Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.11 | 1.19% |
| Return on Equity (%) | ▲ | 15.14% | +1.11 | 14.03% |
| Net Interest Margin (%) | ▲ | 4.08% | +0.22 | 3.86% |
| Efficiency Ratio (%) | ▼ | 92.37% | +0.64 | 91.73% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.30 | $1 |
| Cost of Funds (%) | ▲ | 2.03% | -0.06 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $331 | +19.92 | $311 |
| Gross Loans ($M) | ▲ | $304 | +18.73 | $285 |
| Loan Growth YoY (%) | ▼ | 103.09% | -7.19 | 110.28% |
| Total Deposits ($M) | ▲ | $291 | +35.65 | $255 |
| Shareholders Equity ($M) | ▲ | $30 | +3.73 | $26 |
| Tang. Book Value ($M) | ▲ | $30 | +3.48 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 103.09% | -7.19 | 110.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.25% | +1.11 | 0.13% |
| Allowance / Loans (%) | — | 1.22% | 0.04% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 1.36% | +1.25 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.00 | 11.00% |
Noninterest income ($16.50M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅▃█ | Net Interest Margin (%) | 3.83% | 3.83% | 3.82% | 3.86% | 3.93% | 3.98% | 3.92% | 4.08% |
| ▂▁▁▂▄█▁▄ | Return on Assets (%) | 1.20% | 1.17% | 1.14% | 1.19% | 1.31% | 1.54% | 1.19% | 1.30% |
| ▁▂▆▆▆▆█▇ | Efficiency Ratio (%) | 87.7% | 88.7% | 91.6% | 91.7% | 91.8% | 91.2% | 93.3% | 92.4% |
| █▇▃▃▅▁▁▂ | Cost of Funds (%) | 2.51% | 2.37% | 2.10% | 2.09% | 2.21% | 1.94% | 1.88% | 2.03% |
| ▁▂▁▁▂▃█▇ | NPA / Assets (%) | 0.25% | 0.36% | 0.24% | 0.13% | 0.44% | 0.53% | 1.43% | 1.25% |
| ▁▁▁▁▂▃██ | Net Charge-Off Ratio (%) | 0.14% | 0.24% | 0.23% | 0.11% | 0.45% | 0.53% | 1.51% | 1.36% |
| ▁▁▁▂▄▇██ | Tang. Book Value ($M) | $25 | $26 | $25 | $26 | $27 | $29 | $30 | $30 |
| ▂▁▂▃▂▇█▅ | Gross Loans ($M) | $281 | $266 | $274 | $285 | $279 | $315 | $328 | $304 |
| ▁▁▁▂▂▂▇█ | Total Deposits ($M) | $246 | $251 | $248 | $255 | $255 | $257 | $280 | $291 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 15% |
| Agricultural | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 42% |
| Brokered / Other | 32% |