Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.15% | -0.22 | 1.37% |
| Return on Equity (%) | ▼ | 11.05% | -1.84 | 12.89% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.24 | 3.67% |
| Efficiency Ratio (%) | ▲ | 59.00% | -5.17 | 64.17% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.39 | $1 |
| Cost of Funds (%) | ▲ | 1.62% | -0.07 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $374 | +18.63 | $355 |
| Gross Loans ($M) | ▲ | $281 | +30.15 | $251 |
| Loan Growth YoY (%) | ▲ | 97.38% | +9.09 | 88.29% |
| Total Deposits ($M) | ▲ | $285 | +4.40 | $281 |
| Shareholders Equity ($M) | ▲ | $38 | +0.65 | $38 |
| Tang. Book Value ($M) | ▲ | $35 | +0.78 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +0.66 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 97.38% | +9.09 | 88.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.48% | -0.14 | 0.62% |
| Allowance / Loans (%) | — | 1.06% | 0.01% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.21 | 0.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.60M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅▇█ | Net Interest Margin (%) | 3.65% | 3.63% | 3.61% | 3.67% | 3.73% | 3.76% | 3.87% | 3.91% |
| ▆▅▆███▁▄ | Return on Assets (%) | 1.25% | 1.19% | 1.26% | 1.37% | 1.39% | 1.42% | 0.93% | 1.15% |
| ██▇▆▆▅▃▁ | Efficiency Ratio (%) | 65.5% | 66.5% | 65.5% | 64.2% | 63.8% | 63.0% | 61.7% | 59.0% |
| ▂█▆▅█▆▁▁ | Cost of Funds (%) | 1.64% | 1.74% | 1.71% | 1.69% | 1.74% | 1.70% | 1.62% | 1.62% |
| █▂▁▄▇▃▁▁ | NPA / Assets (%) | 0.80% | 0.54% | 0.47% | 0.62% | 0.75% | 0.58% | 0.51% | 0.48% |
| █▂▁▅█▄▂▁ | Net Charge-Off Ratio (%) | 0.81% | 0.49% | 0.38% | 0.62% | 0.79% | 0.56% | 0.45% | 0.41% |
| ▂▁▁▄▆█▃▅ | Tang. Book Value ($M) | $33 | $32 | $33 | $34 | $35 | $37 | $34 | $35 |
| ▁▂▂▄▅▆▇█ | Gross Loans ($M) | $231 | $243 | $243 | $251 | $258 | $262 | $269 | $281 |
| ▁▁▄▇▆▇██ | Total Deposits ($M) | $260 | $258 | $269 | $281 | $277 | $283 | $288 | $285 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 5% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |