Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.08 | 0.77% |
| Return on Equity (%) | ▼ | 8.23% | -0.32 | 8.55% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.08 | 4.13% |
| Efficiency Ratio (%) | ▲ | 76.08% | -0.55 | 76.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 0.85% | -0.12 | 0.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $309 | -5.91 | $315 |
| Gross Loans ($M) | ▲ | $153 | +11.51 | $142 |
| Loan Growth YoY (%) | ▲ | 56.33% | +7.15 | 49.19% |
| Total Deposits ($M) | ▼ | $269 | -15.51 | $284 |
| Shareholders Equity ($M) | ▲ | $32 | +3.71 | $28 |
| Tang. Book Value ($M) | ▲ | $32 | +3.71 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +4.04 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 56.33% | +7.15 | 49.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.19 | 0.20% |
| Allowance / Loans (%) | — | 1.27% | -0.14% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 0.78% | +0.33 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.02% | -0.05 | 17.08% |
Noninterest income ($0.50M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▂▅▅▆█ | Net Interest Margin (%) | 4.17% | 4.16% | 4.11% | 4.13% | 4.17% | 4.16% | 4.18% | 4.21% |
| ██▅▄▁▁██ | Return on Assets (%) | 0.85% | 0.84% | 0.79% | 0.77% | 0.71% | 0.69% | 0.84% | 0.85% |
| ▁▄▆▆█▇▄▄ | Efficiency Ratio (%) | 74.6% | 76.1% | 77.0% | 76.6% | 77.8% | 77.2% | 76.2% | 76.1% |
| ▇█▇██▄▁▂ | Cost of Funds (%) | 0.94% | 0.98% | 0.95% | 0.97% | 0.97% | 0.90% | 0.83% | 0.85% |
| ▆▃▂▄▁█▆█ | NPA / Assets (%) | 0.30% | 0.19% | 0.12% | 0.20% | 0.07% | 0.38% | 0.28% | 0.39% |
| ▆▃▂▄▁█▆█ | Net Charge-Off Ratio (%) | 0.59% | 0.38% | 0.25% | 0.45% | 0.15% | 0.82% | 0.60% | 0.78% |
| ▄▁▃▃▇███ | Tang. Book Value ($M) | $29 | $26 | $28 | $28 | $31 | $32 | $32 | $32 |
| ▅▄▃▂▁▂▅█ | Gross Loans ($M) | $147 | $146 | $144 | $142 | $139 | $142 | $146 | $153 |
| ▁▃██▆▆▇▄ | Total Deposits ($M) | $257 | $267 | $281 | $284 | $277 | $277 | $278 | $269 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 15% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 13% |