Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.12% | +0.25 | 0.86% |
| Return on Equity (%) | ▲ | 9.67% | +0.80 | 8.87% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.49 | 3.33% |
| Efficiency Ratio (%) | ▲ | 70.82% | -2.64 | 73.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 0.93% | -0.19 | 1.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $204 | -6.47 | $210 |
| Gross Loans ($M) | ▼ | $118 | -1.78 | $120 |
| Loan Growth YoY (%) | ▼ | 65.47% | -1.68 | 67.15% |
| Total Deposits ($M) | ▲ | $178 | +1.57 | $176 |
| Shareholders Equity ($M) | ▲ | $24 | +1.89 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +1.89 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.66 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 65.47% | -1.68 | 67.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.03 | 0.17% |
| Allowance / Loans (%) | — | 1.08% | 0.15% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.06 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.30M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 2.95% | 3.03% | 3.23% | 3.33% | 3.41% | 3.48% | 3.75% | 3.81% |
| ▁▁▁▃▄▄██ | Return on Assets (%) | 0.77% | 0.77% | 0.77% | 0.86% | 0.93% | 0.91% | 1.11% | 1.12% |
| ██▅▇▁▄▄▁ | Efficiency Ratio (%) | 74.0% | 73.8% | 72.6% | 73.5% | 71.1% | 72.1% | 72.2% | 70.8% |
| ▆█▇▇█▄▁▂ | Cost of Funds (%) | 1.08% | 1.16% | 1.12% | 1.12% | 1.16% | 1.02% | 0.90% | 0.93% |
| ▂▂▁▁▂█▂▁ | NPA / Assets (%) | 0.29% | 0.24% | 0.11% | 0.17% | 0.25% | 0.89% | 0.28% | 0.14% |
| ▃▂▁▁▂█▂▁ | Net Charge-Off Ratio (%) | 0.55% | 0.42% | 0.20% | 0.30% | 0.43% | 1.49% | 0.50% | 0.24% |
| ▃▁▃▅▆███ | Tang. Book Value ($M) | $21 | $19 | $21 | $22 | $23 | $23 | $23 | $24 |
| ▁█▆▆▅▇▄▅ | Gross Loans ($M) | $112 | $122 | $119 | $120 | $118 | $121 | $116 | $118 |
| ▇▁▅▁▆▂█▃ | Total Deposits ($M) | $181 | $176 | $180 | $176 | $181 | $178 | $182 | $178 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 23% |
| Agricultural | 4% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 9% |