Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.33 | 0.34% |
| Return on Equity (%) | ▲ | 8.73% | +3.78 | 4.95% |
| Net Interest Margin (%) | ▲ | 3.34% | +0.52 | 2.82% |
| Efficiency Ratio (%) | ▲ | 82.57% | -7.83 | 90.40% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $0 |
| Cost of Funds (%) | ▲ | 0.94% | -0.20 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $355 | +22.07 | $333 |
| Gross Loans ($M) | ▲ | $144 | +5.31 | $138 |
| Loan Growth YoY (%) | ▲ | 45.76% | +1.09 | 44.68% |
| Total Deposits ($M) | ▲ | $312 | +4.34 | $308 |
| Shareholders Equity ($M) | ▲ | $26 | +2.59 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.59 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.71 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 45.76% | +1.09 | 44.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.06 | 0.48% |
| Allowance / Loans (%) | — | 0.65% | -0.04% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 0.67% | +0.22 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.51% | +0.49 | 20.02% |
Noninterest income ($0.54M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▂▃▅██ | Net Interest Margin (%) | 3.17% | 3.08% | 2.72% | 2.82% | 2.95% | 3.05% | 3.31% | 3.34% |
| █▆▁▂▃▃▄▅ | Return on Assets (%) | 1.15% | 0.86% | 0.19% | 0.34% | 0.43% | 0.50% | 0.64% | 0.67% |
| ▁▃█▇▆▅▄▄ | Efficiency Ratio (%) | 74.1% | 80.1% | 94.5% | 90.4% | 88.1% | 86.5% | 83.8% | 82.6% |
| ██▅▄▃▂▁▁ | Cost of Funds (%) | 1.52% | 1.48% | 1.26% | 1.14% | 1.07% | 0.95% | 0.86% | 0.94% |
| ▆▂▁▁▇█▅▆ | NPA / Assets (%) | 0.55% | 0.48% | 0.47% | 0.48% | 0.57% | 0.59% | 0.53% | 0.54% |
| █▂▁▁▆▇▄▇ | Net Charge-Off Ratio (%) | 0.72% | 0.49% | 0.45% | 0.45% | 0.63% | 0.66% | 0.58% | 0.67% |
| █▁▃▄▆▇▇▇ | Tang. Book Value ($M) | $28 | $22 | $23 | $24 | $26 | $26 | $26 | $26 |
| ▆▁▁▄▇███ | Gross Loans ($M) | $141 | $134 | $134 | $138 | $142 | $145 | $145 | $144 |
| ▅▃█▄▁▁▅▇ | Total Deposits ($M) | $310 | $306 | $315 | $308 | $303 | $303 | $310 | $312 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 18% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |