Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.50 | 0.59% |
| Return on Equity (%) | ▼ | 27.66% | -5.60 | 33.26% |
| Net Interest Margin (%) | ▲ | 2.91% | +0.39 | 2.51% |
| Efficiency Ratio (%) | ▲ | 64.02% | -13.97 | 77.99% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 1.35% | -0.15 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $134 | +8.17 | $126 |
| Gross Loans ($M) | ▲ | $50 | +7.14 | $43 |
| Loan Growth YoY (%) | ▲ | 38.47% | +4.06 | 34.41% |
| Total Deposits ($M) | ▲ | $128 | +5.45 | $123 |
| Shareholders Equity ($M) | ▲ | $5 | +2.68 | $3 |
| Tang. Book Value ($M) | ▲ | $5 | +2.73 | $2 |
| TBV excl. AOCI ($M)** | ▲ | $8 | +2.64 | $5 |
| Loan / Deposit Ratio (%) | ▲ | 38.47% | +4.06 | 34.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.01 | 0.10% |
| Allowance / Loans (%) | — | 1.21% | -0.06% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.29% | +0.01 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 2.42% | 2.44% | 2.41% | 2.51% | 2.59% | 2.65% | 2.81% | 2.91% |
| ▂▁▁▃▄▅██ | Return on Assets (%) | 0.49% | 0.41% | 0.46% | 0.59% | 0.67% | 0.79% | 1.09% | 1.09% |
| ▇██▆▅▄▁▁ | Efficiency Ratio (%) | 80.5% | 83.8% | 81.5% | 78.0% | 74.9% | 71.8% | 64.4% | 64.0% |
| ██▃█▇▄▁▂ | Cost of Funds (%) | 1.51% | 1.52% | 1.37% | 1.51% | 1.48% | 1.38% | 1.30% | 1.35% |
| ▅▅▁▁█▄▃▃ | NPA / Assets (%) | 0.12% | 0.12% | 0.10% | 0.10% | 0.14% | 0.12% | 0.11% | 0.11% |
| ▇▅▃▁█▅▃▁ | Net Charge-Off Ratio (%) | 0.39% | 0.36% | 0.33% | 0.28% | 0.43% | 0.36% | 0.32% | 0.29% |
| ▆▁▃▃▇███ | Tang. Book Value ($M) | $4 | $1 | $2 | $2 | $4 | $5 | $5 | $5 |
| ▁▁▁▄▄▅▇█ | Gross Loans ($M) | $37 | $38 | $38 | $43 | $43 | $45 | $48 | $50 |
| ▁▁▅▅▇██▇ | Total Deposits ($M) | $113 | $114 | $124 | $123 | $127 | $131 | $131 | $128 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 10% |
| Agricultural | 10% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 44% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 5% |