Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.70% | +0.40 | 1.30% |
| Return on Equity (%) | ▲ | 20.33% | +0.80 | 19.53% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.29 | 3.52% |
| Efficiency Ratio (%) | ▲ | 59.32% | -7.02 | 66.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $1 |
| Cost of Funds (%) | ▲ | 1.27% | -0.10 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $212 | +4.85 | $208 |
| Gross Loans ($M) | ▲ | $147 | +9.45 | $137 |
| Loan Growth YoY (%) | ▲ | 78.97% | +2.59 | 76.38% |
| Total Deposits ($M) | ▲ | $183 | +5.98 | $177 |
| Shareholders Equity ($M) | ▲ | $18 | +3.76 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +3.76 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +3.40 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 78.97% | +2.59 | 76.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.05 | 0.09% |
| Allowance / Loans (%) | — | 1.34% | 0.01% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.07 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.05% | +1.83 | 17.22% |
Noninterest income ($0.40M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▄▅▆▇█ | Net Interest Margin (%) | 3.31% | 3.37% | 3.40% | 3.52% | 3.58% | 3.65% | 3.74% | 3.82% |
| ▁▁▁▂▃▆██ | Return on Assets (%) | 1.25% | 1.24% | 1.20% | 1.30% | 1.35% | 1.52% | 1.68% | 1.70% |
| ▆▇█▇▆▃▁▁ | Efficiency Ratio (%) | 65.6% | 66.2% | 68.4% | 66.3% | 65.3% | 62.7% | 59.6% | 59.3% |
| ▂▇██▇▅▁▃ | Cost of Funds (%) | 1.27% | 1.35% | 1.37% | 1.38% | 1.34% | 1.31% | 1.23% | 1.27% |
| ▁▅▄▄▄▄▄█ | NPA / Assets (%) | 0.04% | 0.10% | 0.09% | 0.09% | 0.09% | 0.09% | 0.08% | 0.14% |
| ▁▅▅▄▄▄▃█ | Net Charge-Off Ratio (%) | 0.07% | 0.15% | 0.14% | 0.13% | 0.13% | 0.13% | 0.12% | 0.20% |
| ▂▁▂▃▆█▇█ | Tang. Book Value ($M) | $14 | $13 | $14 | $15 | $16 | $18 | $17 | $18 |
| ▁▁▃▅▆▇▇█ | Gross Loans ($M) | $127 | $128 | $134 | $137 | $140 | $142 | $143 | $147 |
| ▁▁▅▅▆███ | Total Deposits ($M) | $167 | $169 | $177 | $177 | $181 | $185 | $183 | $183 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |