Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.32 | 0.75% |
| Return on Equity (%) | ▲ | 15.39% | +2.53 | 12.86% |
| Net Interest Margin (%) | ▲ | 4.53% | +0.32 | 4.21% |
| Efficiency Ratio (%) | ▲ | 72.34% | -4.59 | 76.92% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▼ | 0.65% | +0.01 | 0.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $188 | +1.67 | $186 |
| Gross Loans ($M) | ▲ | $128 | +6.37 | $122 |
| Loan Growth YoY (%) | ▲ | 77.68% | +6.54 | 71.15% |
| Total Deposits ($M) | ▼ | $163 | -6.34 | $169 |
| Shareholders Equity ($M) | ▲ | $14 | +2.45 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +2.47 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.29 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 77.68% | +6.54 | 71.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.13 | 0.00% |
| Allowance / Loans (%) | — | 1.13% | 0.13% | 1.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.88% | +0.03 | 12.85% |
Noninterest income ($0.39M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▆▆██ | Net Interest Margin (%) | 3.85% | 3.96% | 4.07% | 4.21% | 4.32% | 4.34% | 4.47% | 4.53% |
| ▁▂▁▂▅▃▇█ | Return on Assets (%) | 0.70% | 0.78% | 0.69% | 0.75% | 0.91% | 0.81% | 0.99% | 1.07% |
| █▇█▅▃▃▃▁ | Efficiency Ratio (%) | 79.9% | 78.4% | 80.3% | 76.9% | 74.4% | 74.7% | 74.4% | 72.3% |
| █▄▂▁▂▁▂▁ | Cost of Funds (%) | 0.86% | 0.72% | 0.69% | 0.63% | 0.69% | 0.65% | 0.67% | 0.65% |
| ▁▆▁▁▁▄▇█ | NPA / Assets (%) | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.06% | 0.11% | 0.13% |
| ▁█▁▁▁▆▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.15% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% |
| ▂▁▂▂▅▇▇█ | Tang. Book Value ($M) | $11 | $10 | $11 | $11 | $12 | $13 | $13 | $13 |
| ▄▁▁▄▅▆▇█ | Gross Loans ($M) | $121 | $116 | $117 | $122 | $123 | $124 | $126 | $128 |
| ▃▇▃▆▃█▆▁ | Total Deposits ($M) | $166 | $171 | $166 | $169 | $166 | $173 | $170 | $163 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 17% |
| Agricultural | 4% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 3% |