Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.69% | -0.08 | 1.77% |
| Return on Equity (%) | ▼ | 11.06% | -1.02 | 12.08% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.14 | 3.43% |
| Efficiency Ratio (%) | ▲ | 42.08% | -0.33 | 42.41% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $2 |
| Cost of Funds (%) | ▲ | 1.19% | -0.12 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $333 | +19.57 | $314 |
| Gross Loans ($M) | ▲ | $159 | +3.85 | $155 |
| Loan Growth YoY (%) | ▼ | 55.69% | -2.16 | 57.85% |
| Total Deposits ($M) | ▲ | $282 | +17.11 | $265 |
| Shareholders Equity ($M) | ▲ | $50 | +2.57 | $47 |
| Tang. Book Value ($M) | ▲ | $50 | +2.57 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +3.65 | $53 |
| Loan / Deposit Ratio (%) | ▼ | 55.69% | -2.16 | 57.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.10% | 0.01% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.00 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▅▁▃▆██ | Net Interest Margin (%) | 3.51% | 3.52% | 3.52% | 3.43% | 3.48% | 3.54% | 3.59% | 3.57% |
| ▅▃▂█▇█▇▁ | Return on Assets (%) | 1.74% | 1.71% | 1.70% | 1.77% | 1.76% | 1.76% | 1.75% | 1.69% |
| ▁▁▃▇▇▆█▆ | Efficiency Ratio (%) | 40.4% | 40.3% | 41.2% | 42.4% | 42.2% | 42.1% | 42.8% | 42.1% |
| ▁▆█▆▄▆▄▂ | Cost of Funds (%) | 1.13% | 1.30% | 1.37% | 1.31% | 1.23% | 1.30% | 1.25% | 1.19% |
| █▃▃▃▂▂▁▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% |
| █▃▂▃▂▁▁▁ | Net Charge-Off Ratio (%) | 0.05% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $44 | $46 | $46 | $47 | $48 | $49 | $50 | $50 |
| ▆▇█▁▃▆▇▂ | Gross Loans ($M) | $167 | $170 | $173 | $155 | $161 | $168 | $170 | $159 |
| ▂▇▆▁▁▁▂█ | Total Deposits ($M) | $269 | $278 | $276 | $265 | $267 | $266 | $269 | $282 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 14% |
| Agricultural | 24% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 8% |