Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.46 | 1.55% |
| Return on Equity (%) | ▲ | 30.94% | +4.30 | 26.64% |
| Net Interest Margin (%) | ▲ | 3.15% | +0.38 | 2.77% |
| Efficiency Ratio (%) | ▲ | 54.52% | -6.92 | 61.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.00% | -0.10 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $124 | +8.48 | $116 |
| Gross Loans ($M) | ▲ | $31 | +0.94 | $30 |
| Loan Growth YoY (%) | ▼ | 26.36% | -0.97 | 27.33% |
| Total Deposits ($M) | ▲ | $114 | +7.47 | $107 |
| Shareholders Equity ($M) | ▲ | $8 | +0.85 | $7 |
| Tang. Book Value ($M) | ▲ | $8 | +0.85 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.21 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 26.36% | -0.97 | 27.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Allowance / Loans (%) | — | 1.52% | -0.03% | 1.55% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.04% | -0.01 | 22.05% |
Noninterest income ($0.50M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.26% | 2.32% | 2.68% | 2.77% | 2.81% | 2.90% | 3.13% | 3.15% |
| ▁▁▄▄▄▃██ | Return on Assets (%) | 1.18% | 1.09% | 1.52% | 1.55% | 1.49% | 1.39% | 2.08% | 2.01% |
| ▇█▅▅▆▇▁▁ | Efficiency Ratio (%) | 65.5% | 68.4% | 62.4% | 61.4% | 62.7% | 65.4% | 52.9% | 54.5% |
| █▄▃▂▃▂▁▁ | Cost of Funds (%) | 1.58% | 1.26% | 1.20% | 1.10% | 1.17% | 1.12% | 1.00% | 1.00% |
| ███▅▁▁▁▁ | NPA / Assets (%) | 0.03% | 0.03% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
| ███▅▁▁▁▁ | Net Charge-Off Ratio (%) | 0.11% | 0.11% | 0.11% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▄▆█▆▇ | Tang. Book Value ($M) | $6 | $6 | $6 | $7 | $7 | $8 | $7 | $8 |
| ▂▁▁▃▇█▃▅ | Gross Loans ($M) | $29 | $29 | $28 | $30 | $31 | $32 | $29 | $31 |
| ▁▁▂▄▄▄▆█ | Total Deposits ($M) | $100 | $99 | $101 | $107 | $106 | $106 | $110 | $114 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 28% |
| Agricultural | 11% |
| Consumer | 6% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 12% |