Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.86% | +0.07 | 1.80% |
| Return on Equity (%) | ▲ | 10.89% | +0.16 | 10.73% |
| Net Interest Margin (%) | ▼ | 5.92% | -0.05 | 5.97% |
| Efficiency Ratio (%) | ▼ | 57.54% | +0.14 | 57.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▼ | 1.01% | +0.03 | 0.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $120 | +9.03 | $111 |
| Gross Loans ($M) | ▲ | $92 | +6.08 | $85 |
| Loan Growth YoY (%) | ▼ | 91.08% | -0.38 | 91.46% |
| Total Deposits ($M) | ▲ | $99 | +6.99 | $92 |
| Shareholders Equity ($M) | ▲ | $21 | +2.00 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.97 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 91.08% | -0.38 | 91.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.21 | 0.46% |
| Allowance / Loans (%) | — | 1.45% | -0.03% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.27 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.28M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▃▄▅▄▂ | Net Interest Margin (%) | 6.22% | 6.18% | 5.87% | 5.97% | 6.01% | 6.07% | 6.04% | 5.92% |
| ▆▆▅▇▇▇▁█ | Return on Assets (%) | 1.73% | 1.73% | 1.64% | 1.80% | 1.77% | 1.73% | 1.34% | 1.86% |
| ▁█▆▁▇█▆▂ | Efficiency Ratio (%) | 57.1% | 60.1% | 59.3% | 57.4% | 59.6% | 60.1% | 59.1% | 57.5% |
| ▁▇▇▇▅▅▇█ | Cost of Funds (%) | 0.85% | 0.98% | 0.98% | 0.98% | 0.95% | 0.94% | 0.97% | 1.01% |
| ▆█▁▇▄▄▅▄ | NPA / Assets (%) | 0.42% | 0.56% | 0.06% | 0.46% | 0.27% | 0.30% | 0.32% | 0.25% |
| ▆█▁▇▄▄▄▄ | Net Charge-Off Ratio (%) | 0.58% | 0.78% | 0.05% | 0.60% | 0.33% | 0.36% | 0.40% | 0.33% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $17 | $17 | $18 | $18 | $19 | $19 | $19 | $20 |
| ▁▁▃▅▆███ | Gross Loans ($M) | $71 | $74 | $79 | $85 | $88 | $92 | $94 | $92 |
| ▁▂▃▅▆▄██ | Total Deposits ($M) | $85 | $87 | $89 | $92 | $94 | $92 | $98 | $99 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 18% |
| Agricultural | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 9% |