Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.26 | 1.21% |
| Return on Equity (%) | ▲ | 14.42% | +2.55 | 11.87% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.14 | 3.64% |
| Efficiency Ratio (%) | ▲ | 69.73% | -3.97 | 73.70% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.71% | -0.15 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $164 | +8.22 | $156 |
| Gross Loans ($M) | ▲ | $110 | +2.84 | $108 |
| Loan Growth YoY (%) | ▼ | 75.37% | -2.15 | 77.52% |
| Total Deposits ($M) | ▲ | $145 | +7.82 | $137 |
| Shareholders Equity ($M) | ▲ | $16 | +0.39 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +0.38 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 75.37% | -2.15 | 77.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.08 | 0.33% |
| Allowance / Loans (%) | — | 0.90% | -0.11% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.11 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.43M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▆▇██ | Net Interest Margin (%) | 3.34% | 3.44% | 3.53% | 3.64% | 3.64% | 3.70% | 3.78% | 3.78% |
| ▆▆▁▃▅▅█▆ | Return on Assets (%) | 1.43% | 1.44% | 0.98% | 1.21% | 1.34% | 1.36% | 1.68% | 1.47% |
| ▁▁█▆▄▅▃▃ | Efficiency Ratio (%) | 65.3% | 66.6% | 77.7% | 73.7% | 70.8% | 71.6% | 68.9% | 69.7% |
| ▇█▅▅▄▃▁▁ | Cost of Funds (%) | 1.91% | 1.96% | 1.84% | 1.86% | 1.82% | 1.79% | 1.71% | 1.71% |
| █▆▅▆▅▆▄▁ | NPA / Assets (%) | 0.36% | 0.33% | 0.31% | 0.33% | 0.31% | 0.32% | 0.30% | 0.24% |
| █▆▆▆▅▅▄▁ | Net Charge-Off Ratio (%) | 0.53% | 0.47% | 0.47% | 0.47% | 0.46% | 0.45% | 0.45% | 0.36% |
| ▆▁▂▆█▆▆█ | Tang. Book Value ($M) | $15 | $15 | $15 | $15 | $16 | $15 | $15 | $16 |
| ▁▂▁▅▅▄▅█ | Gross Loans ($M) | $103 | $105 | $104 | $108 | $108 | $107 | $108 | $110 |
| ▁▁▆▄▆▂██ | Total Deposits ($M) | $131 | $130 | $140 | $137 | $140 | $132 | $144 | $145 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 2% |
| Agricultural | 5% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 8% |