Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.92% | -0.25 | 1.17% |
| Return on Equity (%) | ▼ | 11.27% | -4.68 | 15.95% |
| Net Interest Margin (%) | ▲ | 3.08% | +0.34 | 2.73% |
| Efficiency Ratio (%) | ▲ | 54.16% | -3.51 | 57.67% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.39 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.19 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $461 | -9.70 | $471 |
| Gross Loans ($M) | ▼ | $334 | -3.94 | $338 |
| Loan Growth YoY (%) | ▼ | 82.36% | -0.08 | 82.43% |
| Total Deposits ($M) | ▼ | $401 | -4.64 | $405 |
| Shareholders Equity ($M) | ▲ | $39 | +3.29 | $36 |
| Tang. Book Value ($M) | ▲ | $33 | +3.29 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +2.58 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 82.36% | -0.08 | 82.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.03 | 0.46% |
| Allowance / Loans (%) | — | 1.13% | 0.07% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.32% | -0.32 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.94% | +0.23 | 10.71% |
Noninterest income ($0.55M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅▇█ | Net Interest Margin (%) | 2.61% | 2.62% | 2.75% | 2.73% | 2.83% | 2.89% | 3.00% | 3.08% |
| ▄▄█▇█▇▁▂ | Return on Assets (%) | 1.01% | 1.01% | 1.28% | 1.17% | 1.26% | 1.22% | 0.81% | 0.92% |
| ██▃▅▃▄▁▂ | Efficiency Ratio (%) | 62.0% | 62.1% | 55.6% | 57.7% | 55.4% | 56.2% | 52.3% | 54.2% |
| ▇█▄▄▃▂▁▂ | Cost of Funds (%) | 2.34% | 2.47% | 2.17% | 2.18% | 2.06% | 2.02% | 1.90% | 2.00% |
| ▁▁▇██▅██ | NPA / Assets (%) | 0.06% | 0.06% | 0.40% | 0.46% | 0.49% | 0.31% | 0.47% | 0.49% |
| ▁▁▇██▅█▄ | Net Charge-Off Ratio (%) | 0.09% | 0.08% | 0.56% | 0.64% | 0.69% | 0.43% | 0.67% | 0.32% |
| ▃▁▃▄▇█▇█ | Tang. Book Value ($M) | $29 | $27 | $29 | $30 | $33 | $33 | $32 | $33 |
| ▁▃▁▅▂█▆▃ | Gross Loans ($M) | $329 | $334 | $331 | $338 | $333 | $345 | $340 | $334 |
| ▃▁▄▄▃▂█▂ | Total Deposits ($M) | $402 | $396 | $405 | $405 | $402 | $400 | $415 | $401 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 18% |
| Agricultural | 17% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 4% |