Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.31 | 1.53% |
| Return on Equity (%) | ▲ | 20.10% | +2.56 | 17.54% |
| Net Interest Margin (%) | ▲ | 4.53% | +0.37 | 4.17% |
| Efficiency Ratio (%) | ▲ | 62.52% | -4.13 | 66.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.02 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $264 | +11.66 | $252 |
| Gross Loans ($M) | ▲ | $195 | +14.26 | $181 |
| Loan Growth YoY (%) | ▲ | 80.55% | +2.84 | 77.71% |
| Total Deposits ($M) | ▲ | $239 | +9.58 | $229 |
| Shareholders Equity ($M) | ▲ | $24 | +1.95 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +1.98 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.04 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 80.55% | +2.84 | 77.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.17% | -0.67 | 0.83% |
| Allowance / Loans (%) | — | 1.28% | -0.08% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.94 | 1.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.47% | -0.02 | 13.49% |
Noninterest income ($0.51M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇▇█ | Net Interest Margin (%) | 3.87% | 3.94% | 4.01% | 4.17% | 4.31% | 4.41% | 4.42% | 4.53% |
| ▂▂▁▄▅▄██ | Return on Assets (%) | 1.40% | 1.41% | 1.33% | 1.53% | 1.60% | 1.54% | 1.79% | 1.84% |
| ▆█▇▅▄▆▁▁ | Efficiency Ratio (%) | 67.7% | 70.1% | 68.9% | 66.7% | 65.8% | 67.6% | 61.6% | 62.5% |
| ██▆▅▄▂▁▅ | Cost of Funds (%) | 1.69% | 1.68% | 1.59% | 1.58% | 1.53% | 1.47% | 1.42% | 1.56% |
| ▁▆███▃▂▁ | NPA / Assets (%) | 0.09% | 0.59% | 0.86% | 0.83% | 0.81% | 0.33% | 0.25% | 0.17% |
| ▁▆███▃▂▁ | Net Charge-Off Ratio (%) | 0.14% | 0.83% | 1.18% | 1.16% | 1.10% | 0.47% | 0.37% | 0.22% |
| ▃▁▁▂▅▇█▆ | Tang. Book Value ($M) | $21 | $20 | $20 | $21 | $22 | $23 | $24 | $23 |
| ▁▂▁▃▆▅▇█ | Gross Loans ($M) | $172 | $175 | $175 | $181 | $187 | $184 | $190 | $195 |
| ▂▁▁▂▂▄█▅ | Total Deposits ($M) | $230 | $225 | $225 | $229 | $230 | $236 | $250 | $239 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 16% |
| Agricultural | 2% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |