Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.31 | 0.54% |
| Return on Equity (%) | ▲ | 8.52% | +2.74 | 5.78% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.49 | 2.76% |
| Efficiency Ratio (%) | ▲ | 70.14% | -5.68 | 75.83% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $0 |
| Cost of Funds (%) | ▲ | 2.18% | -0.19 | 2.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $214 | +13.19 | $201 |
| Gross Loans ($M) | ▲ | $165 | +24.56 | $140 |
| Loan Growth YoY (%) | ▲ | 88.67% | +9.84 | 78.83% |
| Total Deposits ($M) | ▲ | $185 | +8.07 | $177 |
| Shareholders Equity ($M) | ▲ | $21 | +1.94 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +1.94 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +1.62 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 88.67% | +9.84 | 78.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.15 | 0.38% |
| Allowance / Loans (%) | — | 0.54% | -0.09% | 0.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -0.08 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.04% | -1.33 | 17.37% |
Noninterest income ($0.27M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.17% | 2.29% | 2.67% | 2.76% | 2.84% | 2.92% | 3.20% | 3.25% |
| ▁▁▅▄▄▅██ | Return on Assets (%) | 0.31% | 0.36% | 0.61% | 0.54% | 0.60% | 0.65% | 0.90% | 0.85% |
| ██▃▄▃▃▁▂ | Efficiency Ratio (%) | 85.6% | 83.3% | 72.7% | 75.8% | 73.2% | 73.2% | 67.1% | 70.1% |
| █▄▅▄▃▂▁▁ | Cost of Funds (%) | 2.62% | 2.38% | 2.44% | 2.36% | 2.32% | 2.28% | 2.17% | 2.18% |
| ▄▃▁▄█▇▄█ | NPA / Assets (%) | 0.39% | 0.35% | 0.27% | 0.38% | 0.53% | 0.48% | 0.40% | 0.53% |
| ▆▅▂▅█▃▁▃ | Net Charge-Off Ratio (%) | 0.53% | 0.48% | 0.33% | 0.47% | 0.66% | 0.36% | 0.24% | 0.39% |
| ▁▁▂▃▆▆▇█ | Tang. Book Value ($M) | $18 | $18 | $19 | $19 | $20 | $20 | $21 | $21 |
| ▁▁▁▂▃▄▅█ | Gross Loans ($M) | $135 | $135 | $136 | $140 | $145 | $148 | $153 | $165 |
| ▁▅▄▄▅▅▄█ | Total Deposits ($M) | $170 | $178 | $177 | $177 | $178 | $178 | $177 | $185 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 25% |
| Agricultural | 1% |
| Consumer | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 11% |