Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.73% | +0.25 | 1.48% |
| Return on Equity (%) | ▲ | 23.69% | +0.26 | 23.43% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.23 | 3.62% |
| Efficiency Ratio (%) | ▲ | 57.00% | -5.44 | 62.44% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.79 | $3 |
| Cost of Funds (%) | ▲ | 1.82% | -0.11 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $768 | +72.28 | $696 |
| Gross Loans ($M) | ▲ | $534 | +82.70 | $451 |
| Loan Growth YoY (%) | ▲ | 75.37% | +5.80 | 69.57% |
| Total Deposits ($M) | ▲ | $703 | +59.18 | $643 |
| Shareholders Equity ($M) | ▲ | $57 | +10.08 | $47 |
| Tang. Book Value ($M) | ▲ | $56 | +10.18 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +9.17 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 75.37% | +5.80 | 69.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.06 | 0.39% |
| Allowance / Loans (%) | — | 0.88% | 0.01% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.45% | -0.12 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.06% | -0.96 | 12.02% |
Noninterest income ($1.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆▆▇██ | Net Interest Margin (%) | 3.24% | 3.33% | 3.46% | 3.62% | 3.69% | 3.74% | 3.77% | 3.85% |
| ▁▁▃▅▆▆██ | Return on Assets (%) | 1.09% | 1.17% | 1.31% | 1.48% | 1.54% | 1.58% | 1.77% | 1.73% |
| ██▅▄▃▃▁▁ | Efficiency Ratio (%) | 69.7% | 68.4% | 64.0% | 62.4% | 61.5% | 60.6% | 57.4% | 57.0% |
| █▆▃▃▂▁▁▁ | Cost of Funds (%) | 2.36% | 2.17% | 1.99% | 1.93% | 1.92% | 1.83% | 1.78% | 1.82% |
| ██▇▅▆▅▁▁ | NPA / Assets (%) | 0.43% | 0.43% | 0.41% | 0.39% | 0.40% | 0.39% | 0.33% | 0.33% |
| █▇▇▆▆▄▁▁ | Net Charge-Off Ratio (%) | 0.62% | 0.59% | 0.58% | 0.56% | 0.56% | 0.52% | 0.46% | 0.45% |
| ▁▁▂▄▅▇██ | Tang. Book Value ($M) | $41 | $40 | $43 | $46 | $49 | $53 | $54 | $56 |
| ▁▁▁▁▃▅▆█ | Gross Loans ($M) | $459 | $456 | $454 | $451 | $473 | $497 | $512 | $534 |
| ▁▂▄▄▄▅██ | Total Deposits ($M) | $605 | $620 | $648 | $643 | $644 | $660 | $705 | $703 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 12% |
| Agricultural | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 5% |