Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.66% | +0.24 | 1.42% |
| Return on Equity (%) | ▲ | 14.47% | +1.56 | 12.91% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.26 | 3.00% |
| Efficiency Ratio (%) | ▲ | 50.19% | -3.44 | 53.63% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 1.94% | -0.24 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $218 | +15.62 | $202 |
| Gross Loans ($M) | ▲ | $160 | +3.86 | $157 |
| Loan Growth YoY (%) | ▼ | 82.01% | -5.00 | 87.01% |
| Total Deposits ($M) | ▲ | $192 | +15.44 | $177 |
| Shareholders Equity ($M) | ▲ | $24 | +2.25 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +2.25 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.51 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 82.01% | -5.00 | 87.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.35% | +0.86 | 0.48% |
| Allowance / Loans (%) | — | 1.69% | -0.01% | 1.70% |
| Net Charge-Off Ratio (%) | ▼ | 1.37% | +0.75 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▇██▇ | Net Interest Margin (%) | 2.83% | 2.88% | 2.91% | 3.00% | 3.23% | 3.31% | 3.34% | 3.25% |
| ▁▁▁▂▇██▇ | Return on Assets (%) | 1.35% | 1.37% | 1.38% | 1.42% | 1.65% | 1.75% | 1.75% | 1.66% |
| ▇▇▇█▃▁▁▃ | Efficiency Ratio (%) | 52.3% | 52.4% | 52.4% | 53.6% | 49.7% | 48.2% | 48.5% | 50.2% |
| ▇██▅▆▄▃▁ | Cost of Funds (%) | 2.34% | 2.42% | 2.40% | 2.18% | 2.24% | 2.16% | 2.12% | 1.94% |
| ▅▃▃▃▁▁▃█ | NPA / Assets (%) | 0.83% | 0.59% | 0.52% | 0.48% | 0.17% | 0.18% | 0.52% | 1.35% |
| ▆▄▃▃▁▁▁█ | Net Charge-Off Ratio (%) | 1.03% | 0.72% | 0.63% | 0.63% | 0.21% | 0.22% | 0.20% | 1.37% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $20 | $21 | $21 | $21 | $22 | $23 | $23 | $23 |
| ▂▃▄▁▄▅█▄ | Gross Loans ($M) | $159 | $160 | $161 | $157 | $161 | $162 | $166 | $160 |
| ▁▁▁▃▂▂▄█ | Total Deposits ($M) | $173 | $170 | $170 | $177 | $174 | $176 | $179 | $192 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 10% |
| Agricultural | 14% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 9% |