Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.38% | +0.15 | 1.24% |
| Return on Equity (%) | ▲ | 12.01% | +0.39 | 11.62% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.30 | 3.51% |
| Efficiency Ratio (%) | ▲ | 58.01% | -3.92 | 61.93% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.42% | -0.10 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $255 | +12.58 | $243 |
| Gross Loans ($M) | ▲ | $157 | +10.66 | $146 |
| Loan Growth YoY (%) | ▲ | 69.14% | +1.96 | 67.18% |
| Total Deposits ($M) | ▲ | $224 | +8.89 | $215 |
| Shareholders Equity ($M) | ▲ | $30 | +3.36 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +3.40 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.47 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 69.14% | +1.96 | 67.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.03 | 0.23% |
| Allowance / Loans (%) | — | 1.28% | 0.11% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.34% | -0.05 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.49% | -0.17 | 21.66% |
Noninterest income ($0.47M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▇█ | Net Interest Margin (%) | 3.32% | 3.35% | 3.38% | 3.51% | 3.54% | 3.61% | 3.73% | 3.81% |
| ▁▁▅▅▄▄██ | Return on Assets (%) | 1.00% | 0.99% | 1.22% | 1.24% | 1.16% | 1.18% | 1.39% | 1.38% |
| ██▅▄▅▃▂▁ | Efficiency Ratio (%) | 68.3% | 68.2% | 63.6% | 61.9% | 63.7% | 61.8% | 59.6% | 58.0% |
| ▇█▅▄▄▅▂▁ | Cost of Funds (%) | 1.60% | 1.64% | 1.55% | 1.52% | 1.52% | 1.55% | 1.46% | 1.42% |
| ▇▁███▇█▇ | NPA / Assets (%) | 0.20% | 0.06% | 0.22% | 0.23% | 0.22% | 0.20% | 0.21% | 0.21% |
| ▇▁███▇▇▇ | Net Charge-Off Ratio (%) | 0.35% | 0.10% | 0.36% | 0.39% | 0.38% | 0.32% | 0.34% | 0.34% |
| ▂▁▂▄▅▆▇█ | Tang. Book Value ($M) | $26 | $24 | $26 | $27 | $28 | $28 | $29 | $30 |
| ▁▂▄▅▅▇██ | Gross Loans ($M) | $136 | $140 | $145 | $146 | $149 | $153 | $156 | $157 |
| ▁▁▃▃██▇█ | Total Deposits ($M) | $211 | $213 | $215 | $215 | $223 | $223 | $221 | $224 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |