Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.46% | +0.05 | 2.41% |
| Return on Equity (%) | ▼ | 15.94% | -1.27 | 17.21% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.05 | 3.89% |
| Efficiency Ratio (%) | ▲ | 33.68% | -2.14 | 35.82% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 0.76% | -0.03 | 0.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $138 | +0.75 | $137 |
| Gross Loans ($M) | ▲ | $55 | +3.41 | $51 |
| Loan Growth YoY (%) | ▲ | 46.56% | +3.42 | 43.15% |
| Total Deposits ($M) | ▼ | $115 | -1.34 | $117 |
| Shareholders Equity ($M) | ▲ | $22 | +2.19 | $19 |
| Tang. Book Value ($M) | ▲ | $22 | +2.19 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.24 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 46.56% | +3.42 | 43.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.31 | 0.02% |
| Allowance / Loans (%) | — | 1.88% | -0.04% | 1.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.78 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▄▆▃▁▁█ | Net Interest Margin (%) | 3.94% | 3.91% | 3.86% | 3.89% | 3.84% | 3.78% | 3.80% | 3.94% |
| █▅▂▁▂▂▁▂ | Return on Assets (%) | 2.74% | 2.59% | 2.45% | 2.41% | 2.46% | 2.49% | 2.41% | 2.46% |
| ▁▄▆█▆▅▆▆ | Efficiency Ratio (%) | 27.8% | 31.5% | 33.5% | 35.8% | 33.5% | 32.0% | 33.8% | 33.7% |
| ▁▇█▅▅▇▆▃ | Cost of Funds (%) | 0.74% | 0.82% | 0.84% | 0.80% | 0.80% | 0.81% | 0.80% | 0.76% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.03% | 0.03% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.33% |
| ▁▂▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.10% | 0.12% | 0.09% | 0.06% | 0.00% | 0.01% | 0.00% | 0.84% |
| ▁▂▁▃▅▇▇█ | Tang. Book Value ($M) | $19 | $19 | $19 | $19 | $20 | $21 | $21 | $22 |
| ▁▁▅▅▂▂█▇ | Gross Loans ($M) | $42 | $40 | $50 | $51 | $44 | $44 | $59 | $55 |
| ▆▁▂▅█▇▃▂ | Total Deposits ($M) | $117 | $115 | $116 | $117 | $118 | $118 | $116 | $115 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 22% |
| C&I / Commercial | 9% |
| Agricultural | 66% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 10% |