Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.32% | -0.21 | 2.53% |
| Return on Equity (%) | ▼ | 35.48% | -9.86 | 45.34% |
| Net Interest Margin (%) | ▼ | 3.93% | -0.27 | 4.21% |
| Efficiency Ratio (%) | ▼ | 39.24% | +0.28 | 38.97% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 0.72% | -0.09 | 0.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $121 | +8.01 | $113 |
| Gross Loans ($M) | ▲ | $45 | +2.00 | $43 |
| Loan Growth YoY (%) | ▼ | 39.11% | -0.68 | 39.78% |
| Total Deposits ($M) | ▲ | $113 | +6.93 | $106 |
| Shareholders Equity ($M) | ▲ | $7 | +1.08 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +1.08 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +1.01 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 39.11% | -0.68 | 39.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.12% | +0.01 | 1.11% |
| Allowance / Loans (%) | — | 0.93% | -0.03% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 3.03% | +0.10 | 2.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.37% | -3.36 | 18.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▄▃▄▃▁ | Net Interest Margin (%) | 4.53% | 4.57% | 4.53% | 4.21% | 4.14% | 4.17% | 4.16% | 3.93% |
| ██▆▄▃▃▃▁ | Return on Assets (%) | 2.84% | 2.86% | 2.72% | 2.53% | 2.46% | 2.48% | 2.52% | 2.32% |
| ▁▁▆▆██▆▇ | Efficiency Ratio (%) | 36.4% | 36.1% | 38.9% | 39.0% | 40.0% | 39.9% | 38.9% | 39.2% |
| ▃▄▄▄▇█▃▁ | Cost of Funds (%) | 0.78% | 0.81% | 0.81% | 0.80% | 0.87% | 0.90% | 0.78% | 0.72% |
| ▃▅▅▁▇█▅▁ | NPA / Assets (%) | 1.14% | 1.17% | 1.16% | 1.11% | 1.19% | 1.21% | 1.16% | 1.12% |
| ▁▂▆▆█▆▆█ | Net Charge-Off Ratio (%) | 2.69% | 2.74% | 2.92% | 2.93% | 3.00% | 2.93% | 2.94% | 3.03% |
| ▁▄▃▄▄▅█▇ | Tang. Book Value ($M) | $5 | $6 | $6 | $6 | $6 | $7 | $8 | $7 |
| █▇▁▁▆█▇▄ | Gross Loans ($M) | $47 | $46 | $43 | $43 | $45 | $46 | $46 | $45 |
| ▃▁▁▄▅▃▆█ | Total Deposits ($M) | $105 | $100 | $101 | $106 | $108 | $105 | $109 | $113 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 44% |
| C&I / Commercial | 10% |
| Agricultural | 38% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 4% |