Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.40% | +0.35 | 2.05% |
| Return on Equity (%) | ▲ | 19.17% | +1.49 | 17.68% |
| Net Interest Margin (%) | ▲ | 5.11% | +0.30 | 4.81% |
| Efficiency Ratio (%) | ▲ | 55.74% | -3.16 | 58.90% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.26 | $3 |
| Cost of Funds (%) | ▲ | 0.93% | -0.17 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $466 | -12.52 | $479 |
| Gross Loans ($M) | ▲ | $298 | +3.73 | $294 |
| Loan Growth YoY (%) | ▲ | 73.20% | +3.89 | 69.31% |
| Total Deposits ($M) | ▼ | $401 | -17.07 | $418 |
| Shareholders Equity ($M) | ▲ | $60 | +3.95 | $56 |
| Tang. Book Value ($M) | ▲ | $60 | +3.95 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +4.78 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 73.20% | +3.89 | 69.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.17 | 0.43% |
| Allowance / Loans (%) | — | 1.27% | -0.03% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.31 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.98% | +0.83 | 21.14% |
Noninterest income ($1.10M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▃▄▆▆█ | Net Interest Margin (%) | 4.77% | 4.81% | 4.70% | 4.81% | 4.87% | 4.96% | 5.00% | 5.11% |
| ▄▁▁▃▅▃▇█ | Return on Assets (%) | 2.10% | 1.85% | 1.87% | 2.05% | 2.14% | 2.04% | 2.33% | 2.40% |
| ▅█▇▄▃▇▂▁ | Efficiency Ratio (%) | 59.4% | 62.3% | 60.9% | 58.9% | 58.1% | 61.1% | 56.6% | 55.7% |
| ██▆▅▄▃▁▁ | Cost of Funds (%) | 1.26% | 1.28% | 1.17% | 1.10% | 1.07% | 1.04% | 0.91% | 0.93% |
| █▃▂▃▂▃▁▁ | NPA / Assets (%) | 0.73% | 0.38% | 0.36% | 0.43% | 0.32% | 0.42% | 0.26% | 0.26% |
| █▃▄▇▃▆▁▁ | Net Charge-Off Ratio (%) | 0.70% | 0.45% | 0.49% | 0.64% | 0.46% | 0.60% | 0.35% | 0.33% |
| ▂▂▁▃██▆█ | Tang. Book Value ($M) | $55 | $55 | $54 | $56 | $60 | $60 | $58 | $60 |
| ▇██▁▅▆▄▄ | Gross Loans ($M) | $301 | $304 | $303 | $294 | $299 | $300 | $299 | $298 |
| ▆▃▆▇▆▂█▁ | Total Deposits ($M) | $417 | $409 | $416 | $418 | $417 | $405 | $423 | $401 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |