Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.68% | -0.07 | 0.76% |
| Return on Equity (%) | ▼ | 7.03% | -1.31 | 8.34% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.03 | 3.51% |
| Efficiency Ratio (%) | ▼ | 74.93% | +3.10 | 71.83% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 2.36% | -0.25 | 2.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $154 | -1.55 | $156 |
| Gross Loans ($M) | ▼ | $118 | -2.69 | $121 |
| Loan Growth YoY (%) | ▼ | 92.07% | -2.97 | 95.05% |
| Total Deposits ($M) | ▲ | $127 | +1.22 | $126 |
| Shareholders Equity ($M) | ▲ | $15 | +1.07 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.07 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 92.07% | -2.97 | 95.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.87% | +0.77 | 1.11% |
| Allowance / Loans (%) | — | 0.81% | -0.03% | 0.84% |
| Net Charge-Off Ratio (%) | ▼ | 2.44% | +1.02 | 1.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.24M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃█▆▅▅▆▇ | Net Interest Margin (%) | 3.29% | 3.37% | 3.60% | 3.51% | 3.47% | 3.46% | 3.50% | 3.54% |
| ▁▄█▃▄▁▁▁ | Return on Assets (%) | 0.67% | 0.80% | 0.97% | 0.76% | 0.77% | 0.68% | 0.65% | 0.68% |
| ▅▃▁▆▅▇██ | Efficiency Ratio (%) | 71.4% | 69.5% | 66.4% | 71.8% | 71.0% | 72.9% | 74.9% | 74.9% |
| ▃▆▃▆█▆▁▁ | Cost of Funds (%) | 2.47% | 2.59% | 2.46% | 2.61% | 2.72% | 2.59% | 2.38% | 2.36% |
| ▁▂▁▄█▇▇█ | NPA / Assets (%) | 0.46% | 0.72% | 0.49% | 1.11% | 1.90% | 1.64% | 1.54% | 1.87% |
| ▁▂▁▄█▇▇█ | Net Charge-Off Ratio (%) | 0.57% | 0.87% | 0.60% | 1.42% | 2.39% | 2.15% | 2.02% | 2.44% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $13 | $13 | $14 | $14 | $14 | $15 | $15 | $15 |
| ▁▆█▇▆▅▅▅ | Gross Loans ($M) | $111 | $120 | $124 | $121 | $120 | $117 | $117 | $118 |
| ▁▂▆▇▇█▇▇ | Total Deposits ($M) | $107 | $113 | $123 | $126 | $128 | $132 | $127 | $127 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 16% |