Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.84% | -0.04 | 1.88% |
| Return on Equity (%) | ▼ | 16.49% | -3.06 | 19.55% |
| Net Interest Margin (%) | ▼ | 4.19% | -0.04 | 4.23% |
| Efficiency Ratio (%) | ▼ | 59.96% | +3.68 | 56.28% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▲ | 0.71% | -0.10 | 0.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $145 | +0.06 | $145 |
| Gross Loans ($M) | ▲ | $70 | +0.16 | $70 |
| Loan Growth YoY (%) | ▲ | 54.36% | +1.81 | 52.54% |
| Total Deposits ($M) | ▼ | $126 | -2.01 | $128 |
| Shareholders Equity ($M) | ▲ | $18 | +2.31 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +2.31 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.16 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 54.36% | +1.81 | 52.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.04% | +0.18 | 0.86% |
| Allowance / Loans (%) | — | 1.71% | -1.54% | 3.25% |
| Net Charge-Off Ratio (%) | ▼ | 2.17% | +0.62 | 1.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 23.97% | +1.66 | 22.31% |
Noninterest income ($0.27M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▇█▆▃▆ | Net Interest Margin (%) | 4.04% | 4.02% | 4.15% | 4.23% | 4.28% | 4.19% | 4.11% | 4.19% |
| ▆▆▁▂▄█▄▁ | Return on Assets (%) | 1.97% | 1.98% | 1.86% | 1.88% | 1.93% | 2.03% | 1.92% | 1.84% |
| ▁▁▄▄▄▂▆█ | Efficiency Ratio (%) | 53.3% | 52.8% | 55.7% | 56.3% | 56.3% | 54.1% | 57.9% | 60.0% |
| █▅███▁▃▃ | Cost of Funds (%) | 0.83% | 0.75% | 0.81% | 0.82% | 0.82% | 0.66% | 0.70% | 0.71% |
| ▄▄▆▅▃▁▂█ | NPA / Assets (%) | 0.79% | 0.79% | 0.88% | 0.86% | 0.77% | 0.60% | 0.70% | 1.04% |
| ▃▅▃▂▁▁▂█ | Net Charge-Off Ratio (%) | 1.64% | 1.84% | 1.66% | 1.56% | 1.52% | 1.45% | 1.56% | 2.17% |
| ▂▁▂▄▅▆██ | Tang. Book Value ($M) | $15 | $14 | $15 | $15 | $16 | $17 | $17 | $18 |
| ██▄▇▇▁▁▇ | Gross Loans ($M) | $70 | $70 | $68 | $70 | $70 | $67 | $67 | $70 |
| ▁█▂▁▁█▂▁ | Total Deposits ($M) | $129 | $149 | $132 | $128 | $127 | $152 | $130 | $126 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 8% |
| Agricultural | 11% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 13% |