Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.01 | 1.27% |
| Return on Equity (%) | ▼ | 12.67% | -1.03 | 13.70% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.35 | 3.32% |
| Efficiency Ratio (%) | ▼ | 56.04% | +3.74 | 52.30% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.09% | -0.32 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $110 | +3.12 | $107 |
| Gross Loans ($M) | ▼ | $67 | -3.87 | $71 |
| Loan Growth YoY (%) | ▼ | 68.15% | -7.02 | 75.17% |
| Total Deposits ($M) | ▲ | $97 | +3.84 | $93 |
| Shareholders Equity ($M) | ▲ | $11 | +0.71 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.71 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +0.97 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 68.15% | -7.02 | 75.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.11 | 0.19% |
| Allowance / Loans (%) | — | 1.21% | 0.10% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.21 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.71% | +1.30 | 14.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▄▇██ | Net Interest Margin (%) | 3.27% | 3.29% | 3.31% | 3.32% | 3.47% | 3.57% | 3.63% | 3.67% |
| ▁▁▁▆███▆ | Return on Assets (%) | 0.96% | 1.01% | 0.97% | 1.27% | 1.35% | 1.39% | 1.35% | 1.26% |
| █▇█▁▁▁▁▄ | Efficiency Ratio (%) | 62.0% | 60.4% | 62.3% | 52.3% | 51.4% | 51.1% | 51.6% | 56.0% |
| ▇██▆▅▃▃▁ | Cost of Funds (%) | 1.45% | 1.49% | 1.51% | 1.40% | 1.30% | 1.22% | 1.22% | 1.09% |
| ▁▁▁▂█▃▂▃ | NPA / Assets (%) | 0.00% | 0.03% | 0.01% | 0.19% | 0.94% | 0.25% | 0.19% | 0.31% |
| ▁▁▁▂█▃▂▃ | Net Charge-Off Ratio (%) | 0.01% | 0.04% | 0.02% | 0.30% | 1.46% | 0.38% | 0.28% | 0.51% |
| ▁▄▃▆█▆██ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $11 | $10 | $11 | $11 |
| ▁▆▄█▄▅▇▃ | Gross Loans ($M) | $65 | $69 | $67 | $71 | $67 | $68 | $70 | $67 |
| ▃▅▁▅▁▃▁█ | Total Deposits ($M) | $92 | $93 | $89 | $93 | $89 | $91 | $90 | $97 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 24% |
| C&I / Commercial | 2% |
| Agricultural | 73% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |