Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.11 | 1.18% |
| Return on Equity (%) | ▲ | 9.63% | +0.29 | 9.34% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.31 | 3.43% |
| Efficiency Ratio (%) | ▲ | 58.77% | -4.02 | 62.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.36% | -0.04 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $287 | +17.74 | $269 |
| Gross Loans ($M) | ▲ | $183 | +6.97 | $176 |
| Loan Growth YoY (%) | ▼ | 82.38% | -1.74 | 84.12% |
| Total Deposits ($M) | ▲ | $218 | +12.41 | $206 |
| Shareholders Equity ($M) | ▲ | $39 | +3.88 | $35 |
| Tang. Book Value ($M) | ▲ | $38 | +3.88 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.95 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 82.38% | -1.74 | 84.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.09 | 0.25% |
| Allowance / Loans (%) | — | 1.49% | 0.12% | 1.37% |
| Net Charge-Off Ratio (%) | ▼ | 0.53% | +0.14 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▆▇█ | Net Interest Margin (%) | 2.80% | 2.86% | 2.98% | 3.43% | 3.45% | 3.47% | 3.57% | 3.74% |
| ▁▁▁▆▆▅▆█ | Return on Assets (%) | 0.92% | 0.93% | 0.96% | 1.18% | 1.18% | 1.15% | 1.18% | 1.30% |
| █▇▆▆▄▂▁▁ | Efficiency Ratio (%) | 64.5% | 63.3% | 62.3% | 62.8% | 60.9% | 59.8% | 58.4% | 58.8% |
| ▅█▄▁▂▄▁▁ | Cost of Funds (%) | 1.62% | 1.88% | 1.58% | 1.39% | 1.47% | 1.56% | 1.40% | 1.36% |
| ▂▃█▃▁▂▂█ | NPA / Assets (%) | 0.24% | 0.26% | 0.35% | 0.25% | 0.21% | 0.24% | 0.23% | 0.33% |
| ▃▅█▃▁▂▂█ | Net Charge-Off Ratio (%) | 0.39% | 0.43% | 0.55% | 0.38% | 0.32% | 0.37% | 0.36% | 0.53% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $32 | $34 | $33 | $34 | $35 | $37 | $37 | $38 |
| ▁▁▁▁▆█▇▅ | Gross Loans ($M) | $175 | $175 | $176 | $176 | $185 | $188 | $186 | $183 |
| ▄█▂▁▁█▆▅ | Total Deposits ($M) | $215 | $226 | $211 | $206 | $208 | $228 | $221 | $218 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 16% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 5% |