Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.38% | -0.02 | 1.40% |
| Return on Equity (%) | ▼ | 9.85% | -0.62 | 10.47% |
| Net Interest Margin (%) | ▲ | 5.20% | +0.19 | 5.01% |
| Efficiency Ratio (%) | ▲ | 60.03% | -2.62 | 62.65% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.03 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $162 | +8.38 | $154 |
| Gross Loans ($M) | ▲ | $143 | +14.00 | $129 |
| Loan Growth YoY (%) | ▲ | 101.19% | +5.53 | 95.66% |
| Total Deposits ($M) | ▲ | $138 | +6.06 | $132 |
| Shareholders Equity ($M) | ▲ | $23 | +2.15 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +2.15 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 101.19% | +5.53 | 95.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.95% | +0.68 | 1.27% |
| Allowance / Loans (%) | — | 1.87% | 0.23% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 2.21% | +0.70 | 1.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.90% | +0.24 | 21.66% |
Noninterest income ($0.29M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▇█▇ | Net Interest Margin (%) | 4.38% | 4.48% | 4.81% | 5.01% | 5.10% | 5.18% | 5.31% | 5.20% |
| ▁▂▅▅▄▄█▄ | Return on Assets (%) | 1.13% | 1.20% | 1.40% | 1.40% | 1.36% | 1.38% | 1.64% | 1.38% |
| █▇▇▇▇▅▁▄ | Efficiency Ratio (%) | 64.6% | 63.5% | 62.7% | 62.7% | 62.5% | 61.2% | 56.0% | 60.0% |
| ██▅▃▂▁▁▂ | Cost of Funds (%) | 2.13% | 2.09% | 1.90% | 1.76% | 1.71% | 1.70% | 1.64% | 1.74% |
| ▁▁▄▃▃▂▇█ | NPA / Assets (%) | 0.96% | 0.97% | 1.40% | 1.27% | 1.23% | 1.19% | 1.75% | 1.95% |
| ▁▁▅▃▂▂▇█ | Net Charge-Off Ratio (%) | 1.22% | 1.19% | 1.72% | 1.51% | 1.41% | 1.36% | 1.99% | 2.21% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $19 | $20 | $20 | $21 | $21 | $22 | $22 | $23 |
| ▁▁▁▄▅▆██ | Gross Loans ($M) | $119 | $121 | $122 | $129 | $133 | $136 | $140 | $143 |
| ▁▁▂▄▃▄▇█ | Total Deposits ($M) | $128 | $128 | $129 | $132 | $130 | $133 | $136 | $138 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |