Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.56% | -0.04 | 0.60% |
| Return on Equity (%) | ▼ | 5.86% | -0.21 | 6.07% |
| Net Interest Margin (%) | ▼ | 2.88% | -0.03 | 2.91% |
| Efficiency Ratio (%) | ▼ | 79.48% | +1.70 | 77.78% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.59% | -0.05 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $228 | +13.48 | $215 |
| Gross Loans ($M) | ▼ | $93 | -0.27 | $93 |
| Loan Growth YoY (%) | ▼ | 44.73% | -3.24 | 47.98% |
| Total Deposits ($M) | ▲ | $205 | +13.24 | $191 |
| Shareholders Equity ($M) | ▲ | $22 | +0.19 | $22 |
| Tang. Book Value ($M) | ▲ | $22 | +0.19 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +0.42 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 44.73% | -3.24 | 47.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.35 | 0.37% |
| Allowance / Loans (%) | — | 1.46% | 0.02% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 1.75% | +0.93 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.38M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆▂███▁▇ | Net Interest Margin (%) | 2.85% | 2.86% | 2.80% | 2.91% | 2.91% | 2.90% | 2.77% | 2.88% |
| ▇▇███▁█▇ | Return on Assets (%) | 0.52% | 0.52% | 0.66% | 0.60% | 0.69% | -0.09% | 0.60% | 0.56% |
| ▂▃▁▁▁█▁▂ | Efficiency Ratio (%) | 81.9% | 82.3% | 75.7% | 77.8% | 77.9% | 101.7% | 76.3% | 79.5% |
| ▄█▁▅▅▅▅▃ | Cost of Funds (%) | 1.61% | 1.71% | 1.54% | 1.63% | 1.63% | 1.63% | 1.63% | 1.59% |
| ▄▂▁▃███▇ | NPA / Assets (%) | 0.41% | 0.29% | 0.16% | 0.37% | 0.81% | 0.74% | 0.76% | 0.72% |
| ▃▂▁▃████ | Net Charge-Off Ratio (%) | 0.89% | 0.61% | 0.34% | 0.81% | 1.93% | 1.89% | 1.90% | 1.75% |
| ▆▁▄▅█▆▆▆ | Tang. Book Value ($M) | $22 | $19 | $21 | $22 | $23 | $22 | $22 | $22 |
| ██▇▆▆▁▄▆ | Gross Loans ($M) | $95 | $94 | $93 | $93 | $93 | $88 | $91 | $93 |
| ▁▁▄▄▆██▇ | Total Deposits ($M) | $179 | $178 | $190 | $191 | $201 | $207 | $210 | $205 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 18% |