Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.46% | -0.05 | 0.52% |
| Return on Equity (%) | ▼ | 4.98% | -0.58 | 5.56% |
| Net Interest Margin (%) | ▼ | 3.10% | -0.11 | 3.20% |
| Efficiency Ratio (%) | ▲ | 83.10% | -0.02 | 83.12% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 2.35% | -0.27 | 2.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $98 | +6.81 | $91 |
| Gross Loans ($M) | ▲ | $79 | +5.29 | $74 |
| Loan Growth YoY (%) | ▼ | 109.79% | -2.83 | 112.62% |
| Total Deposits ($M) | ▲ | $71 | +6.48 | $65 |
| Shareholders Equity ($M) | ▲ | $9 | +0.57 | $9 |
| Tang. Book Value ($M) | ▲ | $9 | +0.57 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 109.79% | -2.83 | 112.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.98% | -0.07% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.04% | -0.26 | 11.31% |
Noninterest income ($0.21M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▅▆▆▁▃ | Net Interest Margin (%) | 3.35% | 3.32% | 3.03% | 3.20% | 3.27% | 3.26% | 3.01% | 3.10% |
| █▇▃▅▆█▁▄ | Return on Assets (%) | 0.71% | 0.65% | 0.40% | 0.52% | 0.60% | 0.74% | 0.26% | 0.46% |
| ▁▅▇▅▄▄█▅ | Efficiency Ratio (%) | 75.9% | 83.6% | 85.9% | 83.1% | 81.1% | 82.1% | 89.0% | 83.1% |
| ▄██▇▃▄▁▂ | Cost of Funds (%) | 2.47% | 2.68% | 2.71% | 2.62% | 2.45% | 2.48% | 2.29% | 2.35% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▅▁▂▅█▇█ | Tang. Book Value ($M) | $9 | $9 | $9 | $9 | $9 | $9 | $9 | $9 |
| ▅█▃▁▇▅▄▄ | Gross Loans ($M) | $81 | $88 | $79 | $74 | $85 | $81 | $79 | $79 |
| ▁▂▁▁▁▆█▆ | Total Deposits ($M) | $65 | $66 | $65 | $65 | $65 | $71 | $74 | $71 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 35% |
| C&I / Commercial | 12% |
| Agricultural | 50% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 37% |