Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.20 | 0.74% |
| Return on Equity (%) | ▲ | 10.41% | +2.19 | 8.22% |
| Net Interest Margin (%) | ▼ | 3.98% | -0.08 | 4.06% |
| Efficiency Ratio (%) | ▲ | 74.81% | -1.38 | 76.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 1.28% | -0.28 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $379 | +46.52 | $333 |
| Gross Loans ($M) | ▲ | $182 | +4.29 | $177 |
| Loan Growth YoY (%) | ▼ | 52.84% | -6.20 | 59.04% |
| Total Deposits ($M) | ▲ | $341 | +43.30 | $298 |
| Shareholders Equity ($M) | ▲ | $34 | +3.48 | $30 |
| Tang. Book Value ($M) | ▲ | $34 | +3.48 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +3.91 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 52.84% | -6.20 | 59.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.62% | -1.12 | 1.74% |
| Allowance / Loans (%) | — | 0.91% | -0.09% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 1.29% | -1.97 | 3.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.00M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▄▅▅▅▁▄ | Net Interest Margin (%) | 4.09% | 4.22% | 4.01% | 4.06% | 4.05% | 4.05% | 3.80% | 3.98% |
| ▆▇▁▂▅▆▄█ | Return on Assets (%) | 0.87% | 0.90% | 0.71% | 0.74% | 0.85% | 0.88% | 0.81% | 0.95% |
| ▁▃▆▆▁▂█▂ | Efficiency Ratio (%) | 73.9% | 74.9% | 76.4% | 76.2% | 74.3% | 74.6% | 77.5% | 74.8% |
| ██▅▆▅▅▃▁ | Cost of Funds (%) | 1.70% | 1.72% | 1.54% | 1.56% | 1.52% | 1.56% | 1.45% | 1.28% |
| ▇███▇▇▄▁ | NPA / Assets (%) | 1.61% | 1.73% | 1.76% | 1.74% | 1.57% | 1.50% | 1.12% | 0.62% |
| ▆▇██▇▇▄▁ | Net Charge-Off Ratio (%) | 2.69% | 3.09% | 3.45% | 3.26% | 3.08% | 3.16% | 2.25% | 1.29% |
| ▂▁▂▂▅▇▇█ | Tang. Book Value ($M) | $30 | $29 | $30 | $30 | $32 | $33 | $33 | $34 |
| █▆▃▅▆▃▁▆ | Gross Loans ($M) | $190 | $180 | $169 | $177 | $180 | $170 | $160 | $182 |
| ▁▁▃▃▅▆▄█ | Total Deposits ($M) | $282 | $287 | $298 | $298 | $315 | $322 | $310 | $341 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 8% |
| Agricultural | 27% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 8% |