Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.73% | +0.28 | 0.44% |
| Return on Equity (%) | ▲ | 7.57% | +2.74 | 4.83% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.54 | 2.89% |
| Efficiency Ratio (%) | ▲ | 76.33% | -12.08 | 88.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.30 | $0 |
| Cost of Funds (%) | ▲ | 1.29% | -0.12 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $224 | +9.66 | $214 |
| Gross Loans ($M) | ▲ | $106 | +16.20 | $89 |
| Loan Growth YoY (%) | ▲ | 54.35% | +6.67 | 47.69% |
| Total Deposits ($M) | ▲ | $192 | +6.93 | $185 |
| Shareholders Equity ($M) | ▲ | $22 | +1.66 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +1.66 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.38 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 54.35% | +6.67 | 47.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.25% | +0.04 | 0.22% |
| Allowance / Loans (%) | — | 1.21% | -0.10% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.01 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.22% | -0.79 | 15.01% |
Noninterest income ($0.87M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▃▃▅▇█ | Net Interest Margin (%) | 2.95% | 2.93% | 2.70% | 2.89% | 2.97% | 3.07% | 3.33% | 3.43% |
| ▃▃▁▄▄▆██ | Return on Assets (%) | 0.39% | 0.40% | 0.24% | 0.44% | 0.44% | 0.55% | 0.67% | 0.73% |
| ▇▇█▇▅▄▁▁ | Efficiency Ratio (%) | 89.1% | 88.7% | 92.1% | 88.4% | 85.7% | 82.8% | 77.7% | 76.3% |
| ▄█▇▇▅▂▁▃ | Cost of Funds (%) | 1.31% | 1.47% | 1.44% | 1.42% | 1.35% | 1.25% | 1.20% | 1.29% |
| ▃▂█▁▁▁█▂ | NPA / Assets (%) | 0.27% | 0.25% | 0.38% | 0.22% | 0.23% | 0.21% | 0.39% | 0.25% |
| ▄▃█▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.72% | 0.67% | 0.97% | 0.52% | 0.56% | 0.52% | 0.93% | 0.54% |
| ▅▁▂▃████ | Tang. Book Value ($M) | $21 | $19 | $20 | $20 | $22 | $22 | $22 | $22 |
| ▁▁▂▄▄▅▆█ | Gross Loans ($M) | $80 | $81 | $85 | $89 | $90 | $93 | $97 | $106 |
| ▁▄▅▂▄▇█▅ | Total Deposits ($M) | $180 | $189 | $191 | $185 | $188 | $198 | $201 | $192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 20% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |