Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.32 | 0.64% |
| Return on Equity (%) | ▲ | 8.50% | +2.91 | 5.59% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.23 | 3.15% |
| Efficiency Ratio (%) | ▲ | 67.57% | -7.48 | 75.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.54 | $1 |
| Cost of Funds (%) | ▲ | 1.82% | -0.06 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $356 | +8.86 | $347 |
| Gross Loans ($M) | ▲ | $310 | +3.32 | $306 |
| Loan Growth YoY (%) | ▼ | 104.12% | -3.54 | 107.66% |
| Total Deposits ($M) | ▲ | $293 | +12.78 | $281 |
| Shareholders Equity ($M) | ▲ | $41 | +1.25 | $39 |
| Tang. Book Value ($M) | ▲ | $39 | +1.08 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 104.12% | -3.54 | 107.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.82 | 1.13% |
| Allowance / Loans (%) | — | 1.31% | -0.03% | 1.34% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.92 | 1.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.79% | -0.04 | 15.83% |
Noninterest income ($0.70M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▆▆██ | Net Interest Margin (%) | 2.73% | 2.82% | 3.03% | 3.15% | 3.16% | 3.19% | 3.33% | 3.38% |
| ▁▂▄▅▅▅▆█ | Return on Assets (%) | 0.20% | 0.32% | 0.57% | 0.64% | 0.63% | 0.60% | 0.73% | 0.95% |
| █▇▅▄▄▄▃▁ | Efficiency Ratio (%) | 83.8% | 80.9% | 77.6% | 75.0% | 74.9% | 74.8% | 73.1% | 67.6% |
| ██▃▂▆▆▂▁ | Cost of Funds (%) | 2.10% | 2.08% | 1.92% | 1.88% | 2.01% | 2.02% | 1.86% | 1.82% |
| ██▇▇▆▂▁▁ | NPA / Assets (%) | 1.33% | 1.37% | 1.18% | 1.13% | 1.02% | 0.48% | 0.29% | 0.31% |
| ██▇▇▆▂▁▁ | Net Charge-Off Ratio (%) | 1.52% | 1.58% | 1.39% | 1.28% | 1.19% | 0.56% | 0.34% | 0.36% |
| ██▁▁▃▅▅▇ | Tang. Book Value ($M) | $39 | $39 | $38 | $38 | $38 | $38 | $39 | $39 |
| ▆▅▁▅▃▇█▇ | Gross Loans ($M) | $309 | $306 | $299 | $306 | $303 | $310 | $312 | $310 |
| ▁▃▄▁▆██▆ | Total Deposits ($M) | $279 | $285 | $288 | $281 | $295 | $301 | $298 | $293 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 20% |