Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.50 | 0.96% |
| Return on Equity (%) | ▲ | 22.18% | +0.81 | 21.37% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.30 | 3.48% |
| Efficiency Ratio (%) | ▲ | 70.64% | -3.12 | 73.76% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.88% | -0.18 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $159 | +11.03 | $148 |
| Gross Loans ($M) | ▲ | $83 | +2.18 | $80 |
| Loan Growth YoY (%) | ▼ | 55.22% | -1.50 | 56.72% |
| Total Deposits ($M) | ▲ | $147 | +7.72 | $139 |
| Shareholders Equity ($M) | ▲ | $10 | +3.41 | $7 |
| Tang. Book Value ($M) | ▲ | $10 | +3.41 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +3.61 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 55.22% | -1.50 | 56.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.38 | 0.16% |
| Allowance / Loans (%) | — | 1.71% | -0.03% | 1.75% |
| Net Charge-Off Ratio (%) | ▼ | 1.04% | +0.75 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.15% | +0.84 | 15.30% |
Noninterest income ($0.21M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.17% | 3.24% | 3.35% | 3.48% | 3.54% | 3.55% | 3.81% | 3.78% |
| ▁▁▁▂▂▂█▅ | Return on Assets (%) | 0.75% | 0.75% | 0.90% | 0.96% | 1.00% | 0.99% | 2.04% | 1.46% |
| ██▆▄▃▄▁▁ | Efficiency Ratio (%) | 77.9% | 77.5% | 75.9% | 73.8% | 73.4% | 73.8% | 70.8% | 70.6% |
| ██▇▆▇▇▂▁ | Cost of Funds (%) | 2.15% | 2.16% | 2.11% | 2.06% | 2.09% | 2.09% | 1.93% | 1.88% |
| ▂▂▂▂▁▁▁█ | NPA / Assets (%) | 0.16% | 0.16% | 0.14% | 0.16% | 0.05% | 0.08% | 0.06% | 0.54% |
| ▂▂▂▂▁▁▁█ | Net Charge-Off Ratio (%) | 0.28% | 0.27% | 0.26% | 0.29% | 0.10% | 0.15% | 0.10% | 1.04% |
| ▃▁▂▃▆▆██ | Tang. Book Value ($M) | $7 | $6 | $7 | $7 | $9 | $9 | $11 | $10 |
| █▆▅▄▄▁██ | Gross Loans ($M) | $83 | $81 | $81 | $80 | $80 | $78 | $82 | $83 |
| ▁▁▃▄▄▃▅█ | Total Deposits ($M) | $133 | $134 | $137 | $139 | $139 | $138 | $141 | $147 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 12% |
| Agricultural | 16% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 10% |