Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.46% | +0.84 | 1.62% |
| Return on Equity (%) | ▲ | 17.20% | +5.29 | 11.91% |
| Net Interest Margin (%) | ▲ | 4.08% | +0.34 | 3.74% |
| Efficiency Ratio (%) | ▲ | 41.42% | -9.18 | 50.60% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.25 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $209 | +13.23 | $196 |
| Gross Loans ($M) | ▼ | $132 | -0.16 | $132 |
| Loan Growth YoY (%) | ▼ | 73.22% | -4.56 | 77.78% |
| Total Deposits ($M) | ▲ | $178 | +10.23 | $167 |
| Shareholders Equity ($M) | ▲ | $29 | +3.12 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +3.12 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.47 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 73.22% | -4.56 | 77.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.43% | +0.35 | 1.09% |
| Allowance / Loans (%) | — | 1.32% | -0.00% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 1.59% | -0.02 | 1.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▆███ | Net Interest Margin (%) | 3.40% | 3.49% | 3.55% | 3.74% | 3.91% | 4.01% | 4.08% | 4.08% |
| ▁▁▁▂▆▇▆█ | Return on Assets (%) | 1.37% | 1.49% | 1.36% | 1.62% | 2.18% | 2.30% | 2.15% | 2.46% |
| ▇▅█▇▃▂▄▁ | Efficiency Ratio (%) | 50.5% | 48.8% | 53.3% | 50.6% | 45.7% | 44.4% | 46.3% | 41.4% |
| ▅▆█▅▃▃▃▁ | Cost of Funds (%) | 2.03% | 2.08% | 2.23% | 2.01% | 1.88% | 1.93% | 1.91% | 1.75% |
| ▁▁▅▄▄█▇█ | NPA / Assets (%) | 0.79% | 0.85% | 1.17% | 1.09% | 1.11% | 1.50% | 1.33% | 1.43% |
| ▁▂████▃▇ | Net Charge-Off Ratio (%) | 1.16% | 1.25% | 1.66% | 1.61% | 1.65% | 1.60% | 1.29% | 1.59% |
| ▁▃▁▃▅█▇█ | Tang. Book Value ($M) | $25 | $27 | $25 | $26 | $28 | $29 | $28 | $29 |
| ▁▁▆▇█▆█▇ | Gross Loans ($M) | $125 | $126 | $131 | $132 | $133 | $131 | $134 | $132 |
| ▁▁▁▅▆▅▄█ | Total Deposits ($M) | $157 | $158 | $159 | $167 | $172 | $169 | $166 | $178 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 7% |
| Agricultural | 13% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |