Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.09 | 1.64% |
| Return on Equity (%) | ▲ | 13.51% | +0.92 | 12.59% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.54 | 3.37% |
| Efficiency Ratio (%) | ▼ | 34.74% | +3.90 | 30.84% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 2.12% | -0.23 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +12.60 | $140 |
| Gross Loans ($M) | ▲ | $107 | +20.48 | $86 |
| Loan Growth YoY (%) | ▲ | 83.55% | +8.86 | 74.69% |
| Total Deposits ($M) | ▲ | $125 | +12.02 | $113 |
| Shareholders Equity ($M) | ▲ | $20 | +1.38 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +1.38 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.08 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 83.55% | +8.86 | 74.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.19% | -0.31 | 2.50% |
| Allowance / Loans (%) | — | 1.86% | 0.03% | 1.84% |
| Net Charge-Off Ratio (%) | ▲ | 3.12% | -0.92 | 4.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▆▆▇█ | Net Interest Margin (%) | 2.74% | 2.92% | 2.91% | 3.37% | 3.52% | 3.50% | 3.71% | 3.91% |
| ▄▄▁█▇▅▂█ | Return on Assets (%) | 1.17% | 1.19% | 0.79% | 1.64% | 1.52% | 1.38% | 0.96% | 1.74% |
| ▄▄█▁▂▃▆▂ | Efficiency Ratio (%) | 42.5% | 45.4% | 61.8% | 30.8% | 36.9% | 41.2% | 50.5% | 34.7% |
| ▁▅▄█▆▇▃▁ | Cost of Funds (%) | 2.10% | 2.25% | 2.20% | 2.34% | 2.28% | 2.31% | 2.19% | 2.12% |
| ▁▄▃█▇█▆▇ | NPA / Assets (%) | 0.22% | 1.25% | 1.02% | 2.50% | 2.03% | 2.42% | 1.67% | 2.19% |
| ▁▅▃█▇█▅▆ | Net Charge-Off Ratio (%) | 0.40% | 2.29% | 1.70% | 4.04% | 3.18% | 3.92% | 2.49% | 3.12% |
| ▁▂▁▃▅▇▆█ | Tang. Book Value ($M) | $18 | $18 | $18 | $18 | $19 | $19 | $19 | $20 |
| ▁▁▃▄▅▄▇█ | Gross Loans ($M) | $73 | $72 | $82 | $86 | $91 | $89 | $101 | $107 |
| ▁▁▂▄▄▅██ | Total Deposits ($M) | $107 | $105 | $108 | $113 | $115 | $116 | $124 | $125 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 14% |
| Agricultural | 32% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 16% |