Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.62% | +0.63 | 1.00% |
| Return on Equity (%) | ▲ | 20.92% | +6.61 | 14.31% |
| Net Interest Margin (%) | ▲ | 3.09% | +0.23 | 2.87% |
| Efficiency Ratio (%) | ▲ | 49.64% | -6.06 | 55.69% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 2.02% | -0.11 | 2.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $106 | +8.81 | $97 |
| Gross Loans ($M) | ▼ | $56 | -2.40 | $58 |
| Loan Growth YoY (%) | ▼ | 65.74% | -9.02 | 74.75% |
| Total Deposits ($M) | ▲ | $85 | +7.03 | $78 |
| Shareholders Equity ($M) | ▲ | $9 | +1.75 | $7 |
| Tang. Book Value ($M) | ▲ | $9 | +1.75 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +2.12 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 65.74% | -9.02 | 74.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.76% | -0.01% | 0.77% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.14M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▄▇███ | Net Interest Margin (%) | 2.69% | 2.78% | 2.85% | 2.87% | 3.02% | 3.08% | 3.09% | 3.09% |
| ▅▅▄▁▄▅██ | Return on Assets (%) | 1.41% | 1.35% | 1.30% | 1.00% | 1.30% | 1.38% | 1.66% | 1.62% |
| ▅▅█▆▃▄▄▁ | Efficiency Ratio (%) | 54.9% | 55.1% | 58.8% | 55.7% | 52.8% | 53.7% | 53.3% | 49.6% |
| ▆█▄▃▃▂▁▁ | Cost of Funds (%) | 2.39% | 2.57% | 2.20% | 2.13% | 2.14% | 2.08% | 1.95% | 2.02% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▁▂▆▅▅█ | Tang. Book Value ($M) | $7 | $7 | $7 | $7 | $8 | $8 | $8 | $9 |
| ▇▂▅▅██▄▁ | Gross Loans ($M) | $60 | $57 | $59 | $58 | $61 | $60 | $58 | $56 |
| ▄▁▅▂▂▃██ | Total Deposits ($M) | $80 | $75 | $81 | $78 | $78 | $79 | $86 | $85 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 8% |
| Agricultural | 27% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 16% |