Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.35 | 1.61% |
| Return on Equity (%) | ▼ | 10.94% | -3.55 | 14.49% |
| Net Interest Margin (%) | ▼ | 4.08% | -0.40 | 4.48% |
| Efficiency Ratio (%) | ▼ | 73.08% | +4.77 | 68.31% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.17 | $1 |
| Cost of Funds (%) | ▼ | 0.89% | +0.23 | 0.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $250 | +12.94 | $237 |
| Gross Loans ($M) | ▲ | $150 | +4.49 | $146 |
| Loan Growth YoY (%) | ▼ | 67.30% | -1.65 | 68.95% |
| Total Deposits ($M) | ▲ | $221 | +11.75 | $209 |
| Shareholders Equity ($M) | ▲ | $29 | +1.13 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +1.13 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +1.53 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 67.30% | -1.65 | 68.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.19 | 0.42% |
| Allowance / Loans (%) | — | 1.08% | -0.02% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.38% | -0.30 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -27.79 | 27.79% |
Noninterest income ($0.46M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▆▇▇█▁▁ | Net Interest Margin (%) | 4.49% | 4.58% | 4.40% | 4.48% | 4.51% | 4.52% | 4.07% | 4.08% |
| ▁▃████▅▅ | Return on Assets (%) | 0.68% | 1.04% | 1.63% | 1.61% | 1.61% | 1.65% | 1.28% | 1.26% |
| ▁▁▄▅▅▄██ | Efficiency Ratio (%) | 63.8% | 63.0% | 67.4% | 68.3% | 68.3% | 67.4% | 72.9% | 73.1% |
| ▁▁▂▄▅▆▇█ | Cost of Funds (%) | 0.48% | 0.50% | 0.57% | 0.67% | 0.73% | 0.75% | 0.84% | 0.89% |
| █▇▃█▆▂▁▁ | NPA / Assets (%) | 0.41% | 0.39% | 0.28% | 0.42% | 0.36% | 0.25% | 0.23% | 0.23% |
| █▇▃█▅▁▁▁ | Net Charge-Off Ratio (%) | 0.70% | 0.64% | 0.47% | 0.68% | 0.58% | 0.40% | 0.38% | 0.38% |
| ▃▁▄▅█▆▇▇ | Tang. Book Value ($M) | $27 | $26 | $27 | $27 | $29 | $28 | $28 | $29 |
| ▁▂▂▃▅███ | Gross Loans ($M) | $144 | $145 | $145 | $146 | $148 | $150 | $150 | $150 |
| ▆▄▄▁▁▂▆█ | Total Deposits ($M) | $217 | $213 | $214 | $209 | $208 | $211 | $217 | $221 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 2% |