Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.01 | 1.32% |
| Return on Equity (%) | ▼ | 11.01% | -0.99 | 12.00% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.22 | 3.44% |
| Efficiency Ratio (%) | ▼ | 66.20% | +0.35 | 65.86% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 1.20% | -0.06 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $166 | +0.97 | $165 |
| Gross Loans ($M) | ▲ | $86 | +1.02 | $85 |
| Loan Growth YoY (%) | ▲ | 58.53% | +1.13 | 57.40% |
| Total Deposits ($M) | ▼ | $145 | -1.01 | $146 |
| Shareholders Equity ($M) | ▲ | $20 | +2.43 | $17 |
| Tang. Book Value ($M) | ▲ | $17 | +2.44 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.62 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 58.53% | +1.13 | 57.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.05 | 0.08% |
| Allowance / Loans (%) | — | 1.46% | -0.06% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.10 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.26M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇██ | Net Interest Margin (%) | 3.20% | 3.25% | 3.30% | 3.44% | 3.49% | 3.57% | 3.62% | 3.65% |
| ▃▄▄▇██▁▇ | Return on Assets (%) | 1.14% | 1.17% | 1.19% | 1.32% | 1.40% | 1.42% | 1.00% | 1.33% |
| ▃▃▄▂▁▁█▂ | Efficiency Ratio (%) | 67.7% | 67.3% | 69.0% | 65.9% | 64.0% | 64.1% | 74.1% | 66.2% |
| ██▅▂▄▄▂▁ | Cost of Funds (%) | 1.53% | 1.51% | 1.38% | 1.25% | 1.35% | 1.35% | 1.25% | 1.20% |
| ▃▁▁▃▁▂█▅ | NPA / Assets (%) | 0.08% | 0.04% | 0.04% | 0.08% | 0.02% | 0.06% | 0.20% | 0.13% |
| ▃▁▁▃▁▁█▆ | Net Charge-Off Ratio (%) | 0.14% | 0.06% | 0.07% | 0.15% | 0.04% | 0.07% | 0.34% | 0.26% |
| ▃▁▁▁▆█▇█ | Tang. Book Value ($M) | $15 | $14 | $15 | $15 | $16 | $17 | $17 | $17 |
| ▁▁▁▁▃▆█▃ | Gross Loans ($M) | $85 | $85 | $85 | $85 | $86 | $87 | $88 | $86 |
| ▅▁▃█▇▄▇█ | Total Deposits ($M) | $138 | $129 | $135 | $146 | $143 | $137 | $143 | $145 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 7% |
| Agricultural | 15% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 9% |