Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.62% | +0.07 | 0.55% |
| Return on Equity (%) | ▼ | 7.55% | -0.50 | 8.05% |
| Net Interest Margin (%) | ▲ | 3.07% | +0.20 | 2.87% |
| Efficiency Ratio (%) | ▲ | 78.89% | -0.97 | 79.86% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.20% | -0.15 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +3.31 | $173 |
| Gross Loans ($M) | ▲ | $96 | +8.42 | $87 |
| Loan Growth YoY (%) | ▲ | 59.03% | +4.78 | 54.24% |
| Total Deposits ($M) | ▲ | $161 | +1.65 | $159 |
| Shareholders Equity ($M) | ▲ | $14 | +1.70 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.70 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.40 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 59.03% | +4.78 | 54.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.22 | 0.42% |
| Allowance / Loans (%) | — | 1.11% | -0.29% | 1.40% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -0.46 | 0.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.81% | -0.34 | 17.16% |
Noninterest income ($0.21M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 2.65% | 2.69% | 2.80% | 2.87% | 2.95% | 2.98% | 3.06% | 3.07% |
| ▁▁▆▄▅▄█▆ | Return on Assets (%) | 0.42% | 0.41% | 0.61% | 0.55% | 0.57% | 0.53% | 0.71% | 0.62% |
| ██▁▄▄▅▁▃ | Efficiency Ratio (%) | 84.8% | 85.7% | 75.8% | 79.9% | 79.8% | 81.4% | 74.9% | 78.9% |
| █▅▅▄▅▃▂▁ | Cost of Funds (%) | 1.58% | 1.39% | 1.42% | 1.35% | 1.39% | 1.34% | 1.28% | 1.20% |
| ▄▂▁▇██▁▄ | NPA / Assets (%) | 0.23% | 0.11% | 0.00% | 0.42% | 0.51% | 0.49% | 0.06% | 0.20% |
| ▄▂▁▇██▁▄ | Net Charge-Off Ratio (%) | 0.46% | 0.23% | 0.00% | 0.83% | 0.98% | 0.97% | 0.12% | 0.37% |
| ▅▁▃▄▇███ | Tang. Book Value ($M) | $12 | $11 | $12 | $12 | $14 | $14 | $14 | $14 |
| ▁▃▁▂▃▂▃█ | Gross Loans ($M) | $86 | $88 | $85 | $87 | $88 | $87 | $88 | $96 |
| ▃█▅▃▁▃▁▄ | Total Deposits ($M) | $158 | $168 | $162 | $159 | $153 | $158 | $154 | $161 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 8% |
| Agricultural | 17% |
| Consumer | 6% |
| Other | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 8% |