Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.48 | 0.98% |
| Return on Equity (%) | ▲ | 17.91% | +1.82 | 16.09% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.38 | 3.54% |
| Efficiency Ratio (%) | ▲ | 67.43% | -4.56 | 71.99% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.26 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $283 | -14.60 | $298 |
| Gross Loans ($M) | ▼ | $145 | -3.50 | $149 |
| Loan Growth YoY (%) | ▼ | 55.86% | -1.19 | 57.05% |
| Total Deposits ($M) | ▼ | $256 | -0.81 | $257 |
| Shareholders Equity ($M) | ▲ | $24 | +4.31 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.31 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +4.10 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 55.86% | -1.19 | 57.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.05% |
| Allowance / Loans (%) | — | 1.58% | 0.05% | 1.53% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.08 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.02% | +0.19 | 19.83% |
Noninterest income ($0.62M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 3.05% | 3.11% | 3.45% | 3.54% | 3.55% | 3.62% | 3.83% | 3.93% |
| ▁▃▂▄▅▆██ | Return on Assets (%) | 0.61% | 0.85% | 0.72% | 0.98% | 1.04% | 1.19% | 1.41% | 1.46% |
| █▅▅▄▃▁▁▁ | Efficiency Ratio (%) | 79.3% | 73.5% | 74.7% | 72.0% | 71.1% | 68.2% | 67.9% | 67.4% |
| ▇█▆▄▄▃▂▁ | Cost of Funds (%) | 1.83% | 1.90% | 1.68% | 1.57% | 1.55% | 1.50% | 1.43% | 1.32% |
| █▃▁▇▁▁▁▁ | NPA / Assets (%) | 0.05% | 0.02% | 0.01% | 0.05% | 0.00% | 0.01% | 0.00% | 0.00% |
| ▃▄▂█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.02% | 0.09% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▅▁▃▄████ | Tang. Book Value ($M) | $20 | $16 | $19 | $19 | $24 | $23 | $24 | $23 |
| ▄██▇▁▆█▃ | Gross Loans ($M) | $146 | $150 | $150 | $149 | $143 | $147 | $150 | $145 |
| ▁▇▆▁▃█▆▁ | Total Deposits ($M) | $257 | $268 | $267 | $257 | $260 | $271 | $265 | $256 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 10% |
| Agricultural | 8% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 12% |