Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.59% | +0.22 | 1.37% |
| Return on Equity (%) | ▼ | 32.05% | -10.02 | 42.07% |
| Net Interest Margin (%) | ▲ | 5.49% | +0.36 | 5.13% |
| Efficiency Ratio (%) | ▲ | 68.16% | -0.61 | 68.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.41% | -0.19 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $194 | -1.64 | $196 |
| Gross Loans ($M) | ▲ | $128 | +4.04 | $123 |
| Loan Growth YoY (%) | ▲ | 68.92% | +3.61 | 65.31% |
| Total Deposits ($M) | ▼ | $182 | -4.21 | $186 |
| Shareholders Equity ($M) | ▲ | $10 | +3.62 | $6 |
| Tang. Book Value ($M) | ▲ | $10 | +3.62 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +3.50 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 68.92% | +3.61 | 65.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.15 | 0.37% |
| Allowance / Loans (%) | — | 1.57% | 0.11% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.21 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.05% | +0.29 | 12.76% |
Noninterest income ($0.59M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▆██ | Net Interest Margin (%) | 4.64% | 4.68% | 5.09% | 5.13% | 5.15% | 5.24% | 5.47% | 5.49% |
| ▄▁▄▆▆▅██ | Return on Assets (%) | 1.18% | 0.93% | 1.23% | 1.37% | 1.41% | 1.28% | 1.55% | 1.59% |
| ▆█▂▁▁▃▁▁ | Efficiency Ratio (%) | 71.6% | 73.2% | 69.0% | 68.8% | 68.8% | 69.9% | 68.4% | 68.2% |
| ██▄▄▅▄▁▁ | Cost of Funds (%) | 1.81% | 1.81% | 1.56% | 1.60% | 1.61% | 1.58% | 1.42% | 1.41% |
| ▅▄▁▅▆▆▄█ | NPA / Assets (%) | 0.39% | 0.32% | 0.19% | 0.37% | 0.41% | 0.40% | 0.34% | 0.52% |
| ▆▄▁▅▆▅▄█ | Net Charge-Off Ratio (%) | 0.64% | 0.50% | 0.31% | 0.58% | 0.64% | 0.60% | 0.52% | 0.79% |
| ▄▁▂▁▅▇██ | Tang. Book Value ($M) | $8 | $6 | $7 | $6 | $8 | $9 | $10 | $10 |
| ▁▂▄▅▆▇█▇ | Gross Loans ($M) | $114 | $118 | $121 | $123 | $126 | $129 | $131 | $128 |
| ▁▄▇██▅█▆ | Total Deposits ($M) | $169 | $176 | $184 | $186 | $188 | $181 | $187 | $182 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 13% |
| Agricultural | 11% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 10% |