Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.01 | 1.52% |
| Return on Equity (%) | ▲ | 14.42% | +0.74 | 13.68% |
| Net Interest Margin (%) | ▼ | 4.55% | -0.31 | 4.86% |
| Efficiency Ratio (%) | ▼ | 67.02% | +3.55 | 63.46% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $2 |
| Cost of Funds (%) | ▼ | 1.54% | +0.05 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $457 | +24.16 | $433 |
| Gross Loans ($M) | ▼ | $313 | -4.41 | $317 |
| Loan Growth YoY (%) | ▼ | 84.13% | -8.15 | 92.29% |
| Total Deposits ($M) | ▲ | $367 | +27.81 | $339 |
| Shareholders Equity ($M) | ▲ | $49 | +1.44 | $47 |
| Tang. Book Value ($M) | ▲ | $47 | +0.39 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +0.44 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 84.13% | -8.15 | 92.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.91% | +0.59 | 0.32% |
| Allowance / Loans (%) | — | 1.29% | -0.02% | 1.31% |
| Net Charge-Off Ratio (%) | ▼ | 1.05% | +0.61 | 0.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.46% | -0.33 | 14.80% |
Noninterest income ($1.31M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅███▇▁▄ | Net Interest Margin (%) | 4.63% | 4.66% | 4.84% | 4.86% | 4.83% | 4.79% | 4.35% | 4.55% |
| ▆▆█▅▇▆▁▅ | Return on Assets (%) | 1.61% | 1.59% | 1.75% | 1.52% | 1.64% | 1.60% | 1.24% | 1.53% |
| ▄▄▁▁▂▃█▅ | Efficiency Ratio (%) | 65.9% | 66.0% | 62.9% | 63.5% | 63.9% | 65.5% | 70.9% | 67.0% |
| ▃█▁▂▅▇▇▃ | Cost of Funds (%) | 1.52% | 1.70% | 1.46% | 1.50% | 1.61% | 1.64% | 1.65% | 1.54% |
| ▁▁▁▂▇▆██ | NPA / Assets (%) | 0.19% | 0.22% | 0.27% | 0.32% | 0.85% | 0.71% | 0.95% | 0.91% |
| ▁▁▁▂▇▆█▆ | Net Charge-Off Ratio (%) | 0.27% | 0.31% | 0.35% | 0.44% | 1.14% | 0.98% | 1.34% | 1.05% |
| ▄▁▃▄██▁▅ | Tang. Book Value ($M) | $47 | $45 | $46 | $47 | $49 | $49 | $46 | $47 |
| ▁▁▇▇█▇▆▅ | Gross Loans ($M) | $294 | $296 | $319 | $317 | $325 | $319 | $316 | $313 |
| ▁▂▁▄▆▇██ | Total Deposits ($M) | $323 | $327 | $318 | $339 | $354 | $360 | $365 | $367 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 20% |
| Agricultural | 4% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |