Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.13 | 0.58% |
| Return on Equity (%) | ▲ | 7.64% | +0.96 | 6.68% |
| Net Interest Margin (%) | ▲ | 2.23% | +0.27 | 1.96% |
| Efficiency Ratio (%) | ▲ | 57.45% | -8.70 | 66.15% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.92% | -0.02 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $142 | +7.22 | $134 |
| Gross Loans ($M) | ▲ | $63 | +2.16 | $60 |
| Loan Growth YoY (%) | ▼ | 52.58% | -6.43 | 59.01% |
| Total Deposits ($M) | ▲ | $118 | +16.10 | $102 |
| Shareholders Equity ($M) | ▲ | $13 | +1.28 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.28 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.04 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 52.58% | -6.43 | 59.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.01 | 0.40% |
| Allowance / Loans (%) | — | 1.05% | 0.35% | 0.69% |
| Net Charge-Off Ratio (%) | ▼ | 0.92% | +0.04 | 0.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.14M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇▇██ | Net Interest Margin (%) | 1.40% | 1.53% | 1.91% | 1.96% | 2.03% | 2.05% | 2.16% | 2.23% |
| ▁▂▃▅▆▆██ | Return on Assets (%) | 0.28% | 0.37% | 0.44% | 0.58% | 0.61% | 0.64% | 0.76% | 0.71% |
| █▇▅▄▃▃▁▁ | Efficiency Ratio (%) | 83.6% | 76.5% | 71.4% | 66.1% | 64.4% | 62.9% | 53.7% | 57.4% |
| █▅▆▆▇▁▇▅ | Cost of Funds (%) | 2.02% | 1.91% | 1.94% | 1.94% | 1.96% | 1.78% | 1.97% | 1.92% |
| ▄▃▁▇█▇█▇ | NPA / Assets (%) | 0.28% | 0.26% | 0.16% | 0.40% | 0.42% | 0.40% | 0.45% | 0.41% |
| ▄▂▁▇████ | Net Charge-Off Ratio (%) | 0.64% | 0.49% | 0.36% | 0.88% | 0.91% | 0.89% | 0.97% | 0.92% |
| ▃▁▃▄▆█▇█ | Tang. Book Value ($M) | $12 | $11 | $12 | $12 | $13 | $13 | $13 | $13 |
| ▁▃▂▃▄█▇▅ | Gross Loans ($M) | $57 | $61 | $59 | $60 | $62 | $66 | $64 | $63 |
| ▁▄▂▁▁▆██ | Total Deposits ($M) | $102 | $107 | $104 | $102 | $100 | $113 | $117 | $118 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 36% |
| Agricultural | 12% |
| Consumer | 7% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 22% |