Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.89% | +0.91 | 1.98% |
| Return on Equity (%) | ▲ | 29.89% | +10.74 | 19.15% |
| Net Interest Margin (%) | ▲ | 5.14% | +0.68 | 4.46% |
| Efficiency Ratio (%) | ▲ | 46.29% | -5.97 | 52.26% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.67 | $1 |
| Cost of Funds (%) | ▲ | 1.93% | -0.29 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $217 | +49.01 | $168 |
| Gross Loans ($M) | ▲ | $190 | +47.69 | $142 |
| Loan Growth YoY (%) | ▼ | 96.34% | -0.02 | 96.35% |
| Total Deposits ($M) | ▲ | $195 | +49.45 | $146 |
| Shareholders Equity ($M) | ▲ | $21 | +2.51 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +2.51 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 96.34% | -0.02 | 96.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.27 | 0.60% |
| Allowance / Loans (%) | — | 0.84% | -0.24% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.70 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.44M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▆██ | Net Interest Margin (%) | 3.60% | 3.79% | 4.33% | 4.46% | 4.62% | 4.66% | 5.00% | 5.14% |
| ▁▁▂▃▃▄▆█ | Return on Assets (%) | 1.65% | 1.60% | 1.84% | 1.98% | 2.08% | 2.14% | 2.47% | 2.89% |
| ██▅▄▃▅▁▁ | Efficiency Ratio (%) | 59.2% | 59.7% | 53.5% | 52.3% | 50.9% | 53.3% | 47.2% | 46.3% |
| █▅▅▃▂▁▁▁ | Cost of Funds (%) | 2.74% | 2.42% | 2.37% | 2.22% | 2.06% | 1.95% | 1.95% | 1.93% |
| ▁███▆▅▅▅ | NPA / Assets (%) | 0.00% | 0.55% | 0.61% | 0.60% | 0.38% | 0.35% | 0.36% | 0.33% |
| ▁███▆▅▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.70% | 0.74% | 0.70% | 0.47% | 0.44% | 0.00% | 0.00% |
| ▂▁▂▃▄▅▇█ | Tang. Book Value ($M) | $18 | $17 | $18 | $18 | $19 | $19 | $20 | $21 |
| ▁▂▁▂▃▄▆█ | Gross Loans ($M) | $133 | $143 | $135 | $142 | $150 | $160 | $171 | $190 |
| ▁▃▁▁▄▆▆█ | Total Deposits ($M) | $149 | $163 | $146 | $146 | $165 | $181 | $177 | $195 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 10% |
| Agricultural | 31% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 20% |