Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.46 | 1.55% |
| Return on Equity (%) | ▲ | 21.27% | +4.65 | 16.62% |
| Net Interest Margin (%) | ▲ | 4.94% | +0.14 | 4.80% |
| Efficiency Ratio (%) | ▲ | 62.11% | -3.95 | 66.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.44 | $1 |
| Cost of Funds (%) | ▲ | 1.33% | -0.24 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $277 | +16.33 | $261 |
| Gross Loans ($M) | ▲ | $213 | +17.73 | $195 |
| Loan Growth YoY (%) | ▲ | 91.90% | +4.75 | 87.15% |
| Total Deposits ($M) | ▲ | $229 | +7.98 | $222 |
| Shareholders Equity ($M) | ▲ | $26 | +1.66 | $24 |
| Tang. Book Value ($M) | ▲ | $25 | +1.66 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.75 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 91.90% | +4.75 | 87.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.92% | +0.29 | 0.63% |
| Allowance / Loans (%) | — | 1.07% | -0.16% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 1.06% | +0.37 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.42% | -0.17 | 11.59% |
Noninterest income ($0.66M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▃▃▁▆▇█ | Net Interest Margin (%) | 4.78% | 4.81% | 4.81% | 4.80% | 4.74% | 4.88% | 4.91% | 4.94% |
| ▁▁▇▂▃▄██ | Return on Assets (%) | 1.40% | 1.44% | 1.87% | 1.55% | 1.63% | 1.67% | 2.01% | 2.01% |
| ██▁▅▄▄▁▁ | Efficiency Ratio (%) | 70.0% | 69.1% | 62.6% | 66.1% | 65.4% | 65.6% | 61.9% | 62.1% |
| █▇▇▇▇▄▂▁ | Cost of Funds (%) | 1.65% | 1.60% | 1.57% | 1.57% | 1.57% | 1.48% | 1.39% | 1.33% |
| ▁▁▁▃▃▁█▅ | NPA / Assets (%) | 0.14% | 0.19% | 0.21% | 0.63% | 0.68% | 0.14% | 1.62% | 0.92% |
| ▁▁▁▃▃▁█▅ | Net Charge-Off Ratio (%) | 0.19% | 0.25% | 0.14% | 0.70% | 0.77% | 0.05% | 1.98% | 1.06% |
| ▃▁▁▂▂▃▆█ | Tang. Book Value ($M) | $23 | $22 | $23 | $23 | $23 | $23 | $24 | $25 |
| ▁▂▃▄▄▃▅█ | Gross Loans ($M) | $183 | $189 | $194 | $195 | $196 | $191 | $199 | $213 |
| ▁▂▄▄▅█▇▆ | Total Deposits ($M) | $209 | $213 | $219 | $222 | $226 | $237 | $232 | $229 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 18% |
| Agricultural | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 89% |
| Brokered / Other | 6% |