Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.66% | +0.16 | 1.50% |
| Return on Equity (%) | ▲ | 14.63% | +1.50 | 13.13% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.11 | 4.02% |
| Efficiency Ratio (%) | ▲ | 53.12% | -1.81 | 54.93% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.12 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $297 | +14.77 | $283 |
| Gross Loans ($M) | ▲ | $175 | +20.08 | $155 |
| Loan Growth YoY (%) | ▲ | 65.80% | +4.84 | 60.96% |
| Total Deposits ($M) | ▲ | $260 | +12.27 | $248 |
| Shareholders Equity ($M) | ▲ | $35 | +2.46 | $33 |
| Tang. Book Value ($M) | ▲ | $34 | +2.46 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.69 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 65.80% | +4.84 | 60.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.39% | -0.03 | 0.42% |
| Allowance / Loans (%) | — | 2.13% | -0.26% | 2.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.64% | -0.13 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.52M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▁▄██▃█ | Net Interest Margin (%) | 4.10% | 4.05% | 3.92% | 4.02% | 4.13% | 4.12% | 3.99% | 4.13% |
| █▆▁▁▄▂▇▇ | Return on Assets (%) | 1.71% | 1.64% | 1.49% | 1.50% | 1.58% | 1.54% | 1.68% | 1.66% |
| ▁▅██▆█▇▅ | Efficiency Ratio (%) | 49.2% | 53.0% | 55.2% | 54.9% | 53.8% | 55.5% | 54.2% | 53.1% |
| ██▅▄▄▁▁▁ | Cost of Funds (%) | 1.72% | 1.69% | 1.59% | 1.52% | 1.54% | 1.42% | 1.42% | 1.40% |
| ▁█▇▅▄▆▅▃ | NPA / Assets (%) | 0.36% | 0.47% | 0.44% | 0.42% | 0.41% | 0.43% | 0.42% | 0.39% |
| ▁█▆▅▃▆▄▁ | Net Charge-Off Ratio (%) | 0.65% | 0.86% | 0.80% | 0.77% | 0.72% | 0.80% | 0.74% | 0.64% |
| ▁▁▁▃▆▄▆█ | Tang. Book Value ($M) | $30 | $30 | $30 | $31 | $32 | $32 | $32 | $34 |
| ▁▂▃▃▄▅██ | Gross Loans ($M) | $147 | $151 | $155 | $155 | $160 | $163 | $174 | $175 |
| ▁▄▄▄▄██▇ | Total Deposits ($M) | $232 | $247 | $246 | $248 | $247 | $267 | $269 | $260 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 20% |