Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.24 | 0.65% |
| Return on Equity (%) | ▲ | 7.10% | +1.92 | 5.18% |
| Net Interest Margin (%) | ▲ | 2.99% | +0.39 | 2.60% |
| Efficiency Ratio (%) | ▲ | 71.44% | -6.09 | 77.53% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $0 |
| Cost of Funds (%) | ▲ | 1.57% | -0.03 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +5.47 | $177 |
| Gross Loans ($M) | ▲ | $107 | +0.30 | $107 |
| Loan Growth YoY (%) | ▼ | 66.62% | -1.76 | 68.38% |
| Total Deposits ($M) | ▲ | $159 | +4.86 | $154 |
| Shareholders Equity ($M) | ▲ | $23 | +0.63 | $22 |
| Tang. Book Value ($M) | ▲ | $22 | +0.77 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.04 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 66.62% | -1.76 | 68.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.61% | -0.73 | 2.34% |
| Allowance / Loans (%) | — | 0.93% | -0.22% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 2.27% | -1.62 | 3.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.60M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 2.46% | 2.47% | 2.55% | 2.60% | 2.69% | 2.74% | 2.86% | 2.99% |
| ▁▁▃▄▆▅▇█ | Return on Assets (%) | 0.51% | 0.45% | 0.59% | 0.65% | 0.75% | 0.70% | 0.80% | 0.89% |
| ██▇▅▄▄▃▁ | Efficiency Ratio (%) | 80.7% | 81.9% | 79.7% | 77.5% | 75.8% | 76.0% | 75.2% | 71.4% |
| ▃▃▂▃█▇▁▂ | Cost of Funds (%) | 1.58% | 1.59% | 1.58% | 1.60% | 1.69% | 1.65% | 1.54% | 1.57% |
| ▁▂██▅▃▂▂ | NPA / Assets (%) | 1.43% | 1.61% | 2.47% | 2.34% | 2.02% | 1.78% | 1.67% | 1.61% |
| ▁▂█▇▃▁▁▁ | Net Charge-Off Ratio (%) | 2.24% | 2.71% | 4.15% | 3.90% | 2.80% | 2.45% | 2.47% | 2.27% |
| ▄▄▁▃▆█▅▇ | Tang. Book Value ($M) | $22 | $22 | $21 | $21 | $22 | $22 | $22 | $22 |
| ▁▂▁▆██▆▇ | Gross Loans ($M) | $103 | $104 | $104 | $107 | $108 | $107 | $107 | $107 |
| ▁▃▂▄▃▄██ | Total Deposits ($M) | $149 | $153 | $152 | $154 | $152 | $154 | $160 | $159 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 10% |