Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.18% | +0.24 | -0.05% |
| Return on Equity (%) | ▲ | 2.40% | +3.10 | -0.70% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.23 | 3.05% |
| Efficiency Ratio (%) | ▲ | 94.22% | -6.28 | 100.50% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.67% | -0.05 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $264 | +2.37 | $262 |
| Gross Loans ($M) | ▼ | $211 | -4.39 | $215 |
| Loan Growth YoY (%) | ▼ | 86.79% | -4.64 | 91.42% |
| Total Deposits ($M) | ▲ | $241 | +7.41 | $233 |
| Shareholders Equity ($M) | ▲ | $21 | +0.69 | $20 |
| Tang. Book Value ($M) | ▲ | $20 | +0.71 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 86.79% | -4.64 | 91.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.03 | 0.38% |
| Allowance / Loans (%) | — | 0.81% | 0.01% | 0.79% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.36 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.16% | +0.64 | 10.52% |
Noninterest income ($0.39M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.77% | 2.77% | 3.00% | 3.05% | 3.09% | 3.12% | 3.26% | 3.28% |
| ▃▁▅▆▇▇██ | Return on Assets (%) | -0.39% | -0.61% | -0.13% | -0.05% | 0.00% | 0.05% | 0.16% | 0.18% |
| ██▅▃▂▂▁▁ | Efficiency Ratio (%) | 111.6% | 113.1% | 103.9% | 100.5% | 98.5% | 97.1% | 94.5% | 94.2% |
| ▅█▂▃▆▄▁▁ | Cost of Funds (%) | 1.77% | 1.85% | 1.71% | 1.72% | 1.79% | 1.75% | 1.69% | 1.67% |
| █▁▄▁█▃▅▇ | NPA / Assets (%) | 0.41% | 0.37% | 0.39% | 0.38% | 0.41% | 0.39% | 0.39% | 0.41% |
| ████▁▁▁▁ | Net Charge-Off Ratio (%) | 0.51% | 0.46% | 0.48% | 0.46% | 0.06% | 0.08% | 0.08% | 0.09% |
| ▃▁▃▄▄▆▆█ | Tang. Book Value ($M) | $19 | $19 | $19 | $19 | $19 | $19 | $19 | $20 |
| ▁▃▃▆▇█▆▄ | Gross Loans ($M) | $202 | $209 | $209 | $215 | $219 | $223 | $217 | $211 |
| ▁▃▃▄▄█▇▇ | Total Deposits ($M) | $227 | $232 | $232 | $233 | $234 | $243 | $240 | $241 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 17% |