Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.23 | 0.83% |
| Return on Equity (%) | ▲ | 11.53% | +2.07 | 9.46% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.13 | 3.26% |
| Efficiency Ratio (%) | ▲ | 68.51% | -2.77 | 71.28% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▼ | 1.93% | +0.05 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $417 | +34.88 | $382 |
| Gross Loans ($M) | ▲ | $236 | +31.28 | $205 |
| Loan Growth YoY (%) | ▲ | 63.81% | +4.47 | 59.34% |
| Total Deposits ($M) | ▲ | $364 | +24.83 | $340 |
| Shareholders Equity ($M) | ▲ | $38 | +2.58 | $35 |
| Tang. Book Value ($M) | ▲ | $37 | +2.61 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +2.33 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 63.81% | +4.47 | 59.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.54% | -0.10 | 0.64% |
| Allowance / Loans (%) | — | 1.40% | -0.09% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.96% | -0.23 | 1.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.59M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▃▄▅▆ | Net Interest Margin (%) | 3.48% | 3.43% | 3.21% | 3.26% | 3.28% | 3.32% | 3.37% | 3.39% |
| █▆▁▄▄▄█▇ | Return on Assets (%) | 1.11% | 0.99% | 0.66% | 0.83% | 0.84% | 0.85% | 1.12% | 1.06% |
| ▁▄▇▇██▃▅ | Efficiency Ratio (%) | 63.7% | 67.5% | 71.0% | 71.3% | 72.0% | 72.4% | 66.0% | 68.5% |
| ▁▄▆██▆██ | Cost of Funds (%) | 1.46% | 1.64% | 1.77% | 1.88% | 1.93% | 1.81% | 1.91% | 1.93% |
| ▁▁▁██▁▁▅ | NPA / Assets (%) | 0.41% | 0.39% | 0.39% | 0.64% | 0.64% | 0.39% | 0.38% | 0.54% |
| ▁▃▃██▃▂▆ | Net Charge-Off Ratio (%) | 0.54% | 0.76% | 0.76% | 1.19% | 1.19% | 0.72% | 0.70% | 0.96% |
| ▄▁▃▅▇███ | Tang. Book Value ($M) | $34 | $31 | $32 | $34 | $35 | $37 | $36 | $37 |
| ▁▂▂▃▄▅▇█ | Gross Loans ($M) | $187 | $194 | $198 | $205 | $205 | $217 | $224 | $236 |
| ▁▄▅▃▁███ | Total Deposits ($M) | $326 | $342 | $346 | $340 | $330 | $360 | $364 | $364 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 6% |
| Agricultural | 14% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |