Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.38% | +0.11 | 0.27% |
| Return on Equity (%) | ▼ | 5.30% | -0.21 | 5.51% |
| Net Interest Margin (%) | ▲ | 3.08% | +0.53 | 2.55% |
| Efficiency Ratio (%) | ▲ | 88.98% | -4.35 | 93.33% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 0.84% | -0.15 | 1.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $139 | +0.97 | $138 |
| Gross Loans ($M) | ▲ | $43 | +6.65 | $36 |
| Loan Growth YoY (%) | ▲ | 33.10% | +5.58 | 27.52% |
| Total Deposits ($M) | ▼ | $128 | -1.81 | $130 |
| Shareholders Equity ($M) | ▲ | $10 | +2.82 | $7 |
| Tang. Book Value ($M) | ▲ | $10 | +2.82 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +2.68 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 33.10% | +5.58 | 27.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.40% | -0.25% | 1.65% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 25.05% | -2.36 | 27.40% |
Noninterest income ($0.24M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆▇█ | Net Interest Margin (%) | 2.02% | 2.08% | 2.47% | 2.55% | 2.63% | 2.71% | 2.94% | 3.08% |
| ▁▁▃▄██▅▆ | Return on Assets (%) | 0.06% | 0.07% | 0.20% | 0.27% | 0.53% | 0.56% | 0.35% | 0.38% |
| ███▆▁▁▄▄ | Efficiency Ratio (%) | 97.7% | 97.1% | 98.2% | 93.3% | 83.1% | 82.6% | 89.5% | 89.0% |
| █▇▅▂▂▁▁▁ | Cost of Funds (%) | 1.62% | 1.49% | 1.23% | 1.00% | 0.95% | 0.87% | 0.87% | 0.84% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▅▁▃▃██▇█ | Tang. Book Value ($M) | $8 | $5 | $7 | $7 | $9 | $10 | $9 | $10 |
| ▄▃▁▂▂▂▃█ | Gross Loans ($M) | $38 | $38 | $35 | $36 | $36 | $37 | $37 | $43 |
| ▁▂█▆▅▄▇▄ | Total Deposits ($M) | $125 | $127 | $132 | $130 | $129 | $129 | $131 | $128 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 18% |
| Agricultural | 6% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 7% |