Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.18% | -0.09 | 1.27% |
| Return on Equity (%) | ▼ | 7.04% | -1.06 | 8.10% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.09 | 3.66% |
| Efficiency Ratio (%) | ▼ | 62.41% | +1.00 | 61.40% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.67% | -0.05 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $137 | +9.29 | $127 |
| Gross Loans ($M) | ▼ | $73 | -1.45 | $74 |
| Loan Growth YoY (%) | ▼ | 64.89% | -6.23 | 71.12% |
| Total Deposits ($M) | ▲ | $111 | +7.77 | $104 |
| Shareholders Equity ($M) | ▲ | $22 | +1.48 | $20 |
| Tang. Book Value ($M) | ▲ | $21 | +1.48 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.06 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 64.89% | -6.23 | 71.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -1.66 | 1.86% |
| Allowance / Loans (%) | — | 0.78% | -0.03% | 0.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -2.82 | 3.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▆██▅ | Net Interest Margin (%) | 3.61% | 3.59% | 3.57% | 3.66% | 3.78% | 3.88% | 3.86% | 3.75% |
| ▁▂▁▃▇█▇▁ | Return on Assets (%) | 1.17% | 1.22% | 1.15% | 1.27% | 1.40% | 1.47% | 1.40% | 1.18% |
| ▅▄█▅▂▁▃▇ | Efficiency Ratio (%) | 61.2% | 60.9% | 63.8% | 61.4% | 58.9% | 58.0% | 60.1% | 62.4% |
| ▂▅█▄▂▁▂▁ | Cost of Funds (%) | 1.70% | 1.75% | 1.81% | 1.73% | 1.69% | 1.68% | 1.70% | 1.67% |
| ▁▁▂███▁▁ | NPA / Assets (%) | 0.07% | 0.15% | 0.42% | 1.86% | 1.72% | 1.69% | 0.04% | 0.20% |
| ▁▁▂██▇▁▁ | Net Charge-Off Ratio (%) | 0.11% | 0.25% | 0.71% | 3.19% | 2.82% | 2.79% | 0.08% | 0.37% |
| ▁▅▁▃▅███ | Tang. Book Value ($M) | $19 | $20 | $19 | $20 | $20 | $21 | $21 | $21 |
| ▄▄▄▅█▆▁▃ | Gross Loans ($M) | $74 | $73 | $74 | $74 | $77 | $75 | $70 | $73 |
| ▁▂▄▅▄▂▃█ | Total Deposits ($M) | $95 | $98 | $102 | $104 | $103 | $98 | $100 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 16% |
| Agricultural | 45% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 13% |