Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.62% | +0.20 | 1.42% |
| Return on Equity (%) | ▼ | 11.48% | -0.23 | 11.71% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.18 | 3.54% |
| Efficiency Ratio (%) | ▲ | 64.45% | -1.33 | 65.78% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 0.20% | -0.09 | 0.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $165 | +3.59 | $162 |
| Gross Loans ($M) | ▲ | $22 | +1.49 | $20 |
| Loan Growth YoY (%) | ▲ | 14.97% | +1.20 | 13.77% |
| Total Deposits ($M) | ▼ | $141 | -0.90 | $142 |
| Shareholders Equity ($M) | ▲ | $24 | +4.50 | $20 |
| Tang. Book Value ($M) | ▲ | $24 | +4.50 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +5.26 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 14.97% | +1.20 | 13.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 2.70% | -0.58% | 3.28% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.22 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -28.48 | 28.48% |
Noninterest income ($0.36M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▂▄▅▆█ | Net Interest Margin (%) | 3.61% | 3.60% | 3.50% | 3.54% | 3.60% | 3.63% | 3.67% | 3.72% |
| █▇▁▂▃▄▅▅ | Return on Assets (%) | 1.80% | 1.72% | 1.33% | 1.42% | 1.46% | 1.56% | 1.59% | 1.62% |
| ▁▂█▇▆▄▃▅ | Efficiency Ratio (%) | 59.9% | 60.9% | 67.6% | 65.8% | 65.2% | 63.1% | 62.2% | 64.5% |
| ▆█▇▇▇▄▂▁ | Cost of Funds (%) | 0.28% | 0.32% | 0.29% | 0.29% | 0.30% | 0.26% | 0.22% | 0.20% |
| ▁▁▁█▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▂▆▇▇█ | Tang. Book Value ($M) | $20 | $18 | $19 | $20 | $22 | $23 | $23 | $24 |
| █▄▂▁▂▄▅▅ | Gross Loans ($M) | $23 | $21 | $21 | $20 | $21 | $21 | $21 | $22 |
| ▁▂▁▅▄█▆▄ | Total Deposits ($M) | $136 | $138 | $137 | $142 | $140 | $146 | $143 | $141 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 49% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 4% |