Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.13 | 1.32% |
| Return on Equity (%) | ▲ | 16.14% | +1.45 | 14.69% |
| Net Interest Margin (%) | ▲ | 4.65% | +0.27 | 4.39% |
| Efficiency Ratio (%) | ▲ | 61.61% | -1.07 | 62.69% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.40 | $2 |
| Cost of Funds (%) | ▲ | 1.72% | -0.16 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $414 | +29.83 | $384 |
| Gross Loans ($M) | ▲ | $359 | +24.30 | $335 |
| Loan Growth YoY (%) | ▼ | 95.13% | -0.63 | 95.76% |
| Total Deposits ($M) | ▲ | $373 | +27.36 | $346 |
| Shareholders Equity ($M) | ▲ | $38 | +3.03 | $35 |
| Tang. Book Value ($M) | ▲ | $38 | +3.05 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 95.13% | -0.63 | 95.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -0.09 | 0.62% |
| Allowance / Loans (%) | — | 1.19% | 0.05% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.60% | -0.11 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.24% | +0.08 | 11.16% |
Noninterest income ($0.90M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▆▇██ | Net Interest Margin (%) | 4.16% | 4.23% | 4.29% | 4.39% | 4.48% | 4.54% | 4.60% | 4.65% |
| ▁▂▅▆▇███ | Return on Assets (%) | 1.03% | 1.11% | 1.28% | 1.32% | 1.40% | 1.45% | 1.45% | 1.45% |
| █▇▂▃▂▁▂▁ | Efficiency Ratio (%) | 67.3% | 66.2% | 62.3% | 62.7% | 62.0% | 61.1% | 62.2% | 61.6% |
| ██▃▇▆▂▁▁ | Cost of Funds (%) | 1.90% | 1.92% | 1.78% | 1.87% | 1.86% | 1.76% | 1.71% | 1.72% |
| ▁▁████▇▇ | NPA / Assets (%) | 0.00% | 0.00% | 0.60% | 0.62% | 0.62% | 0.55% | 0.54% | 0.53% |
| ▁▁████▇▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.69% | 0.72% | 0.72% | 0.66% | 0.63% | 0.60% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $32 | $33 | $34 | $34 | $35 | $36 | $37 | $38 |
| ▁▂▃▄▅▅▇█ | Gross Loans ($M) | $311 | $317 | $326 | $335 | $337 | $340 | $352 | $359 |
| ▁▁▂▄▅▇██ | Total Deposits ($M) | $331 | $327 | $338 | $346 | $350 | $363 | $368 | $373 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 11% |