Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.31% | +0.17 | 0.14% |
| Return on Equity (%) | ▲ | 3.95% | +1.84 | 2.11% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.67 | 3.03% |
| Efficiency Ratio (%) | ▲ | 90.83% | -4.66 | 95.49% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $0 |
| Cost of Funds (%) | ▼ | 1.16% | +0.03 | 1.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $182 | -2.46 | $184 |
| Gross Loans ($M) | ▲ | $116 | +3.11 | $113 |
| Loan Growth YoY (%) | ▲ | 69.36% | +3.36 | 65.99% |
| Total Deposits ($M) | ▼ | $166 | -3.77 | $170 |
| Shareholders Equity ($M) | ▲ | $14 | +1.38 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.37 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.17 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 69.36% | +3.36 | 65.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.02 | 0.15% |
| Allowance / Loans (%) | — | 0.79% | -0.01% | 0.81% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.03 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.59% | +1.18 | 14.41% |
Noninterest income ($0.63M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 2.57% | 2.65% | 2.90% | 3.03% | 3.14% | 3.22% | 3.74% | 3.70% |
| ▁▁▃▄▅▆█▇ | Return on Assets (%) | -0.06% | -0.04% | 0.09% | 0.14% | 0.20% | 0.22% | 0.39% | 0.31% |
| ██▆▄▃▃▁▁ | Efficiency Ratio (%) | 101.0% | 100.5% | 97.3% | 95.5% | 93.7% | 93.0% | 90.1% | 90.8% |
| █▇▆▅▅▄▁▆ | Cost of Funds (%) | 1.35% | 1.25% | 1.18% | 1.12% | 1.12% | 1.05% | 0.79% | 1.16% |
| ▅▆▅▁█▅▃▂ | NPA / Assets (%) | 0.23% | 0.25% | 0.23% | 0.15% | 0.30% | 0.23% | 0.20% | 0.17% |
| ▄▇▆▁█▄▃▂ | Net Charge-Off Ratio (%) | 0.34% | 0.41% | 0.38% | 0.24% | 0.45% | 0.34% | 0.30% | 0.27% |
| ▃▁▃▅▆███ | Tang. Book Value ($M) | $12 | $11 | $12 | $13 | $13 | $14 | $14 | $14 |
| ▅▁▂▄▅▇██ | Gross Loans ($M) | $113 | $110 | $111 | $113 | $113 | $115 | $115 | $116 |
| ▁▆▇█▃▄▆▅ | Total Deposits ($M) | $161 | $166 | $169 | $170 | $163 | $164 | $167 | $166 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 3% |