Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.54% | +0.27 | 2.27% |
| Return on Equity (%) | ▲ | 20.34% | +0.89 | 19.45% |
| Net Interest Margin (%) | ▲ | 4.62% | +0.41 | 4.22% |
| Efficiency Ratio (%) | ▲ | 52.80% | -1.37 | 54.18% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.30 | $3 |
| Cost of Funds (%) | ▲ | 0.67% | -0.19 | 0.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $426 | +9.31 | $416 |
| Gross Loans ($M) | ▲ | $281 | +25.04 | $256 |
| Loan Growth YoY (%) | ▲ | 78.60% | +3.50 | 75.10% |
| Total Deposits ($M) | ▲ | $354 | +16.50 | $338 |
| Shareholders Equity ($M) | ▲ | $54 | +2.41 | $52 |
| Tang. Book Value ($M) | ▲ | $54 | +2.46 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +2.15 | $57 |
| Loan / Deposit Ratio (%) | ▲ | 78.60% | +3.50 | 75.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.94% | 0.01% | 0.94% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -20.91 | 20.91% |
Noninterest income ($1.38M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 3.83% | 3.90% | 4.08% | 4.22% | 4.28% | 4.37% | 4.49% | 4.62% |
| ▂▃▁▄▅▆▅█ | Return on Assets (%) | 2.16% | 2.21% | 2.08% | 2.27% | 2.34% | 2.39% | 2.36% | 2.54% |
| ▂▁█▅▃▂▆▂ | Efficiency Ratio (%) | 52.8% | 52.3% | 56.1% | 54.2% | 53.3% | 53.0% | 54.7% | 52.8% |
| ▆▆█▅▅▃▁▁ | Cost of Funds (%) | 0.94% | 0.93% | 1.03% | 0.86% | 0.86% | 0.77% | 0.68% | 0.67% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▃▆█▆▇█ | Tang. Book Value ($M) | $47 | $46 | $49 | $52 | $55 | $52 | $53 | $54 |
| ▁▃▃▃▅▆▇█ | Gross Loans ($M) | $242 | $254 | $253 | $256 | $262 | $271 | $274 | $281 |
| ▁▄▄▃▅██▇ | Total Deposits ($M) | $323 | $340 | $341 | $338 | $343 | $361 | $363 | $354 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 44% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 4% |