Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.29% | -0.15 | 0.44% |
| Return on Equity (%) | ▼ | 4.45% | -3.51 | 7.96% |
| Net Interest Margin (%) | ▲ | 2.55% | +0.11 | 2.44% |
| Efficiency Ratio (%) | ▼ | 88.31% | +4.47 | 83.84% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $0 |
| Cost of Funds (%) | ▲ | 2.01% | -0.10 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $208 | +0.94 | $207 |
| Gross Loans ($M) | ▲ | $94 | +8.08 | $86 |
| Loan Growth YoY (%) | ▲ | 53.47% | +5.05 | 48.42% |
| Total Deposits ($M) | ▼ | $173 | -1.49 | $175 |
| Shareholders Equity ($M) | ▲ | $13 | +1.00 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.00 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +0.42 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 53.47% | +5.05 | 48.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.17 | 0.11% |
| Allowance / Loans (%) | — | 0.93% | -0.04% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.61% | +0.36 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.18M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▄▅█▆ | Net Interest Margin (%) | 2.16% | 2.17% | 2.43% | 2.44% | 2.38% | 2.42% | 2.69% | 2.55% |
| ▂▁█▆▁▂▃▁ | Return on Assets (%) | 0.32% | 0.28% | 0.53% | 0.44% | 0.30% | 0.32% | 0.35% | 0.29% |
| ▆█▁▃▄▆▄▆ | Efficiency Ratio (%) | 89.9% | 93.4% | 79.8% | 83.8% | 85.9% | 88.5% | 85.7% | 88.3% |
| ▇▅▄▃█▅▂▁ | Cost of Funds (%) | 2.27% | 2.21% | 2.15% | 2.11% | 2.33% | 2.20% | 2.07% | 2.01% |
| ▂▂▃▁█▄██ | NPA / Assets (%) | 0.14% | 0.13% | 0.17% | 0.11% | 0.29% | 0.18% | 0.29% | 0.28% |
| ▃▂▅▁█▃█▇ | Net Charge-Off Ratio (%) | 0.40% | 0.35% | 0.47% | 0.25% | 0.67% | 0.40% | 0.67% | 0.61% |
| ▂▁▄▅████ | Tang. Book Value ($M) | $11 | $11 | $12 | $12 | $13 | $13 | $13 | $13 |
| ▁▃▁▅▇█▇█ | Gross Loans ($M) | $73 | $79 | $74 | $86 | $89 | $93 | $90 | $94 |
| ▅██▃▁▅▆▂ | Total Deposits ($M) | $179 | $184 | $185 | $175 | $170 | $178 | $179 | $173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 9% |
| Agricultural | 15% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 18% |