Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.05 | 1.69% |
| Return on Equity (%) | ▲ | 13.05% | +0.21 | 12.84% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.02 | 4.31% |
| Efficiency Ratio (%) | ▲ | 54.95% | -0.62 | 55.56% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.16 | $3 |
| Cost of Funds (%) | ▲ | 0.97% | -0.04 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $585 | +30.77 | $554 |
| Gross Loans ($M) | ▲ | $356 | +9.72 | $346 |
| Loan Growth YoY (%) | ▼ | 69.66% | -2.00 | 71.66% |
| Total Deposits ($M) | ▲ | $502 | +26.84 | $475 |
| Shareholders Equity ($M) | ▲ | $80 | +4.56 | $76 |
| Tang. Book Value ($M) | ▲ | $75 | +4.56 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +5.03 | $78 |
| Loan / Deposit Ratio (%) | ▼ | 69.66% | -2.00 | 71.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.09 | 0.15% |
| Allowance / Loans (%) | — | 1.91% | 0.09% | 1.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.05 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.15M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇██▆█ | Net Interest Margin (%) | 3.76% | 3.85% | 4.13% | 4.31% | 4.39% | 4.36% | 4.21% | 4.33% |
| ▁▂▄▆██▆▇ | Return on Assets (%) | 1.37% | 1.46% | 1.57% | 1.69% | 1.83% | 1.82% | 1.67% | 1.74% |
| █▅▅▃▂▁▃▃ | Efficiency Ratio (%) | 59.7% | 57.1% | 57.2% | 55.6% | 54.2% | 53.3% | 55.4% | 54.9% |
| ▃▁▄▄▅▅█▁ | Cost of Funds (%) | 1.00% | 0.97% | 1.01% | 1.02% | 1.03% | 1.03% | 1.07% | 0.97% |
| ▂▆▅█▂▁▂▁ | NPA / Assets (%) | 0.07% | 0.11% | 0.10% | 0.15% | 0.06% | 0.04% | 0.06% | 0.05% |
| ▄█▇▃▃▁▁▁ | Net Charge-Off Ratio (%) | 0.12% | 0.19% | 0.17% | 0.10% | 0.09% | 0.06% | 0.07% | 0.05% |
| ▂▁▃▅▇▅▇█ | Tang. Book Value ($M) | $67 | $65 | $68 | $71 | $73 | $71 | $73 | $75 |
| ▁▂▄▇▇▅▇█ | Gross Loans ($M) | $298 | $308 | $322 | $346 | $348 | $334 | $347 | $356 |
| ▁▅▃▃▃██▇ | Total Deposits ($M) | $456 | $484 | $475 | $475 | $471 | $509 | $505 | $502 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 7% |