Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.40 | 0.73% |
| Return on Equity (%) | ▲ | 16.08% | +3.10 | 12.98% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.47 | 3.64% |
| Efficiency Ratio (%) | ▲ | 70.93% | -8.13 | 79.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.41 | $1 |
| Cost of Funds (%) | ▲ | 1.27% | -0.27 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $329 | +15.87 | $313 |
| Gross Loans ($M) | ▲ | $179 | +1.55 | $178 |
| Loan Growth YoY (%) | ▼ | 58.35% | -1.73 | 60.08% |
| Total Deposits ($M) | ▲ | $301 | +11.06 | $290 |
| Shareholders Equity ($M) | ▲ | $24 | +4.89 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.85 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +4.82 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 58.35% | -1.73 | 60.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.45 | 0.38% |
| Allowance / Loans (%) | — | 1.95% | 0.05% | 1.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.55 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.85% | +1.02 | 11.83% |
Noninterest income ($0.69M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 3.21% | 3.27% | 3.60% | 3.64% | 3.70% | 3.77% | 4.05% | 4.12% |
| ▁▁▂▃▄▃██ | Return on Assets (%) | 0.57% | 0.63% | 0.71% | 0.73% | 0.84% | 0.72% | 1.16% | 1.14% |
| ▆▅▇▇▅█▁▁ | Efficiency Ratio (%) | 77.7% | 76.5% | 78.8% | 79.1% | 77.0% | 81.1% | 70.2% | 70.9% |
| ██▅▅▅▄▁▁ | Cost of Funds (%) | 1.73% | 1.75% | 1.52% | 1.55% | 1.54% | 1.50% | 1.31% | 1.27% |
| ▁▁▁▄▄▅▅█ | NPA / Assets (%) | 0.00% | 0.03% | 0.01% | 0.38% | 0.34% | 0.42% | 0.46% | 0.84% |
| ▁▁▁▇▇██▂ | Net Charge-Off Ratio (%) | 0.00% | 0.05% | 0.02% | 0.68% | 0.62% | 0.75% | 0.82% | 0.13% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $16 | $16 | $17 | $18 | $20 | $21 | $22 | $23 |
| ▁▁▂▆▅▆█▇ | Gross Loans ($M) | $169 | $170 | $171 | $178 | $175 | $178 | $181 | $179 |
| ▁▂▃▃▆▁▆█ | Total Deposits ($M) | $286 | $288 | $291 | $290 | $297 | $285 | $297 | $301 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 6% |