Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.23 | 0.91% |
| Return on Equity (%) | ▲ | 11.68% | +2.31 | 9.37% |
| Net Interest Margin (%) | ▲ | 4.55% | +0.11 | 4.44% |
| Efficiency Ratio (%) | ▲ | 58.70% | -2.24 | 60.93% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.41% | -0.23 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +2.98 | $149 |
| Gross Loans ($M) | ▼ | $106 | -3.85 | $109 |
| Loan Growth YoY (%) | ▼ | 80.80% | -4.17 | 84.97% |
| Total Deposits ($M) | ▲ | $129 | +1.41 | $127 |
| Shareholders Equity ($M) | ▲ | $14 | +0.06 | $14 |
| Tang. Book Value ($M) | ▲ | $14 | +0.12 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.83 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 80.80% | -4.17 | 84.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.28% | -0.24 | 1.52% |
| Allowance / Loans (%) | — | 1.58% | 0.34% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 1.85% | -0.06 | 1.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.07% | +0.64 | 12.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▁▁▄▅███ | Net Interest Margin (%) | 4.49% | 4.36% | 4.34% | 4.44% | 4.47% | 4.57% | 4.56% | 4.55% |
| ▄▂▁▆▅▆▄█ | Return on Assets (%) | 0.74% | 0.61% | 0.46% | 0.91% | 0.81% | 0.93% | 0.72% | 1.14% |
| ▃▄█▂▃▂█▁ | Efficiency Ratio (%) | 61.8% | 64.4% | 70.5% | 60.9% | 62.6% | 61.5% | 69.8% | 58.7% |
| ▆█▇▅▆▅▃▁ | Cost of Funds (%) | 1.69% | 1.79% | 1.74% | 1.64% | 1.67% | 1.61% | 1.54% | 1.41% |
| ▇█▆▂▁▂▁▁ | NPA / Assets (%) | 2.19% | 2.48% | 2.11% | 1.52% | 1.35% | 1.56% | 1.35% | 1.28% |
| ▆█▅▁▁▃▁▁ | Net Charge-Off Ratio (%) | 2.65% | 3.09% | 2.62% | 1.91% | 1.85% | 2.18% | 1.85% | 1.85% |
| ▁▃▃▁▃██▂ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $14 | $15 | $15 | $14 |
| █▆▆▃▂▁▃▂ | Gross Loans ($M) | $121 | $116 | $116 | $109 | $107 | $103 | $108 | $106 |
| ▄▂▄▇▃▁▅█ | Total Deposits ($M) | $124 | $121 | $123 | $127 | $123 | $119 | $125 | $129 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 24% |
| C&I / Commercial | 68% |
| Agricultural | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 5% |