Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.49 | 1.19% |
| Return on Equity (%) | ▲ | 23.26% | +2.48 | 20.78% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.24 | 3.41% |
| Efficiency Ratio (%) | ▲ | 54.37% | -10.17 | 64.54% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.38 | $1 |
| Cost of Funds (%) | ▲ | 1.51% | -0.55 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $167 | +8.08 | $159 |
| Gross Loans ($M) | ▼ | $100 | -4.15 | $104 |
| Loan Growth YoY (%) | ▼ | 64.71% | -9.16 | 73.86% |
| Total Deposits ($M) | ▲ | $153 | +13.28 | $140 |
| Shareholders Equity ($M) | ▲ | $13 | +2.93 | $10 |
| Tang. Book Value ($M) | ▲ | $13 | +2.93 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.85 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 64.71% | -9.16 | 73.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.72 | 0.74% |
| Allowance / Loans (%) | — | 1.27% | 0.09% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -1.10 | 1.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.40% | +1.03 | 14.37% |
Noninterest income ($0.27M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄█▆█ | Net Interest Margin (%) | 3.23% | 3.22% | 3.31% | 3.41% | 3.40% | 3.64% | 3.51% | 3.64% |
| ▁▁▃▃▃▅▅█ | Return on Assets (%) | 0.96% | 0.95% | 1.13% | 1.19% | 1.18% | 1.32% | 1.35% | 1.67% |
| ███▇▇▅▅▁ | Efficiency Ratio (%) | 66.9% | 66.6% | 66.6% | 64.5% | 64.6% | 61.7% | 61.2% | 54.4% |
| █▇▆▆▅▃▁▁ | Cost of Funds (%) | 2.36% | 2.18% | 2.10% | 2.06% | 1.99% | 1.74% | 1.53% | 1.51% |
| ██▆▄▃▁▁▁ | NPA / Assets (%) | 1.53% | 1.41% | 1.14% | 0.74% | 0.50% | 0.01% | 0.03% | 0.02% |
| ██▆▄▃▁▁▁ | Net Charge-Off Ratio (%) | 2.36% | 2.21% | 1.72% | 1.13% | 0.78% | 0.02% | 0.05% | 0.03% |
| ▅▁▂▃▆▆▆█ | Tang. Book Value ($M) | $11 | $9 | $9 | $10 | $12 | $12 | $12 | $13 |
| ▆██▅▁▂▃▁ | Gross Loans ($M) | $105 | $108 | $108 | $104 | $100 | $102 | $103 | $100 |
| ▁▄▃▂▂███ | Total Deposits ($M) | $136 | $144 | $142 | $140 | $139 | $152 | $154 | $153 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 11% |
| Agricultural | 24% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 18% |