Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.28 | 1.15% |
| Return on Equity (%) | ▲ | 11.44% | +1.40 | 10.04% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.47 | 3.11% |
| Efficiency Ratio (%) | ▲ | 52.57% | -5.40 | 57.97% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.93 | $3 |
| Cost of Funds (%) | ▲ | 1.69% | -0.15 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $772 | +36.51 | $736 |
| Gross Loans ($M) | ▲ | $497 | +30.87 | $466 |
| Loan Growth YoY (%) | ▲ | 82.44% | +1.64 | 80.80% |
| Total Deposits ($M) | ▲ | $595 | +24.85 | $571 |
| Shareholders Equity ($M) | ▲ | $99 | +11.51 | $88 |
| Tang. Book Value ($M) | ▲ | $96 | +11.52 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $107 | +11.02 | $96 |
| Loan / Deposit Ratio (%) | ▲ | 82.44% | +1.64 | 80.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.24 | 0.45% |
| Allowance / Loans (%) | — | 1.27% | 0.14% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.21% | -0.43 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.29M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 2.86% | 2.88% | 3.00% | 3.11% | 3.19% | 3.25% | 3.50% | 3.57% |
| ▁▁▂▃▄▅██ | Return on Assets (%) | 1.03% | 1.05% | 1.10% | 1.15% | 1.20% | 1.23% | 1.41% | 1.43% |
| ██▇▇▅▅▁▁ | Efficiency Ratio (%) | 59.7% | 59.2% | 58.7% | 58.0% | 56.8% | 56.3% | 52.2% | 52.6% |
| ██▅▇▅▅▁▂ | Cost of Funds (%) | 1.88% | 1.89% | 1.78% | 1.83% | 1.79% | 1.76% | 1.63% | 1.69% |
| ▁▁▂█▇█▂▃ | NPA / Assets (%) | 0.13% | 0.16% | 0.18% | 0.45% | 0.41% | 0.44% | 0.21% | 0.21% |
| ▁▂▂█▇█▃▁ | Net Charge-Off Ratio (%) | 0.17% | 0.26% | 0.24% | 0.64% | 0.57% | 0.64% | 0.29% | 0.21% |
| ▂▁▂▃▆▇██ | Tang. Book Value ($M) | $81 | $78 | $82 | $84 | $90 | $93 | $94 | $96 |
| ▁▂▄▄▇███ | Gross Loans ($M) | $436 | $448 | $460 | $466 | $488 | $493 | $490 | $497 |
| ▁▄▅▃▄██▇ | Total Deposits ($M) | $551 | $573 | $580 | $571 | $579 | $604 | $608 | $595 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 17% |
| Agricultural | 10% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 5% |