Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.25 | 0.82% |
| Return on Equity (%) | ▲ | 12.58% | +3.05 | 9.53% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.24 | 4.34% |
| Efficiency Ratio (%) | ▲ | 71.09% | -8.51 | 79.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 1.26% | -0.36 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $256 | +7.87 | $249 |
| Gross Loans ($M) | ▲ | $206 | +4.83 | $201 |
| Loan Growth YoY (%) | ▼ | 87.78% | -0.37 | 88.16% |
| Total Deposits ($M) | ▲ | $232 | +6.35 | $226 |
| Shareholders Equity ($M) | ▲ | $23 | +1.42 | $22 |
| Tang. Book Value ($M) | ▲ | $22 | +1.39 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 87.78% | -0.37 | 88.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.28% | -0.47 | 0.75% |
| Allowance / Loans (%) | — | 1.22% | 0.02% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.04 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.40% | +0.24 | 12.16% |
Noninterest income ($0.50M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▃▃▃▅█ | Net Interest Margin (%) | 4.44% | 4.44% | 4.24% | 4.34% | 4.34% | 4.35% | 4.42% | 4.59% |
| █▇▁▂▂▁▄▅ | Return on Assets (%) | 1.34% | 1.26% | 0.74% | 0.82% | 0.88% | 0.79% | 1.01% | 1.07% |
| ▁▁█▇▆▇▁▁ | Efficiency Ratio (%) | 70.8% | 71.7% | 81.8% | 79.6% | 78.1% | 79.5% | 71.6% | 71.1% |
| ▅█▇█▇▆▃▁ | Cost of Funds (%) | 1.46% | 1.64% | 1.57% | 1.62% | 1.56% | 1.52% | 1.39% | 1.26% |
| ▁█▃▃▄▂▁▁ | NPA / Assets (%) | 0.11% | 2.36% | 0.93% | 0.75% | 1.02% | 0.64% | 0.27% | 0.28% |
| ▁█▁▁▂▂▁▁ | Net Charge-Off Ratio (%) | 0.14% | 2.91% | 0.27% | 0.04% | 0.45% | 0.44% | 0.00% | 0.00% |
| ▁▁▂▃▄▄▇█ | Tang. Book Value ($M) | $20 | $20 | $20 | $20 | $21 | $21 | $21 | $22 |
| ▁▃▃▆▅█▇█ | Gross Loans ($M) | $189 | $194 | $195 | $201 | $198 | $206 | $203 | $206 |
| ▂▁▃▃▇█▇▅ | Total Deposits ($M) | $221 | $217 | $227 | $226 | $241 | $244 | $240 | $232 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 4% |
| Agricultural | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 5% |