |
| ▄▅▄█▂▃▁▁ | Cost of Funds (%) | 2.20% | 2.28% | 2.26% | 2.54% | 2.10% | 2.15% | 2.00% | 1.98% |
| ██▄▃▂▃▂▁ | NPA / Assets (%) | 1.06% | 1.03% | 0.77% | 0.70% | 0.63% | 0.66% | 0.60% | 0.49% |
| ██▄▃▄▅▃▁ | Net Charge-Off Ratio (%) | 1.16% | 1.17% | 0.95% | 0.91% | 0.96% | 1.01% | 0.92% | 0.78% |
| ▁▁▂▁▆▇▇█ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $15 | $16 | $16 | $16 |
| ▂▃▃▁▅███ | Gross Loans ($M) | $128 | $131 | $130 | $127 | $133 | $137 | $137 | $137 |
| ▁▂▃▃▇███ | Total Deposits ($M) | $116 | $127 | $136 | $143 | $175 | $184 | $184 | $193 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 37% |
| Agricultural | 3% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 5% |