Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.68 | 0.72% |
| Return on Equity (%) | ▲ | 12.86% | +5.12 | 7.74% |
| Net Interest Margin (%) | ▲ | 5.27% | +0.90 | 4.37% |
| Efficiency Ratio (%) | ▲ | 65.07% | -10.64 | 75.71% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.58 | $1 |
| Cost of Funds (%) | ▲ | 1.42% | -0.58 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $293 | -26.75 | $320 |
| Gross Loans ($M) | ▼ | $248 | -21.08 | $269 |
| Loan Growth YoY (%) | ▼ | 95.02% | -3.61 | 98.62% |
| Total Deposits ($M) | ▼ | $258 | -11.48 | $269 |
| Shareholders Equity ($M) | ▲ | $34 | +2.73 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +2.80 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 95.02% | -3.61 | 98.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.78% | +0.31 | 0.47% |
| Allowance / Loans (%) | — | 1.03% | -0.09% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 0.93% | +0.37 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.65M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.58% | 3.79% | 4.20% | 4.37% | 4.48% | 4.64% | 5.15% | 5.27% |
| ▁▃▄▄▅▆██ | Return on Assets (%) | 0.20% | 0.50% | 0.73% | 0.72% | 0.89% | 0.99% | 1.30% | 1.40% |
| █▆▄▄▃▂▁▁ | Efficiency Ratio (%) | 89.1% | 81.7% | 77.0% | 75.7% | 73.3% | 71.1% | 65.2% | 65.1% |
| ██▇▆▅▂▁▁ | Cost of Funds (%) | 2.23% | 2.15% | 2.09% | 2.00% | 1.85% | 1.58% | 1.47% | 1.42% |
| ▁▁▁▂▅▃▂█ | NPA / Assets (%) | 0.41% | 0.45% | 0.44% | 0.47% | 0.61% | 0.53% | 0.48% | 0.78% |
| ▁▁▁▂▅▃▂█ | Net Charge-Off Ratio (%) | 0.51% | 0.55% | 0.53% | 0.56% | 0.74% | 0.64% | 0.59% | 0.93% |
| ▁▁▃▄▅▇▆█ | Tang. Book Value ($M) | $28 | $28 | $29 | $30 | $31 | $32 | $32 | $33 |
| ▅▇██▂▄▂▁ | Gross Loans ($M) | $260 | $264 | $268 | $269 | $252 | $258 | $251 | $248 |
| ▇█▇▄▆▇▅▁ | Total Deposits ($M) | $279 | $283 | $279 | $269 | $275 | $277 | $272 | $258 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 6% |