Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.49 | 0.58% |
| Return on Equity (%) | ▲ | 10.83% | +5.09 | 5.74% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.47 | 3.99% |
| Efficiency Ratio (%) | ▲ | 76.70% | -10.37 | 87.07% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.46% | -0.23 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $135 | -0.53 | $135 |
| Gross Loans ($M) | ▼ | $110 | -3.47 | $114 |
| Loan Growth YoY (%) | ▼ | 89.88% | -3.65 | 93.53% |
| Total Deposits ($M) | ▲ | $120 | +0.79 | $119 |
| Shareholders Equity ($M) | ▲ | $14 | +0.35 | $14 |
| Tang. Book Value ($M) | ▲ | $14 | +0.35 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 89.88% | -3.65 | 93.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.94% | -0.09 | 2.03% |
| Allowance / Loans (%) | — | 1.89% | 0.23% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 2.04% | -0.36 | 2.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.25M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▁▃█▄▅ | Net Interest Margin (%) | 4.24% | 4.17% | 3.95% | 3.99% | 4.26% | 4.78% | 4.33% | 4.46% |
| █▆▁▃▆▆▆█ | Return on Assets (%) | 1.00% | 0.82% | 0.30% | 0.58% | 0.81% | 0.88% | 0.84% | 1.07% |
| ▁▃█▆▄▁▂▁ | Efficiency Ratio (%) | 77.2% | 79.9% | 93.7% | 87.1% | 82.3% | 75.1% | 79.2% | 76.7% |
| █▇▅▅▇▄▁▁ | Cost of Funds (%) | 1.90% | 1.82% | 1.69% | 1.69% | 1.79% | 1.61% | 1.43% | 1.46% |
| █▇▆▆▅▁▄▆ | NPA / Assets (%) | 2.48% | 2.20% | 1.93% | 2.03% | 1.76% | 0.95% | 1.69% | 1.94% |
| ██▅▆▅▁▃▄ | Net Charge-Off Ratio (%) | 3.03% | 2.83% | 2.26% | 2.40% | 2.11% | 1.16% | 1.77% | 2.04% |
| ▂▁▂▃▆▄▅█ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $13 | $13 | $14 |
| ▃▁▆█▆▇▆▅ | Gross Loans ($M) | $108 | $106 | $111 | $114 | $111 | $112 | $111 | $110 |
| ▁▃▁▃▃▅█▃ | Total Deposits ($M) | $115 | $121 | $117 | $119 | $120 | $124 | $130 | $120 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 5% |
| Agricultural | 18% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 8% |