Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.20 | 1.47% |
| Return on Equity (%) | ▼ | 9.87% | -2.32 | 12.19% |
| Net Interest Margin (%) | ▲ | 7.11% | +0.48 | 6.63% |
| Efficiency Ratio (%) | ▲ | 71.15% | -2.25 | 73.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.58% | -0.51 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $124 | +6.31 | $118 |
| Gross Loans ($M) | ▲ | $87 | +6.72 | $80 |
| Loan Growth YoY (%) | ▼ | 88.38% | -12.71 | 101.09% |
| Total Deposits ($M) | ▲ | $97 | +18.83 | $78 |
| Shareholders Equity ($M) | ▲ | $16 | +1.52 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.52 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 88.38% | -12.71 | 101.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.45% | +1.30 | 0.15% |
| Allowance / Loans (%) | — | 1.23% | -0.05% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 1.63% | +1.42 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.61% | -0.29 | 15.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▅▁▂▃▃▃ | Net Interest Margin (%) | 8.00% | 7.58% | 7.33% | 6.63% | 6.90% | 7.14% | 7.10% | 7.11% |
| █▆▁▂▄▅▇▁ | Return on Assets (%) | 2.25% | 1.92% | 1.28% | 1.47% | 1.75% | 1.87% | 2.08% | 1.26% |
| ▂▅██▄▃▁▆ | Efficiency Ratio (%) | 65.8% | 69.1% | 74.2% | 73.4% | 68.6% | 66.8% | 63.8% | 71.2% |
| ▇▆█▇▅▅▁▁ | Cost of Funds (%) | 2.07% | 2.04% | 2.22% | 2.09% | 1.97% | 1.92% | 1.62% | 1.58% |
| ██▁▁▁█▂▄ | NPA / Assets (%) | 3.65% | 3.46% | 0.00% | 0.15% | 0.29% | 3.29% | 0.85% | 1.45% |
| ▁▁▁▁▁█▃▃ | Net Charge-Off Ratio (%) | 0.00% | 0.18% | 0.00% | 0.21% | 0.41% | 4.81% | 1.25% | 1.63% |
| ▁▃▁▃▄▆██ | Tang. Book Value ($M) | $13 | $14 | $13 | $14 | $14 | $15 | $16 | $16 |
| ▁▃▄▆▇▇██ | Gross Loans ($M) | $63 | $70 | $75 | $80 | $81 | $84 | $87 | $87 |
| ▁▁▂▃▃▆██ | Total Deposits ($M) | $71 | $69 | $74 | $78 | $77 | $88 | $95 | $97 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 35% |
| C&I / Commercial | 18% |
| Agricultural | 39% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 45% |
| Interest-Bearing (core) | 37% |
| Brokered / Other | 18% |