Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.08 | 0.52% |
| Return on Equity (%) | ▲ | 5.30% | +0.49 | 4.81% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.10 | 3.64% |
| Efficiency Ratio (%) | ▲ | 83.14% | -1.08 | 84.22% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.76% | -0.35 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $236 | +4.83 | $231 |
| Gross Loans ($M) | ▲ | $140 | +0.56 | $140 |
| Loan Growth YoY (%) | ▼ | 72.09% | -2.39 | 74.48% |
| Total Deposits ($M) | ▲ | $193 | +7.02 | $186 |
| Shareholders Equity ($M) | ▲ | $26 | +1.03 | $25 |
| Tang. Book Value ($M) | ▲ | $25 | +1.03 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +1.55 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 72.09% | -2.39 | 74.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.30% | +0.12 | 1.17% |
| Allowance / Loans (%) | — | 0.90% | -0.05% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 1.84% | -0.10 | 1.94% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.50% | +0.91 | 19.60% |
Noninterest income ($0.37M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▂▃▆██ | Net Interest Margin (%) | 3.67% | 3.66% | 3.62% | 3.64% | 3.66% | 3.70% | 3.75% | 3.75% |
| ██▂▁▁▅█▇ | Return on Assets (%) | 0.59% | 0.60% | 0.53% | 0.52% | 0.52% | 0.56% | 0.60% | 0.59% |
| ▁▁██▇▄▅▅ | Efficiency Ratio (%) | 81.1% | 81.2% | 84.5% | 84.2% | 83.8% | 82.5% | 82.9% | 83.1% |
| ██▆▅▄▃▁▁ | Cost of Funds (%) | 2.41% | 2.39% | 2.18% | 2.11% | 2.02% | 1.96% | 1.75% | 1.76% |
| ▁██▇▇▇██ | NPA / Assets (%) | 0.06% | 1.31% | 1.40% | 1.17% | 1.13% | 1.10% | 1.41% | 1.30% |
| ▁▇█▇▇▇█▇ | Net Charge-Off Ratio (%) | 0.10% | 1.98% | 2.26% | 1.94% | 1.91% | 1.82% | 2.33% | 1.84% |
| ▁▁▃▁▅▇█▇ | Tang. Book Value ($M) | $25 | $24 | $25 | $24 | $25 | $26 | $26 | $25 |
| ██▄▂▁▁▃▂ | Gross Loans ($M) | $152 | $152 | $144 | $140 | $137 | $138 | $141 | $140 |
| ▁▁▃▄▅▃▃█ | Total Deposits ($M) | $182 | $181 | $185 | $186 | $188 | $184 | $185 | $193 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 15% |