Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.35 | 0.86% |
| Return on Equity (%) | ▼ | 17.69% | -0.54 | 18.23% |
| Net Interest Margin (%) | ▲ | 2.52% | +0.35 | 2.17% |
| Efficiency Ratio (%) | ▲ | 65.49% | -7.28 | 72.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.26% | -0.17 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $224 | +10.57 | $214 |
| Gross Loans ($M) | ▲ | $63 | +0.90 | $62 |
| Loan Growth YoY (%) | ▼ | 30.21% | -0.70 | 30.92% |
| Total Deposits ($M) | ▲ | $207 | +7.50 | $199 |
| Shareholders Equity ($M) | ▲ | $16 | +3.21 | $13 |
| Tang. Book Value ($M) | ▲ | $16 | +3.21 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +3.44 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 30.21% | -0.70 | 30.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.08 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | 0.04% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.28 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 32.91% | +0.63 | 32.27% |
Noninterest income ($0.70M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 1.88% | 1.93% | 2.15% | 2.17% | 2.20% | 2.25% | 2.47% | 2.52% |
| ▁▂▃▄▅▅▇█ | Return on Assets (%) | 0.56% | 0.65% | 0.77% | 0.86% | 0.89% | 0.97% | 1.09% | 1.21% |
| █▇▆▅▄▃▂▁ | Efficiency Ratio (%) | 78.4% | 76.1% | 74.9% | 72.8% | 72.0% | 69.9% | 67.9% | 65.5% |
| ███▅▄▁▃▁ | Cost of Funds (%) | 1.56% | 1.53% | 1.55% | 1.43% | 1.39% | 1.29% | 1.34% | 1.26% |
| ▂▁▁▁▁▁▁█ | NPA / Assets (%) | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.08% |
| ▂▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.00% | 0.00% | 0.00% | 0.03% | 0.02% | 0.28% |
| ▅▁▃▅▇███ | Tang. Book Value ($M) | $12 | $7 | $11 | $13 | $14 | $16 | $15 | $16 |
| ▃▁▁▃██▇▅ | Gross Loans ($M) | $62 | $61 | $60 | $62 | $65 | $66 | $64 | $63 |
| ▄▆▂▁▁█▅▅ | Total Deposits ($M) | $205 | $210 | $202 | $199 | $197 | $216 | $209 | $207 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 22% |
| Agricultural | 5% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 8% |