Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.57% | +0.23 | 1.33% |
| Return on Equity (%) | ▲ | 19.59% | +1.93 | 17.66% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.14 | 4.02% |
| Efficiency Ratio (%) | ▲ | 64.73% | -2.23 | 66.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▼ | 2.12% | +0.03 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $250 | +7.62 | $243 |
| Gross Loans ($M) | ▲ | $215 | +11.93 | $203 |
| Loan Growth YoY (%) | ▲ | 96.14% | +1.36 | 94.79% |
| Total Deposits ($M) | ▲ | $222 | +9.39 | $212 |
| Shareholders Equity ($M) | ▲ | $21 | +2.02 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +2.02 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 96.14% | +1.36 | 94.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.12% | +0.14 | 0.99% |
| Allowance / Loans (%) | — | 1.01% | -0.05% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.96% | -0.12 | 1.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.68% | +0.72 | 10.97% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇███ | Net Interest Margin (%) | 3.63% | 3.69% | 3.97% | 4.02% | 4.06% | 4.10% | 4.11% | 4.16% |
| ▁▂▆▆▆▆██ | Return on Assets (%) | 0.94% | 1.03% | 1.34% | 1.33% | 1.35% | 1.35% | 1.55% | 1.57% |
| █▇▂▂▂▃▁▁ | Efficiency Ratio (%) | 76.2% | 74.2% | 66.8% | 67.0% | 66.8% | 67.8% | 65.0% | 64.7% |
| ▁█▃▁▃▁▁▂ | Cost of Funds (%) | 2.10% | 2.30% | 2.15% | 2.09% | 2.15% | 2.10% | 2.09% | 2.12% |
| ▁▁▃▄█▅██ | NPA / Assets (%) | 0.88% | 0.85% | 0.94% | 0.99% | 1.11% | 1.01% | 1.10% | 1.12% |
| ▄▃▅▃█▆█▁ | Net Charge-Off Ratio (%) | 1.10% | 1.06% | 1.13% | 1.08% | 1.30% | 1.18% | 1.28% | 0.96% |
| ▁▁▂▃▅▅▇█ | Tang. Book Value ($M) | $17 | $17 | $18 | $18 | $19 | $19 | $20 | $20 |
| ▁▃▃▄▇███ | Gross Loans ($M) | $189 | $198 | $196 | $203 | $211 | $215 | $218 | $215 |
| ▁▇▃▃▄███ | Total Deposits ($M) | $207 | $219 | $211 | $212 | $213 | $220 | $220 | $222 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 13% |