Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.35 | 1.11% |
| Return on Equity (%) | ▲ | 9.50% | +1.66 | 7.84% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.38 | 3.63% |
| Efficiency Ratio (%) | ▲ | 60.15% | -6.60 | 66.76% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 0.92% | -0.13 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $140 | +3.84 | $136 |
| Gross Loans ($M) | ▲ | $103 | +7.72 | $95 |
| Loan Growth YoY (%) | ▲ | 88.32% | +5.81 | 82.51% |
| Total Deposits ($M) | ▲ | $115 | +1.20 | $114 |
| Shareholders Equity ($M) | ▲ | $22 | +1.74 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +1.74 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +1.64 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 88.32% | +5.81 | 82.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.04 | 0.46% |
| Allowance / Loans (%) | — | 0.83% | -0.04% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.57% | -0.09 | 0.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.38M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▆█ | Net Interest Margin (%) | 3.33% | 3.35% | 3.52% | 3.63% | 3.68% | 3.75% | 3.84% | 4.01% |
| ▃▁▂▄▅▁▇█ | Return on Assets (%) | 1.02% | 0.86% | 0.97% | 1.11% | 1.17% | 0.93% | 1.37% | 1.46% |
| ▅█▆▄▄█▁▁ | Efficiency Ratio (%) | 67.8% | 73.2% | 69.6% | 66.8% | 65.5% | 73.4% | 61.4% | 60.2% |
| ▇█▄▄▃▃▁▁ | Cost of Funds (%) | 1.16% | 1.24% | 1.05% | 1.05% | 1.00% | 1.00% | 0.89% | 0.92% |
| ██▇▇▃▄▁▂ | NPA / Assets (%) | 0.47% | 0.47% | 0.46% | 0.46% | 0.43% | 0.43% | 0.41% | 0.42% |
| ██▇▆▄▄▃▁ | Net Charge-Off Ratio (%) | 0.72% | 0.71% | 0.68% | 0.67% | 0.64% | 0.64% | 0.62% | 0.57% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $20 | $19 | $20 | $20 | $21 | $21 | $22 | $22 |
| ▁▁▂▂▃▂▃█ | Gross Loans ($M) | $94 | $93 | $95 | $95 | $97 | $95 | $96 | $103 |
| ▃▃▄▁█▂█▂ | Total Deposits ($M) | $116 | $117 | $117 | $114 | $122 | $116 | $122 | $115 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 8% |
| Agricultural | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 2% |