Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.11 | 1.57% |
| Return on Equity (%) | ▲ | 18.85% | +0.06 | 18.79% |
| Net Interest Margin (%) | ▼ | 4.61% | -0.02 | 4.63% |
| Efficiency Ratio (%) | ▲ | 60.82% | -1.70 | 62.53% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $2 |
| Cost of Funds (%) | ▼ | 1.01% | +0.02 | 0.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $486 | +42.93 | $443 |
| Gross Loans ($M) | ▲ | $310 | +4.07 | $306 |
| Loan Growth YoY (%) | ▼ | 69.27% | -5.60 | 74.88% |
| Total Deposits ($M) | ▲ | $440 | +37.98 | $402 |
| Shareholders Equity ($M) | ▲ | $43 | +4.59 | $38 |
| Tang. Book Value ($M) | ▲ | $43 | +4.59 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +4.02 | $42 |
| Loan / Deposit Ratio (%) | ▼ | 69.27% | -5.60 | 74.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.90% | -0.41 | 1.31% |
| Allowance / Loans (%) | — | 1.74% | 0.07% | 1.68% |
| Net Charge-Off Ratio (%) | ▲ | 1.41% | -0.49 | 1.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.11% | +0.39 | 13.72% |
Noninterest income ($1.01M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇█▆▅ | Net Interest Margin (%) | 4.43% | 4.45% | 4.41% | 4.63% | 4.73% | 4.80% | 4.68% | 4.61% |
| ▅██▁▆█▅▆ | Return on Assets (%) | 1.66% | 1.72% | 1.72% | 1.57% | 1.69% | 1.71% | 1.66% | 1.68% |
| █▇▆▄▃▃▁▁ | Efficiency Ratio (%) | 64.4% | 63.9% | 63.4% | 62.5% | 62.0% | 62.0% | 60.8% | 60.8% |
| ██▅▁▂▁▁▁ | Cost of Funds (%) | 1.35% | 1.34% | 1.16% | 0.99% | 1.05% | 0.96% | 0.98% | 1.01% |
| ▁▁▃██▅▆▆ | NPA / Assets (%) | 0.09% | 0.08% | 0.43% | 1.31% | 1.28% | 0.82% | 0.92% | 0.90% |
| ▁▁▃██▅▆▆ | Net Charge-Off Ratio (%) | 0.14% | 0.13% | 0.63% | 1.89% | 1.80% | 1.19% | 1.37% | 1.41% |
| ▂▁▂▄█▇▇█ | Tang. Book Value ($M) | $36 | $35 | $37 | $38 | $42 | $41 | $42 | $43 |
| ▁▁▄▇████ | Gross Loans ($M) | $278 | $278 | $292 | $306 | $314 | $314 | $311 | $310 |
| ▁▁▂▃▃▄▆█ | Total Deposits ($M) | $384 | $387 | $396 | $402 | $398 | $409 | $422 | $440 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 5% |