Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.34 | 0.66% |
| Return on Equity (%) | ▲ | 12.19% | +4.02 | 8.17% |
| Net Interest Margin (%) | ▲ | 4.85% | +0.57 | 4.28% |
| Efficiency Ratio (%) | ▲ | 71.76% | -5.84 | 77.60% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $0 |
| Cost of Funds (%) | ▲ | 1.58% | -0.14 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $177 | +11.68 | $166 |
| Gross Loans ($M) | ▲ | $137 | +11.36 | $125 |
| Loan Growth YoY (%) | ▲ | 89.19% | +2.02 | 87.17% |
| Total Deposits ($M) | ▲ | $152 | +9.39 | $143 |
| Shareholders Equity ($M) | ▲ | $15 | +1.13 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.13 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 89.19% | +2.02 | 87.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.18% | +0.82 | 0.36% |
| Allowance / Loans (%) | — | 0.94% | -0.01% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 1.53% | +1.05 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.68% | -0.32 | 11.00% |
Noninterest income ($0.35M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 4.02% | 4.12% | 4.14% | 4.28% | 4.37% | 4.47% | 4.76% | 4.85% |
| ▁▁▁▂▃▄▅█ | Return on Assets (%) | 0.56% | 0.62% | 0.60% | 0.66% | 0.70% | 0.74% | 0.82% | 1.01% |
| ██▇▆▅▅▃▁ | Efficiency Ratio (%) | 81.0% | 80.6% | 79.1% | 77.6% | 77.3% | 77.1% | 74.8% | 71.8% |
| █▆▆▅▆▄▁▁ | Cost of Funds (%) | 1.83% | 1.73% | 1.75% | 1.72% | 1.73% | 1.68% | 1.55% | 1.58% |
| ▂▁▂▂▅▅▄█ | NPA / Assets (%) | 0.38% | 0.19% | 0.32% | 0.36% | 0.75% | 0.71% | 0.64% | 1.18% |
| ▂▁▂▂▅▅▄█ | Net Charge-Off Ratio (%) | 0.49% | 0.24% | 0.41% | 0.48% | 0.98% | 0.91% | 0.83% | 1.53% |
| ▁▁▁▃▅▇▆█ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $14 | $15 |
| ▁▂▁▃▄▅▆█ | Gross Loans ($M) | $122 | $124 | $122 | $125 | $129 | $131 | $132 | $137 |
| ▁▁▁▄▆▃▇█ | Total Deposits ($M) | $138 | $136 | $137 | $143 | $146 | $142 | $148 | $152 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 17% |