Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.53 | 1.06% |
| Return on Equity (%) | ▼ | 5.38% | -6.32 | 11.70% |
| Net Interest Margin (%) | ▼ | 3.17% | -0.33 | 3.50% |
| Efficiency Ratio (%) | ▼ | 80.56% | +18.11 | 62.45% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.55 | $1 |
| Cost of Funds (%) | ▲ | 1.77% | -0.15 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $122 | -9.79 | $132 |
| Gross Loans ($M) | ▼ | $77 | -1.56 | $79 |
| Loan Growth YoY (%) | ▲ | 78.69% | +8.07 | 70.62% |
| Total Deposits ($M) | ▼ | $97 | -13.05 | $110 |
| Shareholders Equity ($M) | ▼ | $12 | -0.03 | $12 |
| Tang. Book Value ($M) | ▼ | $12 | -0.03 | $12 |
| TBV excl. AOCI ($M)** | ▼ | $14 | -0.19 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 78.69% | +8.07 | 70.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.02% | +0.86 | 1.16% |
| Allowance / Loans (%) | — | 0.62% | -0.24% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 2.65% | +0.74 | 1.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.26M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▂█▇▇▄▁ | Net Interest Margin (%) | 3.24% | 3.23% | 3.23% | 3.50% | 3.44% | 3.46% | 3.32% | 3.17% |
| ▂▃▃█▇▁▄▃ | Return on Assets (%) | 0.42% | 0.45% | 0.51% | 1.06% | 0.92% | 0.23% | 0.58% | 0.53% |
| ▅▅▅▁▂█▄▄ | Efficiency Ratio (%) | 82.7% | 82.2% | 81.4% | 62.5% | 67.7% | 99.2% | 77.3% | 80.6% |
| █▂▂▃▆▂▁▁ | Cost of Funds (%) | 2.16% | 1.86% | 1.86% | 1.91% | 2.02% | 1.84% | 1.79% | 1.77% |
| ▂▂▁▁▆▇█▄ | NPA / Assets (%) | 1.43% | 1.41% | 1.08% | 1.16% | 2.39% | 2.75% | 3.09% | 2.02% |
| ▂▂▁▁▆▇█▃ | Net Charge-Off Ratio (%) | 2.38% | 2.42% | 1.76% | 1.91% | 3.90% | 4.39% | 4.99% | 2.65% |
| ▃▁▂▅█▄▄▅ | Tang. Book Value ($M) | $12 | $12 | $12 | $12 | $13 | $12 | $12 | $12 |
| ▂▃▃▅██▆▁ | Gross Loans ($M) | $77 | $78 | $78 | $79 | $79 | $80 | $79 | $77 |
| ▅█▅▄▄▅▄▁ | Total Deposits ($M) | $112 | $123 | $111 | $110 | $109 | $113 | $110 | $97 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 24% |
| Agricultural | 3% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 11% |