Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.38% | +0.20 | 0.18% |
| Return on Equity (%) | ▲ | 3.99% | +1.91 | 2.08% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.10 | 3.86% |
| Efficiency Ratio (%) | ▲ | 80.79% | -7.87 | 88.66% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.44 | $2 |
| Cost of Funds (%) | ▲ | 2.76% | -0.20 | 2.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,061 | -39.36 | $1,100 |
| Gross Loans ($M) | ▼ | $715 | -77.82 | $793 |
| Loan Growth YoY (%) | ▼ | 77.71% | -4.37 | 82.08% |
| Total Deposits ($M) | ▼ | $907 | -42.84 | $949 |
| Shareholders Equity ($M) | ▲ | $103 | +2.43 | $101 |
| Tang. Book Value ($M) | ▲ | $103 | +2.53 | $100 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +2.20 | $110 |
| Loan / Deposit Ratio (%) | ▼ | 77.71% | -4.37 | 82.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.12 | 0.41% |
| Allowance / Loans (%) | — | 1.44% | -0.25% | 1.69% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.21 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.40% | +1.08 | 12.32% |
Noninterest income ($3.02M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▅▇███ | Net Interest Margin (%) | 3.94% | 3.89% | 3.73% | 3.86% | 3.92% | 3.94% | 3.95% | 3.96% |
| ▄▂█▅▅▂▁█ | Return on Assets (%) | 0.12% | 0.04% | 0.34% | 0.18% | 0.22% | 0.05% | -0.03% | 0.38% |
| ▁▂█▇▆▇▅▁ | Efficiency Ratio (%) | 80.2% | 82.3% | 91.1% | 88.7% | 87.2% | 88.5% | 85.8% | 80.8% |
| ██▆▃▃▃▁▁ | Cost of Funds (%) | 3.31% | 3.34% | 3.17% | 2.96% | 2.97% | 2.95% | 2.83% | 2.76% |
| ▁▂▁▄▄▇▇█ | NPA / Assets (%) | 0.33% | 0.35% | 0.32% | 0.41% | 0.41% | 0.49% | 0.48% | 0.53% |
| ▂▂▁▃▃▆▆█ | Net Charge-Off Ratio (%) | 0.50% | 0.52% | 0.45% | 0.57% | 0.57% | 0.69% | 0.69% | 0.79% |
| ▇▁▆▄█▇▅█ | Tang. Book Value ($M) | $103 | $98 | $102 | $100 | $104 | $103 | $102 | $103 |
| ▇█▇▇▅▆▃▁ | Gross Loans ($M) | $801 | $815 | $800 | $793 | $776 | $780 | $751 | $715 |
| ██▄▃▂▂▂▁ | Total Deposits ($M) | $1,054 | $1,039 | $965 | $949 | $943 | $939 | $931 | $907 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 32% |
| C&I / Commercial | 11% |
| Agricultural | 5% |
| Consumer | 52% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 18% |