Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.76 | -0.16% |
| Return on Equity (%) | ▲ | 5.26% | +6.32 | -1.06% |
| Net Interest Margin (%) | ▼ | 3.85% | -0.35 | 4.20% |
| Efficiency Ratio (%) | ▲ | 63.84% | -9.18 | 73.01% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $0 |
| Cost of Funds (%) | ▼ | 3.02% | +0.16 | 2.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $158 | +52.22 | $106 |
| Gross Loans ($M) | ▲ | $129 | +36.74 | $92 |
| Loan Growth YoY (%) | ▼ | 93.47% | -6.62 | 100.08% |
| Total Deposits ($M) | ▲ | $137 | +45.80 | $91 |
| Shareholders Equity ($M) | ▲ | $18 | +4.03 | $14 |
| Tang. Book Value ($M) | ▲ | $18 | +4.09 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 93.47% | -6.62 | 100.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.94% | -2.84 | 3.78% |
| Allowance / Loans (%) | — | 1.11% | -0.49% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.35% | -3.96 | 4.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▂▂▂▁▁ | Net Interest Margin (%) | 5.78% | 5.23% | 3.91% | 4.20% | 4.21% | 4.25% | 3.81% | 3.85% |
| █▃▁▂▅▇██ | Return on Assets (%) | 0.59% | -0.15% | -0.41% | -0.16% | 0.14% | 0.40% | 0.57% | 0.60% |
| ▂▄█▃▂▁▁▁ | Efficiency Ratio (%) | 68.1% | 76.3% | 89.5% | 73.0% | 68.9% | 63.3% | 66.3% | 63.8% |
| ▁█▅▂▅▁▇▅ | Cost of Funds (%) | 2.77% | 3.19% | 2.98% | 2.86% | 3.00% | 2.82% | 3.10% | 3.02% |
| ▁▅█▇▅▄▃▂ | NPA / Assets (%) | 0.00% | 2.41% | 4.69% | 3.78% | 2.77% | 2.26% | 1.74% | 0.94% |
| ▁▅█▇▅▅▄▁ | Net Charge-Off Ratio (%) | 0.00% | 2.95% | 5.47% | 4.31% | 3.21% | 2.80% | 2.10% | 0.35% |
| ▁▁▁▁▁▅██ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $14 | $16 | $17 | $18 |
| ▁▁▂▄▆▇██ | Gross Loans ($M) | $61 | $65 | $76 | $92 | $108 | $120 | $127 | $129 |
| ▁▁▂▄▆███ | Total Deposits ($M) | $59 | $65 | $74 | $91 | $110 | $132 | $135 | $137 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 15% |
| Agricultural | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 23% |