Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.50% | +0.12 | 0.37% |
| Return on Equity (%) | ▲ | 6.48% | +0.93 | 5.55% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.19 | 3.47% |
| Efficiency Ratio (%) | ▲ | 75.48% | -5.01 | 80.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.26% | -0.22 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $239 | +12.56 | $226 |
| Gross Loans ($M) | ▲ | $150 | +8.61 | $142 |
| Loan Growth YoY (%) | ▲ | 67.75% | +1.27 | 66.49% |
| Total Deposits ($M) | ▲ | $219 | +9.33 | $210 |
| Shareholders Equity ($M) | ▲ | $19 | +3.16 | $16 |
| Tang. Book Value ($M) | ▲ | $19 | +3.16 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +3.16 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 67.75% | +1.27 | 66.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -0.60 | 0.87% |
| Allowance / Loans (%) | — | 1.41% | -0.34% | 1.75% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -1.29 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▃▄▄▅█ | Net Interest Margin (%) | 3.70% | 3.63% | 3.39% | 3.47% | 3.51% | 3.52% | 3.54% | 3.66% |
| █▆▁▁▁▁▃▂ | Return on Assets (%) | 1.00% | 0.82% | 0.40% | 0.37% | 0.37% | 0.36% | 0.54% | 0.50% |
| ▂▇████▁▂ | Efficiency Ratio (%) | 75.6% | 79.4% | 80.3% | 80.5% | 80.4% | 80.3% | 74.2% | 75.5% |
| ██▅▅▅▄▁▁ | Cost of Funds (%) | 1.58% | 1.61% | 1.46% | 1.48% | 1.46% | 1.39% | 1.28% | 1.26% |
| ████▁▁▁▁ | NPA / Assets (%) | 0.89% | 0.91% | 0.86% | 0.87% | 0.23% | 0.22% | 0.21% | 0.27% |
| ████▁▁▁▁ | Net Charge-Off Ratio (%) | 1.42% | 1.43% | 1.39% | 1.39% | 0.00% | 0.00% | 0.00% | 0.10% |
| ▅▁▄▃▆███ | Tang. Book Value ($M) | $17 | $14 | $16 | $16 | $17 | $18 | $18 | $19 |
| ▁▁▃▃▅▅▆█ | Gross Loans ($M) | $139 | $138 | $142 | $142 | $145 | $144 | $147 | $150 |
| ▁▁▄▃▄▇█▆ | Total Deposits ($M) | $203 | $202 | $211 | $210 | $211 | $220 | $224 | $219 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 18% |