Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.23 | 1.61% |
| Return on Equity (%) | ▲ | 15.56% | +0.29 | 15.27% |
| Net Interest Margin (%) | ▲ | 4.76% | +0.43 | 4.34% |
| Efficiency Ratio (%) | ▲ | 52.63% | -2.52 | 55.15% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.30 | $2 |
| Cost of Funds (%) | ▲ | 0.81% | -0.24 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $372 | +11.09 | $361 |
| Gross Loans ($M) | ▲ | $240 | +21.31 | $219 |
| Loan Growth YoY (%) | ▲ | 72.85% | +4.93 | 67.92% |
| Total Deposits ($M) | ▲ | $326 | +7.37 | $318 |
| Shareholders Equity ($M) | ▲ | $45 | +4.34 | $40 |
| Tang. Book Value ($M) | ▲ | $45 | +4.36 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +4.24 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 72.85% | +4.93 | 67.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -0.25 | 0.93% |
| Allowance / Loans (%) | — | 1.15% | -0.00% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.96% | -0.56 | 1.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.80M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 4.09% | 4.13% | 4.22% | 4.34% | 4.44% | 4.51% | 4.65% | 4.76% |
| ▁▂▃▃▅▆█▇ | Return on Assets (%) | 1.44% | 1.53% | 1.58% | 1.61% | 1.73% | 1.79% | 1.91% | 1.84% |
| █▇▄▅▃▂▁▂ | Efficiency Ratio (%) | 57.8% | 56.6% | 54.1% | 55.1% | 53.2% | 52.4% | 50.9% | 52.6% |
| ▆█▆▅▄▂▁▁ | Cost of Funds (%) | 1.08% | 1.23% | 1.08% | 1.05% | 0.97% | 0.85% | 0.79% | 0.81% |
| ▂▃▁███▇▁ | NPA / Assets (%) | 0.74% | 0.77% | 0.70% | 0.93% | 0.94% | 0.94% | 0.88% | 0.68% |
| ▅▆▃███▅▁ | Net Charge-Off Ratio (%) | 1.31% | 1.31% | 1.16% | 1.52% | 1.52% | 1.49% | 1.29% | 0.96% |
| ▂▁▃▄▇▆▇█ | Tang. Book Value ($M) | $37 | $36 | $38 | $40 | $42 | $41 | $43 | $45 |
| ▁▂▃▄▄▅▆█ | Gross Loans ($M) | $205 | $211 | $216 | $219 | $222 | $227 | $230 | $240 |
| ▆▄█▂▁▁▃▇ | Total Deposits ($M) | $325 | $321 | $328 | $318 | $317 | $316 | $319 | $326 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 7% |