Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.94% | +0.04 | 1.91% |
| Return on Equity (%) | ▼ | 17.86% | -2.54 | 20.40% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.29 | 3.96% |
| Efficiency Ratio (%) | ▲ | 53.12% | -0.14 | 53.26% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.57% | -0.13 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $190 | +0.62 | $189 |
| Gross Loans ($M) | ▼ | $122 | -3.12 | $125 |
| Loan Growth YoY (%) | ▼ | 71.37% | -1.02 | 72.39% |
| Total Deposits ($M) | ▼ | $168 | -2.07 | $170 |
| Shareholders Equity ($M) | ▲ | $21 | +2.99 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +2.99 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +3.11 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 71.37% | -1.02 | 72.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.61% | -0.06 | 0.68% |
| Allowance / Loans (%) | — | 1.31% | 0.10% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.96% | -0.07 | 1.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▇█ | Net Interest Margin (%) | 3.81% | 3.79% | 3.83% | 3.96% | 4.07% | 4.11% | 4.14% | 4.25% |
| ▁▃▅▇▄▅▆█ | Return on Assets (%) | 1.74% | 1.80% | 1.85% | 1.91% | 1.83% | 1.85% | 1.88% | 1.94% |
| █▅▃▅▆▅▁▄ | Efficiency Ratio (%) | 55.2% | 53.5% | 52.7% | 53.3% | 53.9% | 53.6% | 51.3% | 53.1% |
| ▃▆█▄▄▄▃▁ | Cost of Funds (%) | 1.64% | 1.74% | 1.82% | 1.69% | 1.66% | 1.68% | 1.66% | 1.57% |
| █▆▆▄▁▁▂▂ | NPA / Assets (%) | 0.81% | 0.73% | 0.74% | 0.68% | 0.55% | 0.57% | 0.59% | 0.61% |
| █▇▆▄▁▁▂▃ | Net Charge-Off Ratio (%) | 1.23% | 1.15% | 1.10% | 1.02% | 0.82% | 0.87% | 0.90% | 0.96% |
| ▁▃▂▄▅▇▇█ | Tang. Book Value ($M) | $16 | $18 | $17 | $18 | $19 | $20 | $20 | $21 |
| ▁▁▅██▆▅▄ | Gross Loans ($M) | $119 | $120 | $123 | $125 | $125 | $123 | $123 | $122 |
| ▁▇▁█▄▃▁▅ | Total Deposits ($M) | $165 | $169 | $165 | $170 | $167 | $167 | $165 | $168 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 18% |
| Agricultural | 7% |
| Consumer | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 15% |