Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.22% | +0.12 | 2.10% |
| Return on Equity (%) | ▼ | 21.33% | -0.27 | 21.60% |
| Net Interest Margin (%) | ▲ | 4.66% | +0.17 | 4.50% |
| Efficiency Ratio (%) | ▲ | 54.64% | -0.55 | 55.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.43% | -0.20 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $267 | +7.04 | $260 |
| Gross Loans ($M) | ▼ | $192 | -8.28 | $201 |
| Loan Growth YoY (%) | ▼ | 79.98% | -5.36 | 85.33% |
| Total Deposits ($M) | ▲ | $238 | +5.33 | $233 |
| Shareholders Equity ($M) | ▲ | $28 | +1.76 | $26 |
| Tang. Book Value ($M) | ▲ | $26 | +1.76 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.72 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 79.98% | -5.36 | 85.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.62% | -0.17 | 0.79% |
| Allowance / Loans (%) | — | 1.15% | 0.01% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.66% | -0.25 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.06% | +0.57 | 12.49% |
Noninterest income ($0.44M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇▇██ | Net Interest Margin (%) | 4.22% | 4.24% | 4.35% | 4.50% | 4.56% | 4.59% | 4.61% | 4.66% |
| ▁▁▄▅▆▅██ | Return on Assets (%) | 1.95% | 1.94% | 2.05% | 2.10% | 2.12% | 2.08% | 2.21% | 2.22% |
| ██▅▃▃▂▁▁ | Efficiency Ratio (%) | 57.4% | 57.2% | 55.8% | 55.2% | 55.3% | 55.0% | 54.3% | 54.6% |
| ▇██▄▃▂▁▁ | Cost of Funds (%) | 1.77% | 1.84% | 1.85% | 1.64% | 1.58% | 1.51% | 1.43% | 1.43% |
| ▁▁▁▇█▆▇▅ | NPA / Assets (%) | 0.21% | 0.16% | 0.15% | 0.79% | 0.92% | 0.70% | 0.80% | 0.62% |
| ▁▁▁▇█▆█▅ | Net Charge-Off Ratio (%) | 0.11% | 0.06% | 0.04% | 0.91% | 1.08% | 0.80% | 0.99% | 0.66% |
| ▁▂▁▃▇█▆█ | Tang. Book Value ($M) | $24 | $24 | $24 | $24 | $26 | $26 | $25 | $26 |
| ▄██▃▃▄▂▁ | Gross Loans ($M) | $202 | $216 | $214 | $201 | $201 | $203 | $196 | $192 |
| ▁▃▅▅▃▇█▇ | Total Deposits ($M) | $220 | $226 | $234 | $233 | $227 | $237 | $242 | $238 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 42% |
| Agricultural | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 12% |