Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.38 | 0.87% |
| Return on Equity (%) | ▲ | 11.38% | +2.48 | 8.90% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.14 | 4.13% |
| Efficiency Ratio (%) | ▲ | 70.44% | -2.65 | 73.10% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.20 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $125 | +0.74 | $124 |
| Gross Loans ($M) | ▼ | $94 | -2.38 | $96 |
| Loan Growth YoY (%) | ▼ | 85.94% | -5.71 | 91.65% |
| Total Deposits ($M) | ▲ | $107 | +3.81 | $103 |
| Shareholders Equity ($M) | ▲ | $14 | +1.14 | $13 |
| Tang. Book Value ($M) | ▲ | $12 | +1.12 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 85.94% | -5.71 | 91.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.24 | 0.54% |
| Allowance / Loans (%) | — | 2.20% | 0.28% | 1.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.06 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.28M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇▇▇▇█ | Net Interest Margin (%) | 3.70% | 3.77% | 4.05% | 4.13% | 4.15% | 4.15% | 4.20% | 4.28% |
| ▄▁▄▅▆▆▇█ | Return on Assets (%) | 0.77% | 0.40% | 0.82% | 0.87% | 1.01% | 0.99% | 1.06% | 1.25% |
| █▇▄▅▁▂▅▁ | Efficiency Ratio (%) | 74.8% | 74.1% | 72.4% | 73.1% | 70.8% | 71.3% | 73.0% | 70.4% |
| ██▄▃▃▄▂▁ | Cost of Funds (%) | 2.34% | 2.39% | 2.05% | 2.04% | 2.04% | 2.08% | 1.92% | 1.83% |
| ▂▁▁█▁▂▂▁ | NPA / Assets (%) | 0.33% | 0.30% | 0.31% | 0.54% | 0.28% | 0.33% | 0.33% | 0.31% |
| ▇▆▁█▆██▇ | Net Charge-Off Ratio (%) | 0.43% | 0.38% | 0.16% | 0.47% | 0.37% | 0.45% | 0.43% | 0.41% |
| ▃▁▁▃▇█▇█ | Tang. Book Value ($M) | $11 | $10 | $11 | $11 | $12 | $12 | $12 | $12 |
| █▆▆▄▃▁▁▂ | Gross Loans ($M) | $101 | $98 | $99 | $96 | $95 | $92 | $93 | $94 |
| █▄▄▁▂▃▁▆ | Total Deposits ($M) | $109 | $106 | $105 | $103 | $104 | $105 | $103 | $107 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 15% |