Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.95% | +1.08 | 0.88% |
| Return on Equity (%) | ▲ | 12.56% | +7.05 | 5.51% |
| Net Interest Margin (%) | ▲ | 4.70% | +0.48 | 4.22% |
| Efficiency Ratio (%) | ▲ | 49.59% | -14.09 | 63.68% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.33 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.08 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $249 | -12.63 | $261 |
| Gross Loans ($M) | ▲ | $192 | +28.43 | $163 |
| Loan Growth YoY (%) | ▲ | 93.00% | +21.38 | 71.62% |
| Total Deposits ($M) | ▼ | $203 | -21.16 | $224 |
| Shareholders Equity ($M) | ▲ | $39 | +3.39 | $36 |
| Tang. Book Value ($M) | ▲ | $32 | +4.15 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.73 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 93.00% | +21.38 | 71.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.09 | 0.20% |
| Allowance / Loans (%) | — | 1.49% | -0.17% | 1.66% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.17 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.16M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▃▄▅▆█ | Net Interest Margin (%) | 4.13% | 4.08% | 3.93% | 4.22% | 4.28% | 4.32% | 4.50% | 4.70% |
| ▂▂▁▁▁▂▃█ | Return on Assets (%) | 1.10% | 1.08% | 0.99% | 0.88% | 0.96% | 1.02% | 1.26% | 1.95% |
| ▁▁▇██▇▅▁ | Efficiency Ratio (%) | 49.7% | 51.2% | 61.7% | 63.7% | 62.7% | 61.5% | 58.0% | 49.6% |
| ▆█▆▂▄▃▁▁ | Cost of Funds (%) | 2.07% | 2.23% | 2.09% | 1.82% | 1.94% | 1.90% | 1.74% | 1.74% |
| ▁▁▁▂█▁▁▁ | NPA / Assets (%) | 0.10% | 0.10% | 0.10% | 0.20% | 0.56% | 0.08% | 0.14% | 0.11% |
| ▁▁▁▃█▁▁▁ | Net Charge-Off Ratio (%) | 0.14% | 0.16% | 0.15% | 0.31% | 0.82% | 0.12% | 0.19% | 0.14% |
| ▃▄▅▁▂▄▅█ | Tang. Book Value ($M) | $30 | $30 | $31 | $28 | $29 | $30 | $30 | $32 |
| ▁▁▂▅▆▅▇█ | Gross Loans ($M) | $133 | $130 | $138 | $163 | $171 | $164 | $180 | $192 |
| ▁▁▁█▇▆▇▆ | Total Deposits ($M) | $160 | $165 | $162 | $224 | $213 | $203 | $209 | $203 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 36% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 17% |