Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.44% | -0.21 | 0.66% |
| Return on Equity (%) | ▼ | 4.03% | -2.61 | 6.64% |
| Net Interest Margin (%) | ▼ | 4.00% | -0.04 | 4.04% |
| Efficiency Ratio (%) | ▼ | 82.75% | +6.43 | 76.31% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.12 | $0 |
| Cost of Funds (%) | ▼ | 0.95% | +0.31 | 0.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $115 | +7.35 | $107 |
| Gross Loans ($M) | ▼ | $43 | -1.09 | $44 |
| Loan Growth YoY (%) | ▼ | 42.35% | -4.21 | 46.56% |
| Total Deposits ($M) | ▲ | $101 | +6.74 | $94 |
| Shareholders Equity ($M) | ▲ | $12 | +0.68 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +0.68 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.02 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 42.35% | -4.21 | 46.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.11 | 0.09% |
| Allowance / Loans (%) | — | 0.96% | 0.08% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.53% | +0.32 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.23M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇████▇ | Net Interest Margin (%) | 3.56% | 3.68% | 4.00% | 4.04% | 4.04% | 4.03% | 4.09% | 4.00% |
| █▇▂▃▁▁▁▁ | Return on Assets (%) | 1.20% | 1.09% | 0.59% | 0.66% | 0.53% | 0.48% | 0.44% | 0.44% |
| ▁▂▆▄▇▇██ | Efficiency Ratio (%) | 70.4% | 72.1% | 78.5% | 76.3% | 80.0% | 80.9% | 81.4% | 82.7% |
| ▅▁▁▂▃▅▄█ | Cost of Funds (%) | 0.78% | 0.58% | 0.63% | 0.64% | 0.68% | 0.81% | 0.75% | 0.95% |
| ▁▄▄▄▄▇▂█ | NPA / Assets (%) | 0.00% | 0.09% | 0.10% | 0.09% | 0.08% | 0.16% | 0.04% | 0.20% |
| ▁▄▄▄▄▆▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.21% | 0.24% | 0.21% | 0.21% | 0.39% | 0.12% | 0.53% |
| ▅▁▄▅███▇ | Tang. Book Value ($M) | $11 | $10 | $11 | $11 | $12 | $12 | $12 | $12 |
| ██▇▅▃▄▁▂ | Gross Loans ($M) | $45 | $45 | $45 | $44 | $44 | $44 | $43 | $43 |
| ▃▆▆▃▁▁▇█ | Total Deposits ($M) | $94 | $98 | $98 | $94 | $91 | $92 | $99 | $101 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 34% |
| C&I / Commercial | 21% |
| Agricultural | 8% |
| Consumer | 37% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 9% |