Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.49 | 0.43% |
| Return on Equity (%) | ▲ | 14.38% | +6.43 | 7.95% |
| Net Interest Margin (%) | ▲ | 2.95% | +0.61 | 2.34% |
| Efficiency Ratio (%) | ▲ | 62.57% | -16.50 | 79.08% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.23 | $0 |
| Cost of Funds (%) | ▲ | 1.78% | -0.41 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +8.36 | $118 |
| Gross Loans ($M) | ▲ | $62 | +4.21 | $58 |
| Loan Growth YoY (%) | ▲ | 52.98% | +0.64 | 52.35% |
| Total Deposits ($M) | ▲ | $117 | +6.61 | $111 |
| Shareholders Equity ($M) | ▲ | $8 | +1.64 | $6 |
| Tang. Book Value ($M) | ▲ | $8 | +1.64 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +1.65 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 52.98% | +0.64 | 52.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.04 | 0.08% |
| Allowance / Loans (%) | — | 0.37% | -0.01% | 0.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.06 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.25% | +0.16 | 15.08% |
Noninterest income ($0.19M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 1.77% | 1.83% | 2.32% | 2.34% | 2.39% | 2.49% | 2.90% | 2.95% |
| ▁▁▃▄▄▅██ | Return on Assets (%) | 0.06% | 0.12% | 0.38% | 0.43% | 0.49% | 0.50% | 0.84% | 0.92% |
| ██▅▄▄▄▁▁ | Efficiency Ratio (%) | 97.0% | 94.9% | 81.4% | 79.1% | 76.8% | 75.9% | 64.8% | 62.6% |
| ██▅▄▄▃▁▁ | Cost of Funds (%) | 2.54% | 2.64% | 2.29% | 2.19% | 2.16% | 1.99% | 1.77% | 1.78% |
| ▁▁▁▃▇▃▇█ | NPA / Assets (%) | 0.07% | 0.07% | 0.07% | 0.08% | 0.11% | 0.09% | 0.12% | 0.13% |
| ▁▁▁▄█▃██ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.13% | 0.17% | 0.23% | 0.16% | 0.22% | 0.23% |
| ▄▁▁▁▆███ | Tang. Book Value ($M) | $7 | $6 | $6 | $6 | $7 | $8 | $8 | $8 |
| ▃▆▂▁▁▇█▆ | Gross Loans ($M) | $60 | $62 | $59 | $58 | $58 | $63 | $64 | $62 |
| ▄▃▁▂▂▃██ | Total Deposits ($M) | $112 | $111 | $109 | $111 | $110 | $112 | $116 | $117 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 18% |
| Agricultural | 3% |
| Consumer | 25% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 4% |