Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.02 | 0.84% |
| Return on Equity (%) | ▲ | 8.17% | +0.21 | 7.96% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.06 | 4.39% |
| Efficiency Ratio (%) | ▲ | 74.47% | -1.09 | 75.56% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 1.81% | -0.01 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $445 | +11.84 | $433 |
| Gross Loans ($M) | ▼ | $343 | -3.12 | $346 |
| Loan Growth YoY (%) | ▼ | 100.06% | -6.10 | 106.16% |
| Total Deposits ($M) | ▲ | $338 | +16.41 | $322 |
| Shareholders Equity ($M) | ▲ | $47 | +0.37 | $46 |
| Tang. Book Value ($M) | ▲ | $45 | +0.37 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +1.46 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 100.06% | -6.10 | 106.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.30 | 0.54% |
| Allowance / Loans (%) | — | 1.19% | 0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.40% | -0.28 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▂▆██▅ | Net Interest Margin (%) | 4.37% | 4.41% | 4.44% | 4.39% | 4.47% | 4.50% | 4.51% | 4.45% |
| ▁█▆▁██▆▂ | Return on Assets (%) | 0.84% | 0.94% | 0.91% | 0.84% | 0.93% | 0.94% | 0.90% | 0.86% |
| ▄▁▄█▃▂▂▅ | Efficiency Ratio (%) | 74.2% | 73.1% | 74.1% | 75.6% | 73.8% | 73.6% | 73.7% | 74.5% |
| ▅█▄▃▁▁▁▃ | Cost of Funds (%) | 1.88% | 1.99% | 1.85% | 1.82% | 1.75% | 1.75% | 1.75% | 1.81% |
| ▁▁▁▅▅█▆█ | NPA / Assets (%) | 0.06% | 0.06% | 0.11% | 0.54% | 0.51% | 0.82% | 0.59% | 0.84% |
| ▁▁▁█▁▆▆▅ | Net Charge-Off Ratio (%) | 0.08% | 0.07% | 0.13% | 0.68% | 0.07% | 0.46% | 0.52% | 0.40% |
| ▁▃▅▆▅▇█▇ | Tang. Book Value ($M) | $42 | $43 | $44 | $44 | $44 | $45 | $46 | $45 |
| ▆▇█▅▄▃▁▃ | Gross Loans ($M) | $348 | $348 | $351 | $346 | $344 | $343 | $340 | $343 |
| ▁▃▄▁▄▄█▆ | Total Deposits ($M) | $325 | $328 | $334 | $322 | $331 | $332 | $346 | $338 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 14% |