Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +1.63 | -0.12% |
| Return on Equity (%) | ▲ | 12.38% | +13.59 | -1.21% |
| Net Interest Margin (%) | ▲ | 4.48% | +0.47 | 4.01% |
| Efficiency Ratio (%) | ▲ | 56.06% | -12.60 | 68.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.59 | $0 |
| Cost of Funds (%) | ▲ | 2.27% | -0.33 | 2.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $198 | -23.44 | $222 |
| Gross Loans ($M) | ▼ | $158 | -22.71 | $180 |
| Loan Growth YoY (%) | ▼ | 89.71% | -3.46 | 93.17% |
| Total Deposits ($M) | ▼ | $173 | -17.59 | $191 |
| Shareholders Equity ($M) | ▲ | $25 | +2.33 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +2.33 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 89.71% | -3.46 | 93.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.19% | +0.63 | 2.55% |
| Allowance / Loans (%) | — | 1.55% | 0.00% | 1.54% |
| Net Charge-Off Ratio (%) | ▼ | 3.15% | +0.78 | 2.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.46M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▁▂▃▇█ | Net Interest Margin (%) | 4.11% | 4.11% | 4.05% | 4.01% | 4.10% | 4.14% | 4.41% | 4.48% |
| █▇▆▁▂▂▇█ | Return on Assets (%) | 1.59% | 1.28% | 1.07% | -0.12% | 0.29% | 0.30% | 1.29% | 1.50% |
| ▁▃▅█▇█▃▃ | Efficiency Ratio (%) | 49.0% | 55.7% | 60.2% | 68.7% | 64.7% | 66.5% | 54.2% | 56.1% |
| ▆█▆▄▄▂▁▁ | Cost of Funds (%) | 2.79% | 2.96% | 2.73% | 2.60% | 2.58% | 2.43% | 2.26% | 2.27% |
| ▁▁▂▄▆██▆ | NPA / Assets (%) | 1.45% | 1.43% | 1.78% | 2.55% | 3.22% | 3.82% | 3.80% | 3.19% |
| ▁▁▂▃▆██▆ | Net Charge-Off Ratio (%) | 1.78% | 1.57% | 1.98% | 2.38% | 3.21% | 3.99% | 4.01% | 3.15% |
| ▂▁▃▁▃▃▆█ | Tang. Book Value ($M) | $23 | $23 | $23 | $23 | $23 | $24 | $24 | $25 |
| ███▇▄▂▁▁ | Gross Loans ($M) | $185 | $185 | $183 | $180 | $170 | $162 | $160 | $158 |
| █▇██▄▂▂▁ | Total Deposits ($M) | $191 | $188 | $190 | $191 | $182 | $176 | $177 | $173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 10% |
| Agricultural | 4% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 16% |