Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.44 | 0.56% |
| Return on Equity (%) | ▲ | 13.23% | +5.11 | 8.12% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.62 | 2.83% |
| Efficiency Ratio (%) | ▲ | 71.08% | -10.39 | 81.48% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 2.40% | -0.34 | 2.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $145 | +17.59 | $127 |
| Gross Loans ($M) | ▲ | $82 | +12.35 | $70 |
| Loan Growth YoY (%) | ▲ | 63.59% | +1.88 | 61.72% |
| Total Deposits ($M) | ▲ | $128 | +16.20 | $112 |
| Shareholders Equity ($M) | ▲ | $11 | +1.41 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +1.41 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.49 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 63.59% | +1.88 | 61.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.45% | +0.12 | 0.33% |
| Allowance / Loans (%) | — | 0.68% | -0.18% | 0.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.52% | -0.10 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.77% | -0.99 | 10.76% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄██ | Net Interest Margin (%) | 2.46% | 2.51% | 2.67% | 2.83% | 2.88% | 2.94% | 3.40% | 3.45% |
| ▁▁▁▃▃▄██ | Return on Assets (%) | 0.33% | 0.37% | 0.41% | 0.56% | 0.58% | 0.66% | 1.08% | 0.99% |
| ███▆▆▅▁▁ | Efficiency Ratio (%) | 87.3% | 86.4% | 85.6% | 81.5% | 81.1% | 79.0% | 70.1% | 71.1% |
| █▇▄▇▅▂▁▁ | Cost of Funds (%) | 2.83% | 2.77% | 2.61% | 2.75% | 2.62% | 2.51% | 2.42% | 2.40% |
| █▄▃▃▁▅▁▅ | NPA / Assets (%) | 0.66% | 0.42% | 0.36% | 0.33% | 0.25% | 0.48% | 0.22% | 0.45% |
| █▅▄▃▂▅▁▂ | Net Charge-Off Ratio (%) | 1.21% | 0.78% | 0.72% | 0.61% | 0.45% | 0.77% | 0.29% | 0.52% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $9 | $9 | $9 | $9 | $10 | $10 | $10 | $11 |
| ▁▂▁▂▃▅██ | Gross Loans ($M) | $67 | $69 | $68 | $70 | $71 | $75 | $81 | $82 |
| ▁▃▅▂▂▄▆█ | Total Deposits ($M) | $108 | $114 | $119 | $112 | $113 | $117 | $122 | $128 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 9% |
| Agricultural | 9% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |