Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.82% | -0.12 | 1.95% |
| Return on Equity (%) | ▼ | 13.09% | -1.99 | 15.08% |
| Net Interest Margin (%) | ▼ | 5.10% | -0.19 | 5.28% |
| Efficiency Ratio (%) | ▼ | 57.87% | +0.99 | 56.88% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.07 | $1 |
| Cost of Funds (%) | ▲ | 0.93% | -0.11 | 1.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +9.73 | $166 |
| Gross Loans ($M) | ▼ | $98 | -0.42 | $99 |
| Loan Growth YoY (%) | ▼ | 64.88% | -3.51 | 68.40% |
| Total Deposits ($M) | ▲ | $150 | +7.32 | $143 |
| Shareholders Equity ($M) | ▲ | $25 | +2.46 | $22 |
| Tang. Book Value ($M) | ▲ | $25 | +2.46 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.54 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 64.88% | -3.51 | 68.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.18 | 0.43% |
| Allowance / Loans (%) | — | 0.68% | -0.14% | 0.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.46% | -0.27 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.43M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▆▇▆▁▂ | Net Interest Margin (%) | 5.43% | 5.40% | 5.15% | 5.28% | 5.34% | 5.29% | 5.04% | 5.10% |
| ▇▄▁▆█▅▂▂ | Return on Assets (%) | 1.97% | 1.87% | 1.77% | 1.95% | 2.01% | 1.92% | 1.81% | 1.82% |
| ▄██▂▁▄▆▅ | Efficiency Ratio (%) | 57.6% | 59.6% | 59.7% | 56.9% | 56.0% | 57.8% | 58.7% | 57.9% |
| ▇█▆▇▇▆▅▁ | Cost of Funds (%) | 1.04% | 1.07% | 1.03% | 1.04% | 1.04% | 1.03% | 1.00% | 0.93% |
| ▂▂▁█▄▃▁▂ | NPA / Assets (%) | 0.26% | 0.26% | 0.23% | 0.43% | 0.31% | 0.29% | 0.25% | 0.26% |
| ▁▂▁█▄▃▁▂ | Net Charge-Off Ratio (%) | 0.43% | 0.44% | 0.39% | 0.72% | 0.52% | 0.49% | 0.42% | 0.46% |
| ▂▁▂▄▇▇▇█ | Tang. Book Value ($M) | $21 | $20 | $21 | $22 | $24 | $24 | $24 | $25 |
| ▁▁▂▄▅▇█▄ | Gross Loans ($M) | $95 | $95 | $96 | $99 | $99 | $101 | $103 | $98 |
| ▁▁▅▄▃▆▇█ | Total Deposits ($M) | $137 | $139 | $145 | $143 | $142 | $147 | $148 | $150 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 3% |
| Agricultural | 2% |
| Consumer | 9% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 6% |