Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.14% | +0.50 | 1.64% |
| Return on Equity (%) | ▲ | 18.33% | +4.29 | 14.04% |
| Net Interest Margin (%) | ▲ | 4.53% | +0.25 | 4.28% |
| Efficiency Ratio (%) | ▲ | 58.94% | -6.33 | 65.27% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.35 | $1 |
| Cost of Funds (%) | ▲ | 1.71% | -0.01 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $243 | +8.91 | $234 |
| Gross Loans ($M) | ▼ | $197 | -7.17 | $204 |
| Loan Growth YoY (%) | ▼ | 100.21% | -9.72 | 109.94% |
| Total Deposits ($M) | ▲ | $193 | +10.49 | $183 |
| Shareholders Equity ($M) | ▲ | $29 | +1.77 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +1.77 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 100.21% | -9.72 | 109.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.03 | 0.28% |
| Allowance / Loans (%) | — | 1.77% | 0.11% | 1.66% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.63% | +0.85 | 13.77% |
Noninterest income ($0.66M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▇█ | Net Interest Margin (%) | 4.03% | 4.00% | 4.15% | 4.28% | 4.34% | 4.40% | 4.40% | 4.53% |
| █▇▁▁▂▃▃▅ | Return on Assets (%) | 2.59% | 2.39% | 1.55% | 1.64% | 1.74% | 1.87% | 1.93% | 2.14% |
| ▁▁█▇▆▅▅▃ | Efficiency Ratio (%) | 55.6% | 56.6% | 67.5% | 65.3% | 64.2% | 62.7% | 61.7% | 58.9% |
| ▆▁▄▆█▇▄▆ | Cost of Funds (%) | 1.73% | 1.56% | 1.67% | 1.72% | 1.79% | 1.73% | 1.65% | 1.71% |
| █▅▅▆▃▁▁▂ | NPA / Assets (%) | 0.30% | 0.28% | 0.28% | 0.28% | 0.26% | 0.25% | 0.24% | 0.26% |
| █▅▄▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.03% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▆▃▁▂██▇ | Tang. Book Value ($M) | $28 | $29 | $28 | $27 | $28 | $29 | $30 | $29 |
| ▁▄▄▆▆█▅▄ | Gross Loans ($M) | $184 | $197 | $200 | $204 | $208 | $216 | $203 | $197 |
| ▁▄▃▁▅▇█▄ | Total Deposits ($M) | $181 | $192 | $189 | $183 | $196 | $202 | $207 | $193 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Agricultural | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |