Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.08 | 1.05% |
| Return on Equity (%) | ▼ | 14.15% | -2.30 | 16.45% |
| Net Interest Margin (%) | ▲ | 5.35% | +0.43 | 4.92% |
| Efficiency Ratio (%) | ▲ | 69.32% | -2.36 | 71.68% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.15% | -0.04 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $252 | +8.46 | $244 |
| Gross Loans ($M) | ▲ | $169 | +20.41 | $149 |
| Loan Growth YoY (%) | ▲ | 72.29% | +7.66 | 64.63% |
| Total Deposits ($M) | ▲ | $229 | +3.38 | $226 |
| Shareholders Equity ($M) | ▲ | $21 | +4.51 | $16 |
| Tang. Book Value ($M) | ▲ | $21 | +4.51 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +4.82 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 72.29% | +7.66 | 64.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.20 | 0.43% |
| Allowance / Loans (%) | — | 2.11% | 0.17% | 1.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.65 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.84% | +0.50 | 13.34% |
Noninterest income ($0.55M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▃▄█▆ | Net Interest Margin (%) | 4.79% | 4.85% | 4.74% | 4.92% | 5.02% | 5.11% | 5.57% | 5.35% |
| ▁▂▁▁▃▃█▃ | Return on Assets (%) | 1.07% | 1.11% | 1.06% | 1.05% | 1.13% | 1.13% | 1.31% | 1.13% |
| ▄▄██▆▆▁▅ | Efficiency Ratio (%) | 68.4% | 68.5% | 71.6% | 71.7% | 70.1% | 70.2% | 66.0% | 69.3% |
| ██▆▅▆▇▁▂ | Cost of Funds (%) | 1.24% | 1.25% | 1.21% | 1.19% | 1.20% | 1.22% | 1.12% | 1.15% |
| █▇█▂▃▁▁▁ | NPA / Assets (%) | 1.23% | 1.18% | 1.38% | 0.43% | 0.59% | 0.24% | 0.20% | 0.24% |
| ▇▇█▃▁▁▁▁ | Net Charge-Off Ratio (%) | 1.87% | 1.91% | 2.24% | 0.71% | 0.11% | 0.06% | 0.00% | 0.06% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $15 | $14 | $15 | $16 | $18 | $19 | $20 | $21 |
| ▁▁▂▂▅▇▆█ | Gross Loans ($M) | $145 | $143 | $148 | $149 | $158 | $165 | $161 | $169 |
| ▁▄▆▇█▇▆█ | Total Deposits ($M) | $204 | $216 | $223 | $226 | $230 | $225 | $223 | $229 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 10% |
| Agricultural | 3% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 9% |