Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.15% | +1.55 | -1.40% |
| Return on Equity (%) | ▲ | 1.16% | +11.94 | -10.78% |
| Net Interest Margin (%) | ▲ | 2.67% | +0.28 | 2.39% |
| Efficiency Ratio (%) | ▲ | 91.39% | -33.36 | 124.75% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.61 | $-0 |
| Cost of Funds (%) | ▲ | 2.95% | -0.28 | 3.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $186 | -22.05 | $208 |
| Gross Loans ($M) | ▼ | $137 | -16.50 | $154 |
| Loan Growth YoY (%) | ▲ | 91.05% | +0.89 | 90.16% |
| Total Deposits ($M) | ▼ | $147 | -20.31 | $168 |
| Shareholders Equity ($M) | ▼ | $26 | -1.05 | $27 |
| Tang. Book Value ($M) | ▼ | $21 | -1.00 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 91.05% | +0.89 | 90.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 7.49% | +1.16 | 6.33% |
| Allowance / Loans (%) | — | 2.16% | 0.55% | 1.61% |
| Net Charge-Off Ratio (%) | ▼ | 4.89% | +1.65 | 3.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.39M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▅▅▆▅ | Net Interest Margin (%) | 3.00% | 2.99% | 2.24% | 2.39% | 2.64% | 2.69% | 2.75% | 2.67% |
| ██▁▁▂▁▇▇ | Return on Assets (%) | 0.37% | 0.49% | -1.31% | -1.40% | -1.06% | -1.38% | 0.05% | 0.15% |
| ▁▁▅█▇▇▄▄ | Efficiency Ratio (%) | 75.0% | 70.2% | 103.5% | 124.7% | 111.3% | 117.0% | 96.2% | 91.4% |
| ▄▂█▅▅▂▁▁ | Cost of Funds (%) | 3.18% | 3.03% | 3.51% | 3.23% | 3.23% | 3.02% | 2.93% | 2.95% |
| ▁▅▃▆█▅▆█ | NPA / Assets (%) | 3.06% | 5.38% | 4.49% | 6.33% | 7.16% | 5.73% | 5.87% | 7.49% |
| ▂▇▁▅█▃▃█ | Net Charge-Off Ratio (%) | 1.60% | 4.34% | 0.96% | 3.24% | 5.43% | 2.48% | 2.58% | 4.89% |
| ██▇▄▄▁▁▁ | Tang. Book Value ($M) | $23 | $23 | $23 | $22 | $22 | $21 | $21 | $21 |
| ██▇▆▅▅▂▁ | Gross Loans ($M) | $161 | $160 | $157 | $154 | $151 | $149 | $142 | $137 |
| ▇▇█▇▅▃▃▁ | Total Deposits ($M) | $167 | $166 | $171 | $168 | $161 | $156 | $154 | $147 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 39% |