Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.17% | +0.65 | 1.52% |
| Return on Equity (%) | ▲ | 26.79% | +7.26 | 19.53% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.56 | 3.87% |
| Efficiency Ratio (%) | ▲ | 51.68% | -10.35 | 62.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.86% | -0.42 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +10.78 | $173 |
| Gross Loans ($M) | ▲ | $154 | +12.69 | $142 |
| Loan Growth YoY (%) | ▲ | 91.54% | +2.61 | 88.93% |
| Total Deposits ($M) | ▲ | $167 | +9.24 | $158 |
| Shareholders Equity ($M) | ▲ | $15 | +1.65 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.65 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 91.54% | +2.61 | 88.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.36 | 0.17% |
| Allowance / Loans (%) | — | 1.14% | -0.02% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.43 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.11% | +0.38 | 10.73% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▁▁▁██ | Net Interest Margin (%) | 3.99% | 4.01% | 3.80% | 3.87% | 3.84% | 3.86% | 4.43% | 4.43% |
| ▃▂▁▂▃▂██ | Return on Assets (%) | 1.60% | 1.52% | 1.32% | 1.52% | 1.62% | 1.49% | 2.21% | 2.17% |
| ▆▇█▇▆█▁▁ | Efficiency Ratio (%) | 60.8% | 62.5% | 64.1% | 62.0% | 60.8% | 63.0% | 51.9% | 51.7% |
| ▇█▅██▅▂▁ | Cost of Funds (%) | 2.21% | 2.27% | 2.13% | 2.29% | 2.27% | 2.09% | 1.92% | 1.86% |
| ▁▁▄▃▃▁▁█ | NPA / Assets (%) | 0.07% | 0.06% | 0.21% | 0.17% | 0.16% | 0.02% | 0.01% | 0.54% |
| ▁▁▄▃▃▁▁█ | Net Charge-Off Ratio (%) | 0.08% | 0.08% | 0.27% | 0.21% | 0.22% | 0.02% | 0.01% | 0.63% |
| ▁▁▁▃▅▅▇█ | Tang. Book Value ($M) | $13 | $13 | $13 | $14 | $14 | $14 | $15 | $15 |
| ▂▁▄▃▁▁▅█ | Gross Loans ($M) | $139 | $137 | $143 | $142 | $134 | $135 | $147 | $154 |
| ▁▁▅▄▇█▇█ | Total Deposits ($M) | $150 | $151 | $162 | $158 | $165 | $169 | $165 | $167 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 20% |