Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.39% | +0.11 | 0.28% |
| Return on Equity (%) | ▲ | 5.38% | +1.20 | 4.18% |
| Net Interest Margin (%) | ▲ | 2.53% | +0.38 | 2.14% |
| Efficiency Ratio (%) | ▲ | 83.45% | -2.92 | 86.38% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.23 | $3 |
| Cost of Funds (%) | ▲ | 2.05% | -0.26 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,857 | -18.41 | $1,875 |
| Gross Loans ($M) | ▼ | $1,449 | -29.93 | $1,479 |
| Loan Growth YoY (%) | ▼ | 104.48% | -4.56 | 109.04% |
| Total Deposits ($M) | ▲ | $1,377 | +29.72 | $1,348 |
| Shareholders Equity ($M) | ▲ | $138 | +9.62 | $128 |
| Tang. Book Value ($M) | ▲ | $134 | +8.83 | $125 |
| TBV excl. AOCI ($M)** | ▲ | $148 | +9.20 | $138 |
| Loan / Deposit Ratio (%) | ▼ | 104.48% | -4.56 | 109.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.26 | 0.31% |
| Allowance / Loans (%) | — | 0.68% | 0.04% | 0.64% |
| Net Charge-Off Ratio (%) | ▼ | 0.73% | +0.33 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.61% | +0.81 | 10.80% |
Noninterest income ($2.31M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▃▄▇█ | Net Interest Margin (%) | 2.12% | 2.13% | 2.03% | 2.14% | 2.19% | 2.24% | 2.43% | 2.53% |
| ▇▅▁▇▇▇▇█ | Return on Assets (%) | 0.33% | 0.21% | -0.06% | 0.28% | 0.31% | 0.30% | 0.29% | 0.39% |
| ▁▃█▂▂▁▃▁ | Efficiency Ratio (%) | 83.2% | 87.5% | 96.8% | 86.4% | 86.5% | 84.2% | 87.9% | 83.5% |
| ██▇▆▅▄▂▁ | Cost of Funds (%) | 2.46% | 2.46% | 2.36% | 2.31% | 2.29% | 2.23% | 2.11% | 2.05% |
| ▁▁▁▄▃▇▇█ | NPA / Assets (%) | 0.15% | 0.19% | 0.19% | 0.31% | 0.29% | 0.50% | 0.49% | 0.57% |
| ▁▁▁▃▃▇▇█ | Net Charge-Off Ratio (%) | 0.19% | 0.20% | 0.25% | 0.39% | 0.37% | 0.65% | 0.66% | 0.73% |
| ▄▁▂▄▇▇▇█ | Tang. Book Value ($M) | $125 | $118 | $121 | $125 | $130 | $132 | $131 | $134 |
| ▄▄▄█▇▅▁▄ | Gross Loans ($M) | $1,450 | $1,450 | $1,451 | $1,479 | $1,470 | $1,455 | $1,430 | $1,449 |
| ▁▄▆▄▄▆▇█ | Total Deposits ($M) | $1,329 | $1,349 | $1,361 | $1,348 | $1,353 | $1,363 | $1,370 | $1,377 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 20% |