Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.08% | +0.48 | 1.60% |
| Return on Equity (%) | ▲ | 26.35% | +0.02 | 26.33% |
| Net Interest Margin (%) | ▲ | 4.89% | +0.28 | 4.61% |
| Efficiency Ratio (%) | ▲ | 57.01% | -3.95 | 60.96% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.04 | $3 |
| Cost of Funds (%) | ▲ | 0.93% | -0.23 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $444 | +7.35 | $436 |
| Gross Loans ($M) | ▲ | $210 | +26.20 | $184 |
| Loan Growth YoY (%) | ▲ | 54.05% | +6.67 | 47.38% |
| Total Deposits ($M) | ▲ | $379 | +1.50 | $378 |
| Shareholders Equity ($M) | ▲ | $36 | +8.69 | $27 |
| Tang. Book Value ($M) | ▲ | $36 | +8.69 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +8.70 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 54.05% | +6.67 | 47.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.00 | 0.66% |
| Allowance / Loans (%) | — | 2.33% | -0.23% | 2.57% |
| Net Charge-Off Ratio (%) | ▲ | 1.41% | -0.17 | 1.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.18M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▆▇█ | Net Interest Margin (%) | 4.05% | 4.12% | 4.48% | 4.61% | 4.59% | 4.64% | 4.76% | 4.89% |
| ▃▃▁▅▇▇██ | Return on Assets (%) | 1.46% | 1.42% | 1.10% | 1.60% | 1.90% | 1.90% | 2.00% | 2.08% |
| █▇▇▄▃▄▁▂ | Efficiency Ratio (%) | 68.2% | 66.3% | 64.7% | 61.0% | 58.7% | 59.8% | 53.8% | 57.0% |
| █▇▅▄▅▂▁▁ | Cost of Funds (%) | 1.42% | 1.32% | 1.18% | 1.16% | 1.21% | 1.04% | 0.95% | 0.93% |
| ▁▁▅▇███▇ | NPA / Assets (%) | 0.44% | 0.45% | 0.61% | 0.66% | 0.71% | 0.70% | 0.69% | 0.67% |
| ▁▁▅███▇▆ | Net Charge-Off Ratio (%) | 1.02% | 0.99% | 1.38% | 1.58% | 1.62% | 1.64% | 1.54% | 1.41% |
| ▂▁▂▃▆███ | Tang. Book Value ($M) | $25 | $23 | $26 | $27 | $31 | $34 | $35 | $36 |
| ▁▃▃▃▃▃▆█ | Gross Loans ($M) | $171 | $184 | $181 | $184 | $182 | $184 | $199 | $210 |
| ▁▃▄█▅███ | Total Deposits ($M) | $335 | $349 | $355 | $378 | $362 | $377 | $378 | $379 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 3% |