Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.19 | 0.72% |
| Return on Equity (%) | ▲ | 13.08% | +1.73 | 11.35% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.39 | 2.86% |
| Efficiency Ratio (%) | ▲ | 70.22% | -4.75 | 74.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.30 | $0 |
| Cost of Funds (%) | ▲ | 1.19% | -0.05 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $229 | +6.32 | $223 |
| Gross Loans ($M) | ▲ | $110 | +15.78 | $95 |
| Loan Growth YoY (%) | ▲ | 50.60% | +5.85 | 44.74% |
| Total Deposits ($M) | ▲ | $215 | +7.06 | $208 |
| Shareholders Equity ($M) | ▼ | $13 | -1.21 | $14 |
| Tang. Book Value ($M) | ▼ | $13 | -1.21 | $14 |
| TBV excl. AOCI ($M)** | ▼ | $19 | -1.35 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 50.60% | +5.85 | 44.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.57% | -0.20% | 1.77% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.88% | -4.85 | 20.73% |
Noninterest income ($0.58M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.52% | 2.58% | 2.86% | 2.86% | 2.91% | 2.97% | 3.18% | 3.24% |
| ▁▁▅▅▅▅▆█ | Return on Assets (%) | 0.49% | 0.50% | 0.73% | 0.72% | 0.73% | 0.71% | 0.76% | 0.91% |
| ██▄▄▄▄▃▁ | Efficiency Ratio (%) | 82.0% | 82.4% | 75.0% | 75.0% | 74.9% | 75.4% | 73.9% | 70.2% |
| █▆▂▂▄▃▁▁ | Cost of Funds (%) | 1.47% | 1.37% | 1.22% | 1.24% | 1.29% | 1.28% | 1.18% | 1.19% |
| ▁▁█▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▅▁▃▃▇██▁ | Tang. Book Value ($M) | $15 | $13 | $14 | $14 | $17 | $18 | $17 | $13 |
| ▁▂▂▄▆███ | Gross Loans ($M) | $84 | $89 | $89 | $95 | $101 | $109 | $108 | $110 |
| ▁▂▅▆▂▃██ | Total Deposits ($M) | $194 | $197 | $205 | $208 | $198 | $200 | $214 | $215 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 5% |
| Agricultural | 20% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 4% |