Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.50% | +0.36 | 2.14% |
| Return on Equity (%) | ▲ | 16.62% | +0.62 | 16.00% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.31 | 3.86% |
| Efficiency Ratio (%) | ▲ | 51.89% | -5.03 | 56.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.08% | -0.21 | 1.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $256 | +5.56 | $251 |
| Gross Loans ($M) | ▼ | $138 | -10.89 | $149 |
| Loan Growth YoY (%) | ▼ | 64.23% | -5.20 | 69.43% |
| Total Deposits ($M) | ▲ | $210 | +0.01 | $210 |
| Shareholders Equity ($M) | ▲ | $39 | +4.13 | $35 |
| Tang. Book Value ($M) | ▲ | $39 | +4.13 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +4.70 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 64.23% | -5.20 | 69.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.63 | 0.65% |
| Allowance / Loans (%) | — | 1.79% | 0.17% | 1.62% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.05 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.33% | +3.90 | 23.43% |
Noninterest income ($0.76M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▇██ | Net Interest Margin (%) | 3.77% | 3.74% | 3.77% | 3.86% | 3.98% | 4.11% | 4.21% | 4.17% |
| ▁▅▁▂▃██▆ | Return on Assets (%) | 2.05% | 2.42% | 2.06% | 2.14% | 2.27% | 2.64% | 2.67% | 2.50% |
| ▅▂██▇▄▁▄ | Efficiency Ratio (%) | 53.2% | 50.5% | 56.9% | 56.9% | 55.6% | 51.7% | 48.5% | 51.9% |
| █▆▆▆▄▃▂▁ | Cost of Funds (%) | 1.41% | 1.33% | 1.30% | 1.29% | 1.23% | 1.18% | 1.14% | 1.08% |
| ▂▁▁▇█▁▁▁ | NPA / Assets (%) | 0.13% | 0.03% | 0.02% | 0.65% | 0.77% | 0.04% | 0.04% | 0.02% |
| ▅▁▁▂█▂▂▁ | Net Charge-Off Ratio (%) | 0.21% | 0.05% | 0.04% | 0.08% | 0.32% | 0.07% | 0.07% | 0.03% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $33 | $32 | $34 | $35 | $37 | $38 | $38 | $39 |
| ▇█▆▇▇▆▃▁ | Gross Loans ($M) | $148 | $151 | $146 | $149 | $148 | $147 | $142 | $138 |
| ▁▇▇▅▇█▃▅ | Total Deposits ($M) | $201 | $214 | $215 | $210 | $214 | $218 | $206 | $210 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 14% |
| Agricultural | 34% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 7% |