Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.13% | -0.47 | 2.61% |
| Return on Equity (%) | ▼ | 21.84% | -3.68 | 25.52% |
| Net Interest Margin (%) | ▼ | 6.04% | -0.25 | 6.29% |
| Efficiency Ratio (%) | ▼ | 55.13% | +4.07 | 51.06% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.24% | +0.10 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $119 | +10.12 | $109 |
| Gross Loans ($M) | ▲ | $97 | +6.34 | $91 |
| Loan Growth YoY (%) | ▼ | 90.09% | -2.88 | 92.98% |
| Total Deposits ($M) | ▲ | $107 | +10.06 | $97 |
| Shareholders Equity ($M) | ▼ | $12 | -0.03 | $12 |
| Tang. Book Value ($M) | ▼ | $12 | -0.03 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 90.09% | -2.88 | 92.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.43 | 0.45% |
| Allowance / Loans (%) | — | 1.16% | -0.00% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.86% | +0.66 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -15.48 | 15.48% |
Noninterest income ($0.28M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▆▃▇██▁▂ | Net Interest Margin (%) | 6.17% | 6.25% | 6.09% | 6.29% | 6.34% | 6.34% | 5.99% | 6.04% |
| ██▇█▇▆▁▁ | Return on Assets (%) | 2.62% | 2.64% | 2.52% | 2.61% | 2.52% | 2.50% | 2.09% | 2.13% |
| ▁▁▃▃▃▃█▇ | Efficiency Ratio (%) | 49.0% | 49.2% | 51.4% | 51.1% | 51.3% | 51.5% | 56.5% | 55.1% |
| ▁▄▄▂▄▆▅█ | Cost of Funds (%) | 1.11% | 1.17% | 1.16% | 1.14% | 1.16% | 1.20% | 1.19% | 1.24% |
| ▅▆▁▄▃▂▂█ | NPA / Assets (%) | 0.59% | 0.62% | 0.17% | 0.45% | 0.38% | 0.32% | 0.30% | 0.88% |
| ▇▇▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.76% | 0.76% | 0.22% | 0.20% | 0.21% | 0.20% | 0.19% | 0.86% |
| ▇▁▃▆█▁▄▆ | Tang. Book Value ($M) | $12 | $10 | $11 | $12 | $13 | $11 | $11 | $12 |
| ▂▂▁▅▃▆▇█ | Gross Loans ($M) | $87 | $88 | $85 | $91 | $88 | $94 | $96 | $97 |
| ▃▁▁▁▁▃▅█ | Total Deposits ($M) | $100 | $97 | $98 | $97 | $98 | $100 | $103 | $107 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 16% |