Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.83% | -0.01 | 0.84% |
| Return on Equity (%) | ▼ | 12.95% | -3.45 | 16.40% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.25 | 4.07% |
| Efficiency Ratio (%) | ▼ | 81.69% | +3.48 | 78.21% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 0.94% | -0.06 | 1.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $93 | +2.99 | $90 |
| Gross Loans ($M) | ▲ | $46 | +0.92 | $45 |
| Loan Growth YoY (%) | ▲ | 52.36% | +0.15 | 52.22% |
| Total Deposits ($M) | ▲ | $86 | +1.66 | $84 |
| Shareholders Equity ($M) | ▲ | $6 | +1.23 | $5 |
| Tang. Book Value ($M) | ▲ | $6 | +1.23 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $8 | +1.20 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 52.36% | +0.15 | 52.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.18 | 0.40% |
| Allowance / Loans (%) | — | 1.14% | -0.18% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.30 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.19M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▅▆██ | Net Interest Margin (%) | 3.71% | 3.82% | 3.86% | 4.07% | 4.09% | 4.12% | 4.35% | 4.33% |
| ▄▇▅▁██▁▁ | Return on Assets (%) | 0.90% | 0.97% | 0.93% | 0.84% | 0.99% | 1.00% | 0.85% | 0.83% |
| ▆▆▁▆▄▄██ | Efficiency Ratio (%) | 78.8% | 78.5% | 71.7% | 78.2% | 76.4% | 76.2% | 81.2% | 81.7% |
| █▆█▃▃▁▂▂ | Cost of Funds (%) | 1.23% | 1.14% | 1.22% | 1.00% | 1.00% | 0.86% | 0.94% | 0.94% |
| ▂█▇▆▁▁▁▁ | NPA / Assets (%) | 0.27% | 0.48% | 0.44% | 0.40% | 0.24% | 0.24% | 0.22% | 0.22% |
| █▇▆▅▁▂▁▁ | Net Charge-Off Ratio (%) | 0.56% | 0.44% | 0.39% | 0.30% | 0.00% | 0.07% | 0.00% | 0.00% |
| ▅▁▃▂▇██▇ | Tang. Book Value ($M) | $5 | $4 | $5 | $5 | $6 | $6 | $6 | $6 |
| ▂▁▄▅▄█▄▇ | Gross Loans ($M) | $43 | $43 | $44 | $45 | $44 | $46 | $44 | $46 |
| ▄▁▄▄▅█▃▅ | Total Deposits ($M) | $85 | $81 | $85 | $84 | $86 | $90 | $84 | $86 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 9% |