Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.61 | 0.81% |
| Return on Equity (%) | ▲ | 16.12% | +6.06 | 10.06% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.23 | 3.56% |
| Efficiency Ratio (%) | ▲ | 63.29% | -10.07 | 73.36% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.08 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $296 | +31.09 | $265 |
| Gross Loans ($M) | ▲ | $167 | +7.17 | $159 |
| Loan Growth YoY (%) | ▼ | 61.13% | -5.50 | 66.63% |
| Total Deposits ($M) | ▲ | $269 | +32.75 | $236 |
| Shareholders Equity ($M) | ▲ | $26 | +4.20 | $21 |
| Tang. Book Value ($M) | ▲ | $25 | +4.20 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +4.94 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 61.13% | -5.50 | 66.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.28 | 0.45% |
| Allowance / Loans (%) | — | 1.27% | 0.04% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 1.30% | +0.55 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.47M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▅▆▇▇█ | Net Interest Margin (%) | 3.38% | 3.31% | 3.32% | 3.56% | 3.64% | 3.72% | 3.70% | 3.79% |
| ▄▃▁▄▅▆▇█ | Return on Assets (%) | 0.85% | 0.75% | 0.39% | 0.81% | 0.97% | 1.03% | 1.26% | 1.41% |
| ▅▅█▄▃▃▂▁ | Efficiency Ratio (%) | 75.3% | 77.6% | 87.3% | 73.4% | 71.2% | 70.7% | 66.4% | 63.3% |
| ▂█▄▁▂▁▁▁ | Cost of Funds (%) | 1.89% | 2.41% | 2.07% | 1.82% | 1.84% | 1.81% | 1.78% | 1.74% |
| ▁▁▁▂██▆▅ | NPA / Assets (%) | 0.34% | 0.40% | 0.35% | 0.45% | 0.95% | 0.97% | 0.78% | 0.73% |
| ▁▁▁▂██▇▆ | Net Charge-Off Ratio (%) | 0.60% | 0.68% | 0.59% | 0.74% | 1.56% | 1.58% | 1.36% | 1.30% |
| ▅▁▂▂▇███ | Tang. Book Value ($M) | $23 | $20 | $21 | $21 | $24 | $24 | $25 | $25 |
| ▁▁▃▄▆██▇ | Gross Loans ($M) | $149 | $151 | $157 | $159 | $164 | $168 | $171 | $167 |
| ▁▁▃▃▃▂██ | Total Deposits ($M) | $228 | $223 | $239 | $236 | $238 | $231 | $271 | $269 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 23% |