Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | — | 1.14% | 0.00 | 1.14% |
| Return on Equity (%) | ▼ | 10.23% | -1.10 | 11.33% |
| Net Interest Margin (%) | ▼ | 3.81% | -0.01 | 3.82% |
| Efficiency Ratio (%) | ▼ | 64.50% | +0.31 | 64.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.27% | -0.14 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $174 | +7.01 | $167 |
| Gross Loans ($M) | ▼ | $90 | -3.00 | $93 |
| Loan Growth YoY (%) | ▼ | 58.25% | -3.87 | 62.12% |
| Total Deposits ($M) | ▲ | $152 | +4.83 | $147 |
| Shareholders Equity ($M) | ▲ | $20 | +2.16 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.16 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.61 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 58.25% | -3.87 | 62.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.19 | 0.21% |
| Allowance / Loans (%) | — | 1.53% | -0.07% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.34 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.63% | +1.94 | 18.69% |
Noninterest income ($0.28M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆███▅█ | Net Interest Margin (%) | 3.58% | 3.63% | 3.76% | 3.82% | 3.84% | 3.84% | 3.73% | 3.81% |
| ▁▂▄███▂█ | Return on Assets (%) | 1.05% | 1.07% | 1.09% | 1.14% | 1.15% | 1.15% | 1.08% | 1.14% |
| █▆▅▁▁▁▅▂ | Efficiency Ratio (%) | 66.2% | 65.6% | 65.2% | 64.2% | 64.3% | 64.4% | 65.4% | 64.5% |
| █▄▃▄▅▃▁▁ | Cost of Funds (%) | 1.57% | 1.40% | 1.35% | 1.41% | 1.42% | 1.37% | 1.30% | 1.27% |
| █▆▅▄▁▂▁▁ | NPA / Assets (%) | 0.41% | 0.28% | 0.22% | 0.21% | 0.06% | 0.09% | 0.05% | 0.02% |
| █▆▄▄▁▂▁▁ | Net Charge-Off Ratio (%) | 0.76% | 0.51% | 0.40% | 0.38% | 0.11% | 0.16% | 0.09% | 0.04% |
| ▂▁▂▄▆█▇█ | Tang. Book Value ($M) | $16 | $16 | $17 | $18 | $19 | $20 | $19 | $20 |
| ▁▄▆█▅█▁▄ | Gross Loans ($M) | $88 | $90 | $91 | $93 | $91 | $93 | $88 | $90 |
| ▁▄▂▂▅▆█▆ | Total Deposits ($M) | $144 | $150 | $147 | $147 | $152 | $153 | $157 | $152 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 15% |
| Agricultural | 3% |
| Consumer | 24% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 20% |