Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.94% | +0.06 | 1.88% |
| Return on Equity (%) | ▲ | 17.47% | +1.47 | 16.00% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.01 | 3.77% |
| Efficiency Ratio (%) | ▲ | 54.03% | -1.45 | 55.48% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 0.44% | -0.09 | 0.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $326 | +14.18 | $312 |
| Gross Loans ($M) | ▲ | $76 | +2.66 | $74 |
| Loan Growth YoY (%) | ▼ | 26.19% | -0.07 | 26.27% |
| Total Deposits ($M) | ▲ | $286 | +11.23 | $275 |
| Shareholders Equity ($M) | ▲ | $37 | +2.98 | $34 |
| Tang. Book Value ($M) | ▲ | $37 | +2.98 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +3.55 | $44 |
| Loan / Deposit Ratio (%) | ▼ | 26.19% | -0.07 | 26.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.21 | 0.36% |
| Allowance / Loans (%) | — | 1.94% | -0.18% | 2.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.64% | -0.90 | 1.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 32.97% | +0.51 | 32.46% |
Noninterest income ($0.53M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▂▃▇█▁▄ | Net Interest Margin (%) | 3.82% | 3.82% | 3.76% | 3.77% | 3.82% | 3.86% | 3.73% | 3.78% |
| ▄▃▁▁▆█▁▄ | Return on Assets (%) | 1.95% | 1.94% | 1.88% | 1.88% | 1.98% | 2.04% | 1.90% | 1.94% |
| ▇███▄▁▆▅ | Efficiency Ratio (%) | 55.0% | 55.2% | 55.5% | 55.5% | 53.7% | 52.6% | 54.4% | 54.0% |
| █▇▅▆▇▄▁▁ | Cost of Funds (%) | 0.58% | 0.55% | 0.52% | 0.54% | 0.55% | 0.50% | 0.46% | 0.44% |
| ▄██▇▅▃▁▁ | NPA / Assets (%) | 0.25% | 0.41% | 0.39% | 0.36% | 0.30% | 0.24% | 0.16% | 0.15% |
| ▃███▄▁▁▁ | Net Charge-Off Ratio (%) | 0.90% | 1.58% | 1.65% | 1.54% | 1.05% | 0.75% | 0.72% | 0.64% |
| ▇▅█▁▃▆▇█ | Tang. Book Value ($M) | $36 | $35 | $37 | $34 | $35 | $36 | $36 | $37 |
| ▅▇▁▅▂▆▅█ | Gross Loans ($M) | $74 | $75 | $70 | $74 | $71 | $74 | $73 | $76 |
| ▁▂▂▆▆▇██ | Total Deposits ($M) | $247 | $254 | $257 | $275 | $278 | $282 | $289 | $286 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 10% |
| Agricultural | 12% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 48% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 6% |