Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +1.25 | 0.12% |
| Return on Equity (%) | ▲ | 17.68% | +16.26 | 1.42% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.69 | 3.48% |
| Efficiency Ratio (%) | ▲ | 71.29% | -22.53 | 93.82% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.68 | $0 |
| Cost of Funds (%) | ▲ | 1.96% | -0.14 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $120 | +21.21 | $99 |
| Gross Loans ($M) | ▲ | $80 | +29.40 | $50 |
| Loan Growth YoY (%) | ▲ | 72.13% | +16.89 | 55.24% |
| Total Deposits ($M) | ▲ | $109 | +19.33 | $90 |
| Shareholders Equity ($M) | ▲ | $10 | +1.47 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +1.47 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 72.13% | +16.89 | 55.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.04 | 0.06% |
| Allowance / Loans (%) | — | 0.95% | -0.07% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.09 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.57% | -3.35 | 14.92% |
Noninterest income ($1.47M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▃▂▅█ | Net Interest Margin (%) | 4.07% | 4.06% | 3.29% | 3.48% | 3.60% | 3.49% | 3.80% | 4.16% |
| █▆▁▂▄▄▅█ | Return on Assets (%) | 1.30% | 0.92% | -0.18% | 0.12% | 0.43% | 0.45% | 0.73% | 1.37% |
| ▂▄█▇▆▅▃▁ | Efficiency Ratio (%) | 77.2% | 83.0% | 99.7% | 93.8% | 89.1% | 88.8% | 80.9% | 71.3% |
| ▁▁▇██▅▇▆ | Cost of Funds (%) | 1.47% | 1.44% | 2.06% | 2.09% | 2.18% | 1.89% | 2.04% | 1.96% |
| ▁▁▁▁▄▃█▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.01% | 0.06% | 0.52% | 0.42% | 1.30% | 0.02% |
| ▁▁▁▁▄▄█▁ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.02% | 0.12% | 0.94% | 0.86% | 2.04% | 0.03% |
| ▂▁▁▁▂▃▄█ | Tang. Book Value ($M) | $8 | $8 | $8 | $8 | $8 | $9 | $9 | $10 |
| ▁▁▂▃▄▄▇█ | Gross Loans ($M) | $36 | $38 | $46 | $50 | $53 | $58 | $71 | $80 |
| ▁▂▄▅▄█▇█ | Total Deposits ($M) | $65 | $76 | $86 | $90 | $87 | $109 | $100 | $109 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 7% |
| Agricultural | 42% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 33% |