Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.00 | 1.23% |
| Return on Equity (%) | ▼ | 15.07% | -1.50 | 16.57% |
| Net Interest Margin (%) | ▼ | 3.10% | -0.07 | 3.17% |
| Efficiency Ratio (%) | ▲ | 63.86% | -1.67 | 65.53% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.43% | -0.21 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $168 | +23.32 | $144 |
| Gross Loans ($M) | ▼ | $78 | -3.83 | $81 |
| Loan Growth YoY (%) | ▼ | 49.76% | -10.76 | 60.52% |
| Total Deposits ($M) | ▲ | $153 | +20.95 | $132 |
| Shareholders Equity ($M) | ▲ | $14 | +2.27 | $11 |
| Tang. Book Value ($M) | ▲ | $14 | +2.27 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +2.21 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 49.76% | -10.76 | 60.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Allowance / Loans (%) | — | 1.64% | 0.06% | 1.58% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.57% | +1.53 | 18.04% |
Noninterest income ($0.21M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆███▆▅ | Net Interest Margin (%) | 2.98% | 2.97% | 3.11% | 3.17% | 3.19% | 3.16% | 3.13% | 3.10% |
| ▁▁▇▇███▇ | Return on Assets (%) | 1.07% | 1.08% | 1.22% | 1.23% | 1.24% | 1.25% | 1.26% | 1.23% |
| ██▄▅▄▃▁▂ | Efficiency Ratio (%) | 67.4% | 67.2% | 64.7% | 65.5% | 64.9% | 64.6% | 63.0% | 63.9% |
| ▇▄█▅▄▄▄▁ | Cost of Funds (%) | 1.71% | 1.57% | 1.77% | 1.64% | 1.58% | 1.60% | 1.56% | 1.43% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.04% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▂▆▇██ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $13 | $13 | $13 | $14 |
| ▃▇█▆▄▄▅▁ | Gross Loans ($M) | $79 | $82 | $83 | $81 | $80 | $80 | $81 | $78 |
| ▁▆▂▁▃▇▆█ | Total Deposits ($M) | $131 | $146 | $135 | $132 | $139 | $150 | $147 | $153 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 26% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |