Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.02 | 0.69% |
| Return on Equity (%) | ▼ | 5.65% | -0.16 | 5.81% |
| Net Interest Margin (%) | ▲ | 3.04% | +0.04 | 3.00% |
| Efficiency Ratio (%) | ▼ | 79.80% | +0.01 | 79.79% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.30% | -0.06 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $109 | +0.06 | $109 |
| Gross Loans ($M) | ▲ | $37 | +2.35 | $35 |
| Loan Growth YoY (%) | ▲ | 38.96% | +2.63 | 36.32% |
| Total Deposits ($M) | ▼ | $95 | -0.42 | $96 |
| Shareholders Equity ($M) | ▲ | $14 | +0.49 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +0.49 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +0.06 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 38.96% | +2.63 | 36.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.04 | 0.35% |
| Allowance / Loans (%) | — | 0.66% | -0.05% | 0.72% |
| Net Charge-Off Ratio (%) | ▲ | 0.89% | -0.20 | 1.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▇█▇▂█ | Net Interest Margin (%) | 2.96% | 2.94% | 2.84% | 3.00% | 3.02% | 3.01% | 2.87% | 3.04% |
| ▂▁▁▅█▆▃▅ | Return on Assets (%) | 0.62% | 0.57% | 0.59% | 0.69% | 0.81% | 0.74% | 0.65% | 0.71% |
| ▇█▇▄▁▃▆▄ | Efficiency Ratio (%) | 81.8% | 82.7% | 82.0% | 79.8% | 77.3% | 79.1% | 80.9% | 79.8% |
| █▅▃▂▃▃▁▁ | Cost of Funds (%) | 1.62% | 1.45% | 1.39% | 1.36% | 1.39% | 1.38% | 1.28% | 1.30% |
| █▅▃▄▇▆▂▁ | NPA / Assets (%) | 0.40% | 0.36% | 0.33% | 0.35% | 0.38% | 0.37% | 0.32% | 0.30% |
| ▇█▆▇▇▆▃▁ | Net Charge-Off Ratio (%) | 1.08% | 1.14% | 1.05% | 1.09% | 1.09% | 1.05% | 0.98% | 0.89% |
| ▁▂▃▃▅▇██ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $14 | $14 |
| ▆▁▃▁▅▇██ | Gross Loans ($M) | $36 | $35 | $36 | $35 | $36 | $37 | $37 | $37 |
| ▁▇█▆▃▄█▆ | Total Deposits ($M) | $85 | $98 | $100 | $96 | $90 | $92 | $99 | $95 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 14% |