Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.27 | 1.51% |
| Return on Equity (%) | ▼ | 17.04% | -0.53 | 17.57% |
| Net Interest Margin (%) | ▲ | 3.40% | +0.10 | 3.29% |
| Efficiency Ratio (%) | ▲ | 50.82% | -7.36 | 58.18% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 0.88% | -0.05 | 0.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $135 | +11.00 | $124 |
| Gross Loans ($M) | ▲ | $57 | +1.31 | $55 |
| Loan Growth YoY (%) | ▼ | 47.11% | -2.15 | 49.26% |
| Total Deposits ($M) | ▲ | $119 | +7.85 | $111 |
| Shareholders Equity ($M) | ▲ | $14 | +3.11 | $11 |
| Tang. Book Value ($M) | ▲ | $14 | +3.11 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +3.04 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 47.11% | -2.15 | 49.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.06 | 0.14% |
| Allowance / Loans (%) | — | 1.15% | -0.03% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.12 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▅▄▆▇█ | Net Interest Margin (%) | 3.26% | 3.24% | 3.19% | 3.29% | 3.29% | 3.33% | 3.36% | 3.40% |
| ▂▁▁▂▂▂██ | Return on Assets (%) | 1.50% | 1.44% | 1.46% | 1.51% | 1.50% | 1.49% | 1.76% | 1.78% |
| ▆▇█▇▇▇▁▁ | Efficiency Ratio (%) | 56.7% | 58.0% | 60.1% | 58.2% | 57.9% | 58.3% | 50.5% | 50.8% |
| █▃▁▃▂▃▁▁ | Cost of Funds (%) | 1.07% | 0.93% | 0.87% | 0.93% | 0.90% | 0.93% | 0.88% | 0.88% |
| █▆▅▅▄▂▁▁ | NPA / Assets (%) | 0.19% | 0.16% | 0.14% | 0.14% | 0.12% | 0.10% | 0.09% | 0.08% |
| █▆▅▅▄▁▁▁ | Net Charge-Off Ratio (%) | 0.43% | 0.36% | 0.32% | 0.31% | 0.28% | 0.22% | 0.20% | 0.19% |
| ▅▁▃▂▇███ | Tang. Book Value ($M) | $12 | $10 | $11 | $11 | $13 | $14 | $14 | $14 |
| ▁▁▅▅███▇ | Gross Loans ($M) | $53 | $52 | $56 | $55 | $57 | $57 | $58 | $57 |
| ▁▂▆▄▇▆▇█ | Total Deposits ($M) | $106 | $109 | $114 | $111 | $117 | $115 | $117 | $119 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 24% |
| Agricultural | 8% |
| Consumer | 2% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 15% |