Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.20 | 0.79% |
| Return on Equity (%) | ▲ | 12.91% | +2.48 | 10.43% |
| Net Interest Margin (%) | ▲ | 4.08% | +0.32 | 3.76% |
| Efficiency Ratio (%) | ▲ | 69.84% | -7.66 | 77.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.45 | $1 |
| Cost of Funds (%) | ▲ | 2.10% | -0.19 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $374 | +37.33 | $336 |
| Gross Loans ($M) | ▲ | $317 | +35.92 | $281 |
| Loan Growth YoY (%) | ▲ | 108.02% | +4.74 | 103.28% |
| Total Deposits ($M) | ▲ | $290 | +20.88 | $270 |
| Shareholders Equity ($M) | ▲ | $28 | +3.15 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +3.23 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +3.13 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 108.02% | +4.74 | 103.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.08 | 0.38% |
| Allowance / Loans (%) | — | 0.98% | 0.08% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.08 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.77% | -0.34 | 10.11% |
Noninterest income ($0.62M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▆█ | Net Interest Margin (%) | 3.33% | 3.41% | 3.60% | 3.76% | 3.86% | 3.94% | 3.85% | 4.08% |
| ▁▁▂▅▆█▅█ | Return on Assets (%) | 0.49% | 0.54% | 0.57% | 0.79% | 0.86% | 0.99% | 0.80% | 0.99% |
| ██▇▅▄▂▃▁ | Efficiency Ratio (%) | 83.9% | 82.3% | 81.3% | 77.5% | 75.6% | 72.0% | 73.7% | 69.8% |
| ██▅▄▄▃▂▁ | Cost of Funds (%) | 2.57% | 2.57% | 2.34% | 2.29% | 2.29% | 2.28% | 2.16% | 2.10% |
| ▆██▄▁▁▁▂ | NPA / Assets (%) | 0.48% | 0.58% | 0.55% | 0.38% | 0.28% | 0.25% | 0.25% | 0.30% |
| ▇██▃▁▁▁▁ | Net Charge-Off Ratio (%) | 0.59% | 0.70% | 0.66% | 0.24% | 0.11% | 0.08% | 0.09% | 0.16% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $23 | $23 | $23 | $24 | $25 | $26 | $26 | $27 |
| ▁▁▁▃▄▅▆█ | Gross Loans ($M) | $264 | $263 | $268 | $281 | $287 | $293 | $300 | $317 |
| ▂▁▃▅▆▇██ | Total Deposits ($M) | $250 | $242 | $256 | $270 | $276 | $279 | $287 | $290 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 14% |
| Agricultural | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 9% |