Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.01% | -3.33 | 3.34% |
| Return on Equity (%) | ▼ | 0.11% | -33.99 | 34.10% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.10 | 3.84% |
| Efficiency Ratio (%) | ▼ | 98.01% | +39.11 | 58.90% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -3.33 | $3 |
| Cost of Funds (%) | ▲ | 1.94% | -0.14 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $129 | -14.77 | $144 |
| Gross Loans ($M) | ▼ | $92 | -12.32 | $104 |
| Loan Growth YoY (%) | ▼ | 81.17% | -0.34 | 81.51% |
| Total Deposits ($M) | ▼ | $111 | -15.39 | $127 |
| Shareholders Equity ($M) | ▼ | $15 | -0.97 | $16 |
| Tang. Book Value ($M) | ▼ | $15 | -0.97 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 81.17% | -0.34 | 81.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 6.29% | +4.12 | 2.16% |
| Allowance / Loans (%) | — | 1.85% | 0.80% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 6.18% | +3.62 | 2.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.66M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅▁▃▃▂█▄ | Net Interest Margin (%) | 3.51% | 4.04% | 3.50% | 3.84% | 3.79% | 3.71% | 4.58% | 3.94% |
| ▃▁▂█▆▄▃▂ | Return on Assets (%) | 0.36% | -1.07% | -0.49% | 3.34% | 1.87% | 1.12% | 0.46% | 0.01% |
| ▄██▁▁▂▅▆ | Efficiency Ratio (%) | 86.3% | 115.8% | 110.7% | 58.9% | 64.5% | 67.2% | 87.7% | 98.0% |
| ██▄▃▄▄▄▁ | Cost of Funds (%) | 2.42% | 2.38% | 2.15% | 2.07% | 2.13% | 2.15% | 2.13% | 1.94% |
| ▄▁▃▂▃▆▆█ | NPA / Assets (%) | 3.66% | 1.18% | 2.69% | 2.16% | 2.63% | 4.47% | 4.61% | 6.29% |
| ▆▁▄▂▄█▅█ | Net Charge-Off Ratio (%) | 4.64% | 1.56% | 3.44% | 2.56% | 3.43% | 6.10% | 4.21% | 6.18% |
| █▁▁█▇▆▆▅ | Tang. Book Value ($M) | $15 | $13 | $13 | $16 | $15 | $15 | $15 | $15 |
| ███▆▆▄▁▁ | Gross Loans ($M) | $111 | $110 | $112 | $104 | $104 | $100 | $91 | $92 |
| ▅██▇▄▃▁▁ | Total Deposits ($M) | $120 | $129 | $128 | $127 | $118 | $116 | $110 | $111 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 42% |
| C&I / Commercial | 31% |
| Agricultural | 15% |
| Consumer | 4% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 16% |