Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.25 | 1.22% |
| Return on Equity (%) | ▲ | 12.38% | +1.52 | 10.86% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.36 | 3.62% |
| Efficiency Ratio (%) | ▲ | 65.24% | -0.15 | 65.39% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.24% | -0.12 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $116 | -0.03 | $116 |
| Gross Loans ($M) | ▲ | $76 | +2.95 | $73 |
| Loan Growth YoY (%) | ▲ | 76.93% | +3.29 | 73.64% |
| Total Deposits ($M) | ▼ | $98 | -0.57 | $98 |
| Shareholders Equity ($M) | ▲ | $14 | +0.55 | $13 |
| Tang. Book Value ($M) | ▲ | $10 | +0.65 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +0.41 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 76.93% | +3.29 | 73.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.87% | 0.00 | 0.87% |
| Allowance / Loans (%) | — | 1.32% | 0.17% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 1.32% | -0.05 | 1.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.86% | -0.05 | 12.91% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.32% | 3.35% | 3.45% | 3.62% | 3.71% | 3.76% | 3.84% | 3.98% |
| ▁▁▆▅▆▅██ | Return on Assets (%) | 0.92% | 0.85% | 1.25% | 1.22% | 1.24% | 1.17% | 1.41% | 1.47% |
| ██▁▂▂▂▆▂ | Efficiency Ratio (%) | 68.6% | 68.4% | 64.4% | 65.4% | 65.1% | 65.0% | 67.4% | 65.2% |
| █▆▄▄▅▃▁▁ | Cost of Funds (%) | 1.53% | 1.45% | 1.36% | 1.36% | 1.39% | 1.31% | 1.20% | 1.24% |
| ▂▁▁▂█▁▁▂ | NPA / Assets (%) | 0.87% | 0.86% | 0.86% | 0.87% | 1.11% | 0.86% | 0.83% | 0.87% |
| ▃▃▄▂█▁▁▁ | Net Charge-Off Ratio (%) | 1.42% | 1.40% | 1.46% | 1.37% | 1.70% | 1.29% | 1.33% | 1.32% |
| ▂▁▃▅▇███ | Tang. Book Value ($M) | $9 | $9 | $9 | $10 | $10 | $10 | $10 | $10 |
| ▂▃▁▄▅█▇▇ | Gross Loans ($M) | $71 | $72 | $69 | $73 | $74 | $78 | $76 | $76 |
| ▂▄▅▃▁▃█▂ | Total Deposits ($M) | $98 | $99 | $101 | $98 | $97 | $99 | $103 | $98 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 4% |
| Agricultural | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 10% |