Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.79% | +0.17 | 1.62% |
| Return on Equity (%) | ▲ | 14.44% | +0.40 | 14.04% |
| Net Interest Margin (%) | ▲ | 4.60% | +0.12 | 4.49% |
| Efficiency Ratio (%) | ▲ | 61.19% | -2.85 | 64.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 1.10% | -0.33 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $297 | +19.50 | $277 |
| Gross Loans ($M) | ▼ | $223 | -3.03 | $226 |
| Loan Growth YoY (%) | ▼ | 87.26% | -6.48 | 93.74% |
| Total Deposits ($M) | ▲ | $252 | +15.84 | $236 |
| Shareholders Equity ($M) | ▲ | $37 | +4.37 | $32 |
| Tang. Book Value ($M) | ▲ | $36 | +4.40 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +4.28 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 87.26% | -6.48 | 93.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.75% | -0.87 | 1.62% |
| Allowance / Loans (%) | — | 1.45% | -0.68% | 2.12% |
| Net Charge-Off Ratio (%) | ▲ | 1.00% | -0.99 | 1.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▃▇██▅ | Net Interest Margin (%) | 4.33% | 4.42% | 4.48% | 4.49% | 4.73% | 4.82% | 4.82% | 4.60% |
| ▂▁▂▄█▇█▇ | Return on Assets (%) | 1.47% | 1.38% | 1.49% | 1.62% | 1.90% | 1.82% | 1.87% | 1.79% |
| █▅▅▆▂▁▁▃ | Efficiency Ratio (%) | 66.7% | 63.6% | 63.3% | 64.0% | 60.6% | 58.7% | 59.1% | 61.2% |
| ██▇▆▄▄▂▁ | Cost of Funds (%) | 1.55% | 1.60% | 1.49% | 1.43% | 1.31% | 1.29% | 1.19% | 1.10% |
| ▁▁████▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 1.66% | 1.62% | 1.62% | 1.54% | 0.82% | 0.75% |
| ▁▁████▄▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 1.94% | 1.99% | 1.94% | 1.78% | 0.99% | 1.00% |
| ▁▂▁▃▄▅▇█ | Tang. Book Value ($M) | $30 | $31 | $30 | $32 | $33 | $34 | $35 | $36 |
| ▁▂▅▂▅█▆▁ | Gross Loans ($M) | $221 | $225 | $232 | $226 | $232 | $241 | $235 | $223 |
| ▁▂▃▆▆▆▆█ | Total Deposits ($M) | $208 | $215 | $220 | $236 | $235 | $235 | $240 | $252 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 9% |
| Agricultural | 18% |
| Consumer | 2% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 7% |