Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.94% | +0.86 | 2.08% |
| Return on Equity (%) | ▲ | 16.96% | +4.11 | 12.85% |
| Net Interest Margin (%) | ▲ | 4.83% | +0.85 | 3.98% |
| Efficiency Ratio (%) | ▲ | 45.27% | -8.44 | 53.71% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.78% | -0.25 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $175 | -4.45 | $180 |
| Gross Loans ($M) | ▼ | $115 | -17.67 | $133 |
| Loan Growth YoY (%) | ▼ | 78.91% | -8.94 | 87.85% |
| Total Deposits ($M) | ▼ | $143 | -6.22 | $149 |
| Shareholders Equity ($M) | ▲ | $31 | +1.78 | $29 |
| Tang. Book Value ($M) | ▲ | $31 | +1.78 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 78.91% | -8.94 | 87.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.15% | -1.82 | 3.97% |
| Allowance / Loans (%) | — | 1.82% | 0.69% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 3.07% | -1.98 | 5.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▁▂▂█▆ | Net Interest Margin (%) | 4.18% | 4.23% | 3.82% | 3.98% | 4.06% | 4.07% | 5.37% | 4.83% |
| ▄▃▃▄▁▁█▇ | Return on Assets (%) | 2.13% | 1.96% | 2.01% | 2.08% | 1.22% | 1.42% | 3.41% | 2.94% |
| ██▇███▁▃ | Efficiency Ratio (%) | 53.6% | 53.8% | 53.4% | 53.7% | 54.9% | 55.1% | 41.2% | 45.3% |
| ██▆▅▆▄▂▁ | Cost of Funds (%) | 2.19% | 2.22% | 2.09% | 2.03% | 2.08% | 1.99% | 1.84% | 1.78% |
| ▃▆▇█▆▅▂▁ | NPA / Assets (%) | 2.82% | 3.30% | 3.61% | 3.97% | 3.47% | 3.21% | 2.56% | 2.15% |
| ▁▄▇█▆▆▃▁ | Net Charge-Off Ratio (%) | 3.16% | 3.95% | 4.64% | 5.05% | 4.48% | 4.44% | 3.66% | 3.07% |
| ▁▁▃▄▃▄██ | Tang. Book Value ($M) | $28 | $28 | $29 | $29 | $29 | $30 | $31 | $31 |
| ██▇▇▅▃▁▁ | Gross Loans ($M) | $137 | $135 | $132 | $133 | $127 | $121 | $117 | $115 |
| ▁▄█▇▃▄▄▁ | Total Deposits ($M) | $143 | $146 | $151 | $149 | $146 | $147 | $146 | $143 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 13% |
| Agricultural | 6% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |