Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.09% | -0.11 | 1.20% |
| Return on Equity (%) | ▼ | 18.82% | -13.91 | 32.73% |
| Net Interest Margin (%) | ▲ | 3.23% | +0.39 | 2.85% |
| Efficiency Ratio (%) | ▲ | 57.50% | -5.75 | 63.26% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.34% | -0.16 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $119 | +2.78 | $116 |
| Gross Loans ($M) | ▲ | $54 | +3.88 | $50 |
| Loan Growth YoY (%) | ▲ | 51.53% | +3.57 | 47.97% |
| Total Deposits ($M) | ▲ | $103 | +0.46 | $103 |
| Shareholders Equity ($M) | ▲ | $7 | +2.32 | $5 |
| Tang. Book Value ($M) | ▲ | $7 | +2.32 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +2.15 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 51.53% | +3.57 | 47.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -0.07 | 0.83% |
| Allowance / Loans (%) | — | 1.72% | -0.17% | 1.89% |
| Net Charge-Off Ratio (%) | ▲ | 1.67% | -0.26 | 1.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▃▄▄▇█ | Net Interest Margin (%) | 2.96% | 2.96% | 2.68% | 2.85% | 2.92% | 2.95% | 3.14% | 3.23% |
| ▆▅█▇▇▆▁▆ | Return on Assets (%) | 1.09% | 1.02% | 1.28% | 1.20% | 1.15% | 1.13% | 0.76% | 1.09% |
| ██▃▅▆▆▁▁ | Efficiency Ratio (%) | 66.6% | 67.9% | 61.0% | 63.3% | 64.7% | 65.0% | 57.4% | 57.5% |
| █▅▇█▄▂▁▂ | Cost of Funds (%) | 1.49% | 1.41% | 1.47% | 1.50% | 1.40% | 1.36% | 1.32% | 1.34% |
| ▁▁▅▅▅██▅ | NPA / Assets (%) | 0.15% | 0.06% | 0.81% | 0.83% | 0.79% | 1.39% | 1.43% | 0.76% |
| ▁▁▅▅▅██▄ | Net Charge-Off Ratio (%) | 0.39% | 0.14% | 2.03% | 1.93% | 1.94% | 3.45% | 3.27% | 1.67% |
| ▆▁▄▄████ | Tang. Book Value ($M) | $6 | $3 | $5 | $5 | $7 | $7 | $7 | $7 |
| ▁▂▃▄▃▆██ | Gross Loans ($M) | $47 | $49 | $49 | $50 | $50 | $53 | $55 | $54 |
| ▁▇▄▁▃█▄▁ | Total Deposits ($M) | $103 | $113 | $108 | $103 | $106 | $115 | $109 | $103 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 11% |
| Agricultural | 22% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 9% |