Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +1.51 | -0.38% |
| Return on Equity (%) | ▲ | 17.74% | +24.91 | -7.17% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.66 | 2.63% |
| Efficiency Ratio (%) | ▲ | 63.54% | -18.14 | 81.68% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.76 | $1 |
| Cost of Funds (%) | ▲ | 2.35% | -0.24 | 2.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $361 | +21.94 | $339 |
| Gross Loans ($M) | ▲ | $286 | +35.14 | $251 |
| Loan Growth YoY (%) | ▲ | 101.60% | +7.60 | 94.01% |
| Total Deposits ($M) | ▲ | $279 | +14.69 | $264 |
| Shareholders Equity ($M) | ▲ | $24 | +4.75 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.74 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +4.36 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 101.60% | +7.60 | 94.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.36% | -0.15 | 1.50% |
| Allowance / Loans (%) | — | 1.17% | -0.10% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 1.71% | +0.31 | 1.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.97% | -0.02 | 10.00% |
Noninterest income ($0.55M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▃▃▄▇█ | Net Interest Margin (%) | 2.69% | 2.72% | 2.38% | 2.63% | 2.70% | 2.81% | 3.11% | 3.29% |
| ▇▇▁▄▅▆██ | Return on Assets (%) | 0.68% | 0.71% | -1.45% | -0.38% | 0.05% | 0.32% | 1.03% | 1.13% |
| ▅▅█▇▅▄▁▁ | Efficiency Ratio (%) | 75.5% | 74.3% | 84.3% | 81.7% | 76.5% | 73.7% | 64.8% | 63.5% |
| █▆▅▇█▄▂▁ | Cost of Funds (%) | 2.66% | 2.56% | 2.54% | 2.59% | 2.63% | 2.48% | 2.39% | 2.35% |
| █▆▆▃▄▄▆▁ | NPA / Assets (%) | 1.79% | 1.67% | 1.65% | 1.50% | 1.54% | 1.55% | 1.63% | 1.36% |
| █▇▇▁▁▆▆▃ | Net Charge-Off Ratio (%) | 2.38% | 2.24% | 2.26% | 1.40% | 1.41% | 2.01% | 2.11% | 1.71% |
| ▂▁▁▃▅▇██ | Tang. Book Value ($M) | $17 | $16 | $16 | $18 | $20 | $22 | $22 | $23 |
| ▁▁▁▃▅▇▇█ | Gross Loans ($M) | $234 | $239 | $239 | $251 | $260 | $276 | $277 | $286 |
| ▁▂▄▄▇▇█▇ | Total Deposits ($M) | $247 | $257 | $263 | $264 | $281 | $280 | $289 | $279 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 19% |
| Agricultural | 9% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 26% |