Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.51% | +0.42 | 3.09% |
| Return on Equity (%) | ▼ | 36.56% | -1.50 | 38.06% |
| Net Interest Margin (%) | ▲ | 5.35% | +0.59 | 4.76% |
| Efficiency Ratio (%) | ▼ | 41.71% | +0.26 | 41.45% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.13 | $3 |
| Cost of Funds (%) | ▲ | 1.32% | -0.10 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $327 | -3.76 | $331 |
| Gross Loans ($M) | ▲ | $252 | +25.81 | $226 |
| Loan Growth YoY (%) | ▲ | 84.75% | +10.48 | 74.28% |
| Total Deposits ($M) | ▼ | $295 | -7.02 | $302 |
| Shareholders Equity ($M) | ▲ | $32 | +3.31 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +3.31 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.07 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 84.75% | +10.48 | 74.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.03 | 0.05% |
| Allowance / Loans (%) | — | 1.00% | -0.05% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.03 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.53% | +0.09 | 14.44% |
Noninterest income ($0.85M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▂▄▄██ | Net Interest Margin (%) | 4.84% | 4.68% | 4.55% | 4.76% | 4.93% | 4.98% | 5.42% | 5.35% |
| ▂▂▁▃▄▅██ | Return on Assets (%) | 3.05% | 2.98% | 2.90% | 3.09% | 3.20% | 3.25% | 3.50% | 3.51% |
| █▆▄▁▁▂▂▁ | Efficiency Ratio (%) | 45.0% | 44.1% | 42.8% | 41.4% | 41.7% | 42.2% | 42.1% | 41.7% |
| ██▆▄▅▁▁▁ | Cost of Funds (%) | 1.65% | 1.63% | 1.54% | 1.41% | 1.48% | 1.28% | 1.27% | 1.32% |
| █▆▇▁▁▃▄▁ | NPA / Assets (%) | 0.40% | 0.31% | 0.34% | 0.05% | 0.06% | 0.14% | 0.21% | 0.08% |
| ███▁▁▁▄▁ | Net Charge-Off Ratio (%) | 0.55% | 0.50% | 0.49% | 0.08% | 0.08% | 0.13% | 0.29% | 0.10% |
| ▁▁▁▃▆█▆█ | Tang. Book Value ($M) | $26 | $27 | $27 | $29 | $30 | $32 | $30 | $32 |
| ▁▂▃▃▄▆▇█ | Gross Loans ($M) | $211 | $219 | $222 | $226 | $231 | $238 | $242 | $252 |
| ▁█▆▆▃▅▆▅ | Total Deposits ($M) | $253 | $327 | $300 | $302 | $279 | $292 | $301 | $295 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 10% |