Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.10 | 1.17% |
| Return on Equity (%) | ▼ | 15.59% | -0.59 | 16.18% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.43 | 4.02% |
| Efficiency Ratio (%) | ▼ | 65.19% | +1.56 | 63.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.85% | -0.26 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +10.01 | $183 |
| Gross Loans ($M) | ▲ | $155 | +16.14 | $139 |
| Loan Growth YoY (%) | ▲ | 93.60% | +3.37 | 90.23% |
| Total Deposits ($M) | ▲ | $164 | +11.58 | $152 |
| Shareholders Equity ($M) | ▲ | $16 | +2.91 | $13 |
| Tang. Book Value ($M) | ▲ | $16 | +2.92 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.67 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 93.60% | +3.37 | 90.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.05% | 0.01% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.01 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.33M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆▇█ | Net Interest Margin (%) | 3.59% | 3.65% | 3.81% | 4.02% | 4.09% | 4.16% | 4.27% | 4.45% |
| ▁▁▅▇▇▇▆█ | Return on Assets (%) | 0.59% | 0.63% | 1.02% | 1.17% | 1.17% | 1.19% | 1.05% | 1.28% |
| ██▂▁▁▁▂▁ | Efficiency Ratio (%) | 79.5% | 79.0% | 67.1% | 63.6% | 65.4% | 65.2% | 67.6% | 65.2% |
| ██▇▄▅▆▅▁ | Cost of Funds (%) | 2.48% | 2.49% | 2.34% | 2.11% | 2.25% | 2.28% | 2.19% | 1.85% |
| █▅▅▁▁▁▂▁ | NPA / Assets (%) | 0.40% | 0.20% | 0.21% | 0.01% | 0.01% | 0.01% | 0.09% | 0.01% |
| █▅▅▁▁▁▂▁ | Net Charge-Off Ratio (%) | 0.53% | 0.28% | 0.28% | 0.02% | 0.01% | 0.01% | 0.11% | 0.01% |
| ▃▁▂▂▅▆▇█ | Tang. Book Value ($M) | $13 | $12 | $12 | $13 | $14 | $14 | $15 | $16 |
| ▁▁▁▄▇█▅█ | Gross Loans ($M) | $131 | $131 | $129 | $139 | $150 | $153 | $144 | $155 |
| ▁▁▃▃▆▇██ | Total Deposits ($M) | $148 | $145 | $151 | $152 | $158 | $159 | $164 | $164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 16% |
| Agricultural | 20% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 13% |