Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.66% | +0.07 | 1.59% |
| Return on Equity (%) | ▼ | 13.47% | -0.39 | 13.86% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.30 | 4.19% |
| Efficiency Ratio (%) | ▼ | 60.83% | +1.51 | 59.32% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 2.05% | -0.47 | 2.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +6.47 | $185 |
| Gross Loans ($M) | ▲ | $147 | +2.13 | $145 |
| Loan Growth YoY (%) | ▲ | 90.71% | +2.84 | 87.87% |
| Total Deposits ($M) | ▼ | $160 | -2.74 | $163 |
| Shareholders Equity ($M) | ▲ | $23 | +2.14 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +2.14 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 90.71% | +2.84 | 87.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.86% | +1.50 | 0.36% |
| Allowance / Loans (%) | — | 1.20% | -0.03% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 2.42% | +1.96 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆▇█ | Net Interest Margin (%) | 3.93% | 4.01% | 4.09% | 4.19% | 4.25% | 4.34% | 4.42% | 4.49% |
| ▁▂▄▇▇███ | Return on Assets (%) | 1.26% | 1.32% | 1.43% | 1.59% | 1.60% | 1.68% | 1.69% | 1.66% |
| █▆▅▄▆▃▁▇ | Efficiency Ratio (%) | 62.0% | 60.5% | 60.0% | 59.3% | 60.4% | 58.3% | 56.8% | 60.8% |
| ▆█▇▅▆▄▃▁ | Cost of Funds (%) | 2.63% | 2.89% | 2.71% | 2.52% | 2.61% | 2.41% | 2.35% | 2.05% |
| ▂▂▇▁▂▁▁█ | NPA / Assets (%) | 0.46% | 0.51% | 1.47% | 0.36% | 0.45% | 0.32% | 0.20% | 1.86% |
| ▂▂▆▁▂▁▁█ | Net Charge-Off Ratio (%) | 0.53% | 0.57% | 1.67% | 0.46% | 0.55% | 0.39% | 0.24% | 2.42% |
| ▁▁▃▄▅▆██ | Tang. Book Value ($M) | $19 | $20 | $20 | $21 | $21 | $22 | $23 | $23 |
| ▇█▆▁▃▄▁▂ | Gross Loans ($M) | $156 | $158 | $155 | $145 | $149 | $150 | $146 | $147 |
| ▇▄▃█▆█▁▇ | Total Deposits ($M) | $160 | $156 | $154 | $163 | $158 | $162 | $149 | $160 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 18% |
| Agricultural | 21% |
| Consumer | 2% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 38% |