Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.10% | +0.06 | 0.04% |
| Return on Equity (%) | ▲ | 1.26% | +0.84 | 0.42% |
| Net Interest Margin (%) | ▲ | 2.71% | +0.13 | 2.58% |
| Efficiency Ratio (%) | ▲ | 95.25% | -2.86 | 98.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 2.61% | -0.20 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $224 | +3.08 | $221 |
| Gross Loans ($M) | ▲ | $176 | +8.17 | $168 |
| Loan Growth YoY (%) | ▲ | 100.34% | +0.05 | 100.29% |
| Total Deposits ($M) | ▲ | $174 | +7.38 | $166 |
| Shareholders Equity ($M) | ▼ | $18 | -2.62 | $20 |
| Tang. Book Value ($M) | ▼ | $18 | -2.62 | $20 |
| TBV excl. AOCI ($M)** | ▼ | $19 | -2.81 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 100.34% | +0.05 | 100.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.02% | +2.11 | 1.91% |
| Allowance / Loans (%) | — | 1.14% | 0.36% | 0.78% |
| Net Charge-Off Ratio (%) | ▼ | 5.11% | +2.63 | 2.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.46% | -2.31 | 13.77% |
Noninterest income ($0.23M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▇▁▄█ | Net Interest Margin (%) | 2.41% | 2.42% | 2.55% | 2.58% | 2.64% | 2.37% | 2.50% | 2.71% |
| █████▁▇█ | Return on Assets (%) | 0.06% | -0.02% | 0.04% | 0.04% | 0.11% | -1.01% | -0.05% | 0.10% |
| ▂▃▃▃▁█▆▁ | Efficiency Ratio (%) | 96.6% | 98.7% | 98.7% | 98.1% | 94.4% | 106.3% | 102.4% | 95.3% |
| █▄▄▄▂▄▁▁ | Cost of Funds (%) | 3.13% | 2.83% | 2.82% | 2.81% | 2.74% | 2.84% | 2.67% | 2.61% |
| ▁▁▃▄▃███ | NPA / Assets (%) | 0.36% | 0.54% | 1.63% | 1.91% | 1.71% | 4.07% | 4.25% | 4.02% |
| ▁▁▃▄▃███ | Net Charge-Off Ratio (%) | 0.45% | 0.72% | 2.10% | 2.48% | 2.19% | 5.29% | 5.53% | 5.11% |
| █▇█▇▇▁▁▁ | Tang. Book Value ($M) | $21 | $20 | $21 | $20 | $20 | $18 | $18 | $18 |
| ▂▁▁▁▇▇▇█ | Gross Loans ($M) | $169 | $168 | $168 | $168 | $174 | $174 | $175 | $176 |
| ▁▂▅▄▂▇█▇ | Total Deposits ($M) | $157 | $162 | $169 | $166 | $161 | $172 | $177 | $174 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 5% |
| Agricultural | 7% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 38% |