Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.58% | +0.13 | 0.45% |
| Return on Equity (%) | ▲ | 6.86% | +1.28 | 5.58% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.25 | 3.44% |
| Efficiency Ratio (%) | ▲ | 86.94% | -1.49 | 88.42% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 0.75% | -0.10 | 0.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $693 | +13.17 | $680 |
| Gross Loans ($M) | ▼ | $386 | -17.55 | $404 |
| Loan Growth YoY (%) | ▼ | 60.40% | -6.14 | 66.54% |
| Total Deposits ($M) | ▲ | $632 | +31.73 | $601 |
| Shareholders Equity ($M) | ▲ | $59 | +3.33 | $56 |
| Tang. Book Value ($M) | ▲ | $59 | +3.35 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +3.70 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 60.40% | -6.14 | 66.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.33 | 0.56% |
| Allowance / Loans (%) | — | 1.09% | 0.08% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.42% | -0.53 | 0.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.43% | +0.93 | 14.50% |
Noninterest income ($3.67M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▆▇█ | Net Interest Margin (%) | 2.99% | 3.06% | 3.31% | 3.44% | 3.47% | 3.50% | 3.57% | 3.69% |
| ▁▂▇▅▅▆██ | Return on Assets (%) | 0.19% | 0.28% | 0.52% | 0.45% | 0.42% | 0.49% | 0.62% | 0.58% |
| █▅▂▃▃▂▁▂ | Efficiency Ratio (%) | 93.8% | 90.8% | 87.5% | 88.4% | 88.0% | 86.9% | 85.8% | 86.9% |
| █▅▃▄▅▃▁▁ | Cost of Funds (%) | 1.00% | 0.88% | 0.84% | 0.85% | 0.89% | 0.83% | 0.76% | 0.75% |
| ▁▁▃▇██▆▃ | NPA / Assets (%) | 0.13% | 0.10% | 0.25% | 0.56% | 0.64% | 0.61% | 0.48% | 0.24% |
| ▁▁▃▇██▆▃ | Net Charge-Off Ratio (%) | 0.15% | 0.17% | 0.43% | 0.95% | 1.13% | 1.09% | 0.88% | 0.42% |
| ▁▁▃▄▇███ | Tang. Book Value ($M) | $53 | $53 | $55 | $55 | $57 | $58 | $59 | $59 |
| ▄▅▆█▃▅▁▃ | Gross Loans ($M) | $392 | $393 | $396 | $404 | $388 | $395 | $380 | $386 |
| ▁▁▁▂▄█▇▆ | Total Deposits ($M) | $590 | $588 | $594 | $601 | $617 | $649 | $637 | $632 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 12% |
| Agricultural | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |