Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.28 | 0.60% |
| Return on Equity (%) | ▲ | 11.05% | +2.22 | 8.83% |
| Net Interest Margin (%) | ▲ | 2.60% | +0.25 | 2.35% |
| Efficiency Ratio (%) | ▲ | 59.44% | -9.91 | 69.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 1.74% | -0.24 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $157 | -0.86 | $158 |
| Gross Loans ($M) | ▲ | $79 | +4.98 | $74 |
| Loan Growth YoY (%) | ▲ | 54.81% | +2.34 | 52.47% |
| Total Deposits ($M) | ▲ | $143 | +2.84 | $140 |
| Shareholders Equity ($M) | ▲ | $13 | +1.23 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.23 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +0.95 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 54.81% | +2.34 | 52.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.24% | +1.24 | 0.00% |
| Allowance / Loans (%) | — | 1.40% | 0.09% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 2.45% | +2.45 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.53% | +0.86 | 12.67% |
Noninterest income ($0.22M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▅▆▇█ | Net Interest Margin (%) | 1.93% | 2.01% | 2.21% | 2.35% | 2.30% | 2.36% | 2.51% | 2.60% |
| ▁▁▃▄▄▅█▇ | Return on Assets (%) | 0.30% | 0.38% | 0.53% | 0.60% | 0.62% | 0.65% | 0.96% | 0.88% |
| ██▆▅▄▄▁▁ | Efficiency Ratio (%) | 79.0% | 76.6% | 72.0% | 69.3% | 68.2% | 67.5% | 61.2% | 59.4% |
| ▇█▃▆▄▅▁▃ | Cost of Funds (%) | 2.06% | 2.22% | 1.77% | 1.97% | 1.80% | 1.89% | 1.53% | 1.74% |
| ▁▁▁▁▁▁▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.84% | 1.24% |
| ▁▁▁▁▁▁▇█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.92% | 2.45% |
| ▄▁▃▅▇███ | Tang. Book Value ($M) | $11 | $10 | $11 | $12 | $13 | $13 | $13 | $13 |
| ▁▂▂▃▅▆▅█ | Gross Loans ($M) | $72 | $73 | $74 | $74 | $76 | $77 | $76 | $79 |
| █▂█▁█▁▇▁ | Total Deposits ($M) | $165 | $145 | $163 | $140 | $163 | $142 | $160 | $143 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 15% |
| Agricultural | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 12% |