Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.11 | 1.67% |
| Return on Equity (%) | ▲ | 13.11% | +0.24 | 12.87% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.12 | 4.15% |
| Efficiency Ratio (%) | ▲ | 43.12% | -2.05 | 45.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.83% | -0.08 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $227 | +11.62 | $215 |
| Gross Loans ($M) | ▲ | $169 | +21.15 | $148 |
| Loan Growth YoY (%) | ▲ | 85.57% | +6.89 | 78.68% |
| Total Deposits ($M) | ▲ | $195 | +9.44 | $186 |
| Shareholders Equity ($M) | ▲ | $30 | +2.19 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +2.19 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.20 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 85.57% | +6.89 | 78.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.01 | 0.24% |
| Allowance / Loans (%) | — | 1.28% | 0.01% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.31% | -0.04 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▄▆██▇ | Net Interest Margin (%) | 4.04% | 4.11% | 4.14% | 4.15% | 4.22% | 4.29% | 4.31% | 4.27% |
| █▆▄▁▁▁▁▁ | Return on Assets (%) | 2.61% | 2.31% | 2.02% | 1.67% | 1.71% | 1.74% | 1.77% | 1.77% |
| ▁▃██▇▇▇▆ | Efficiency Ratio (%) | 36.4% | 39.2% | 45.5% | 45.2% | 44.4% | 43.9% | 43.3% | 43.1% |
| ▆█▆▅▅▅▃▁ | Cost of Funds (%) | 1.94% | 2.00% | 1.95% | 1.92% | 1.92% | 1.92% | 1.89% | 1.83% |
| ▃█▁▁▁▅▆▁ | NPA / Assets (%) | 0.53% | 1.43% | 0.21% | 0.24% | 0.36% | 0.92% | 0.99% | 0.23% |
| ▃█▁▁▁▅▅▁ | Net Charge-Off Ratio (%) | 0.77% | 1.98% | 0.31% | 0.35% | 0.49% | 1.26% | 1.34% | 0.31% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $27 | $27 | $27 | $28 | $29 | $29 | $30 | $30 |
| ▁▃▃▃▅▅▆█ | Gross Loans ($M) | $140 | $148 | $148 | $148 | $155 | $156 | $160 | $169 |
| ▁▁▄▅▄▄▄█ | Total Deposits ($M) | $176 | $176 | $184 | $186 | $185 | $184 | $185 | $195 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 5% |
| Agricultural | 14% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |