Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.26 | 1.58% |
| Return on Equity (%) | ▲ | 14.84% | +1.19 | 13.65% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.56 | 3.43% |
| Efficiency Ratio (%) | ▲ | 56.04% | -1.59 | 57.63% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.43% | -0.12 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +2.39 | $124 |
| Gross Loans ($M) | ▼ | $66 | -0.97 | $67 |
| Loan Growth YoY (%) | ▼ | 60.46% | -2.17 | 62.63% |
| Total Deposits ($M) | ▲ | $108 | +2.24 | $106 |
| Shareholders Equity ($M) | ▲ | $16 | +1.12 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +1.12 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.25 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 60.46% | -2.17 | 62.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.61 | 0.76% |
| Allowance / Loans (%) | — | 1.38% | -0.02% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -1.12 | 1.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.19M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.00% | 3.12% | 3.33% | 3.43% | 3.57% | 3.65% | 3.89% | 3.99% |
| ▁▁▆▅▅▄█▇ | Return on Assets (%) | 1.09% | 1.06% | 1.66% | 1.58% | 1.60% | 1.51% | 2.00% | 1.84% |
| ██▃▃▃▄▁▂ | Efficiency Ratio (%) | 66.8% | 67.8% | 57.8% | 57.6% | 58.2% | 60.1% | 52.7% | 56.0% |
| ██▇▅▄▄▁▁ | Cost of Funds (%) | 1.60% | 1.62% | 1.59% | 1.54% | 1.51% | 1.52% | 1.44% | 1.43% |
| ▁▆██▇▅▆▁ | NPA / Assets (%) | 0.09% | 0.55% | 0.74% | 0.76% | 0.65% | 0.49% | 0.53% | 0.15% |
| ▁▆██▇▅▁▁ | Net Charge-Off Ratio (%) | 0.15% | 0.96% | 1.35% | 1.41% | 1.17% | 0.90% | 0.18% | 0.28% |
| ▃▁▃▅▇▇▇█ | Tang. Book Value ($M) | $13 | $12 | $13 | $14 | $15 | $15 | $15 | $15 |
| ▅▇▁▄█▅▁▂ | Gross Loans ($M) | $68 | $69 | $66 | $67 | $70 | $68 | $66 | $66 |
| ▂▂▁▅████ | Total Deposits ($M) | $104 | $104 | $103 | $106 | $109 | $108 | $109 | $108 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 36% |
| Agricultural | 6% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 8% |