Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.92% | -0.15 | 2.08% |
| Return on Equity (%) | ▼ | 9.18% | -1.63 | 10.81% |
| Net Interest Margin (%) | ▼ | 5.19% | -0.04 | 5.22% |
| Efficiency Ratio (%) | ▼ | 55.92% | +3.86 | 52.06% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.03% | -0.10 | 1.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $158 | -2.16 | $160 |
| Gross Loans ($M) | ▲ | $102 | +4.51 | $97 |
| Loan Growth YoY (%) | ▲ | 82.59% | +4.34 | 78.25% |
| Total Deposits ($M) | ▼ | $121 | -0.96 | $122 |
| Shareholders Equity ($M) | ▲ | $34 | +2.57 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +2.57 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.47 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 82.59% | +4.34 | 78.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.71% | +0.69 | 0.01% |
| Allowance / Loans (%) | — | 1.28% | -0.07% | 1.35% |
| Net Charge-Off Ratio (%) | ▼ | 1.10% | +1.08 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.30M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▅▇█▁▄ | Net Interest Margin (%) | 5.11% | 5.16% | 5.17% | 5.22% | 5.30% | 5.33% | 5.08% | 5.19% |
| █▁▄▄▄▃▃▃ | Return on Assets (%) | 3.58% | 1.08% | 2.08% | 2.08% | 2.10% | 1.95% | 1.76% | 1.92% |
| ▁█▃▃▃▃▄▃ | Efficiency Ratio (%) | 40.9% | 82.2% | 51.8% | 52.1% | 52.2% | 56.2% | 58.6% | 55.9% |
| ▇█▇▄▅▄▁▁ | Cost of Funds (%) | 1.23% | 1.27% | 1.22% | 1.13% | 1.16% | 1.12% | 1.02% | 1.03% |
| ▄▄▄▁▁▁▅█ | NPA / Assets (%) | 0.30% | 0.27% | 0.27% | 0.01% | 0.00% | 0.05% | 0.42% | 0.71% |
| ▄▄▄▁▁▁▅█ | Net Charge-Off Ratio (%) | 0.50% | 0.43% | 0.45% | 0.02% | 0.00% | 0.08% | 0.67% | 1.10% |
| █▁▂▂▃▃▄▆ | Tang. Book Value ($M) | $35 | $30 | $31 | $31 | $32 | $32 | $32 | $33 |
| ▅▇▆▅▅▁▅█ | Gross Loans ($M) | $97 | $100 | $98 | $97 | $97 | $92 | $98 | $102 |
| ▄▁██▆▅▆▇ | Total Deposits ($M) | $119 | $116 | $123 | $122 | $121 | $120 | $121 | $121 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 15% |