Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.78% | +0.36 | 0.43% |
| Return on Equity (%) | ▲ | 19.05% | +0.53 | 18.52% |
| Net Interest Margin (%) | ▲ | 2.98% | +0.29 | 2.69% |
| Efficiency Ratio (%) | ▲ | 75.30% | -6.78 | 82.08% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.36% | -0.36 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $106 | +9.06 | $97 |
| Gross Loans ($M) | ▲ | $43 | +1.38 | $42 |
| Loan Growth YoY (%) | ▼ | 44.92% | -5.13 | 50.04% |
| Total Deposits ($M) | ▲ | $95 | +12.46 | $82 |
| Shareholders Equity ($M) | ▲ | $4 | +1.60 | $3 |
| Tang. Book Value ($M) | ▲ | $4 | +1.60 | $3 |
| TBV excl. AOCI ($M)** | ▲ | $7 | +1.47 | $5 |
| Loan / Deposit Ratio (%) | ▼ | 44.92% | -5.13 | 50.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.01 | 0.04% |
| Allowance / Loans (%) | — | 1.17% | -0.04% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.04 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.03% | +1.36 | 16.68% |
Noninterest income ($0.13M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▄▄▅▅▇█ | Net Interest Margin (%) | 2.61% | 2.45% | 2.69% | 2.69% | 2.74% | 2.78% | 2.87% | 2.98% |
| ▃▁▆▃▄▃▇█ | Return on Assets (%) | 0.45% | 0.30% | 0.64% | 0.43% | 0.50% | 0.47% | 0.68% | 0.78% |
| ▅█▂▅▄▆▂▁ | Efficiency Ratio (%) | 82.2% | 87.5% | 77.5% | 82.1% | 81.2% | 83.1% | 77.0% | 75.3% |
| ▃█▃▃▃▂▁▁ | Cost of Funds (%) | 1.74% | 2.46% | 1.67% | 1.71% | 1.76% | 1.58% | 1.46% | 1.36% |
| █▇▁▁█▅▆▆ | NPA / Assets (%) | 0.06% | 0.06% | 0.04% | 0.04% | 0.06% | 0.05% | 0.06% | 0.06% |
| ██▁▁▇▄▆▆ | Net Charge-Off Ratio (%) | 0.16% | 0.15% | 0.11% | 0.10% | 0.14% | 0.13% | 0.14% | 0.14% |
| ▅▁▃▃▇███ | Tang. Book Value ($M) | $3 | $2 | $2 | $3 | $4 | $4 | $4 | $4 |
| ▁▁▁▄▃▅▇█ | Gross Loans ($M) | $41 | $40 | $41 | $42 | $41 | $42 | $42 | $43 |
| ▁▆▅▁▁▂▆█ | Total Deposits ($M) | $81 | $91 | $88 | $82 | $81 | $84 | $91 | $95 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 9% |
| Agricultural | 16% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 15% |