Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.19 | 1.82% |
| Return on Equity (%) | ▲ | 8.35% | +0.67 | 7.68% |
| Net Interest Margin (%) | ▲ | 3.01% | +0.14 | 2.87% |
| Efficiency Ratio (%) | ▲ | 31.35% | -4.86 | 36.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.70% | -0.09 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $132 | +10.66 | $121 |
| Gross Loans ($M) | ▼ | $40 | -0.43 | $40 |
| Loan Growth YoY (%) | ▼ | 37.57% | -3.40 | 40.98% |
| Total Deposits ($M) | ▲ | $99 | +7.21 | $92 |
| Shareholders Equity ($M) | ▲ | $32 | +3.44 | $28 |
| Tang. Book Value ($M) | ▲ | $31 | +3.44 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +4.05 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 37.57% | -3.40 | 40.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.98% | +0.19 | 0.79% |
| Allowance / Loans (%) | — | 6.04% | 0.04% | 6.00% |
| Net Charge-Off Ratio (%) | ▼ | 3.25% | +1.01 | 2.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▃▃▃▅█ | Net Interest Margin (%) | 2.83% | 2.81% | 2.80% | 2.87% | 2.86% | 2.88% | 2.91% | 3.01% |
| ▃▃▁▃▅▅▄█ | Return on Assets (%) | 1.82% | 1.81% | 1.72% | 1.82% | 1.88% | 1.89% | 1.86% | 2.01% |
| ▅▅█▆▃▃▄▁ | Efficiency Ratio (%) | 34.9% | 34.9% | 38.1% | 36.2% | 33.4% | 33.2% | 34.7% | 31.3% |
| ▅▅█▅▃█▅▁ | Cost of Funds (%) | 1.80% | 1.80% | 1.87% | 1.79% | 1.77% | 1.88% | 1.81% | 1.70% |
| ▇▄▁▁▃█▇▇ | NPA / Assets (%) | 0.97% | 0.88% | 0.82% | 0.79% | 0.86% | 1.01% | 0.98% | 0.98% |
| ▂▁▁▁▆█▇█ | Net Charge-Off Ratio (%) | 2.37% | 2.23% | 2.13% | 2.24% | 2.91% | 3.23% | 3.07% | 3.25% |
| ▁▄▁▁▁▆█▇ | Tang. Book Value ($M) | $27 | $29 | $28 | $28 | $27 | $30 | $32 | $31 |
| ███▅▁▄▅▅ | Gross Loans ($M) | $42 | $42 | $42 | $40 | $37 | $39 | $40 | $40 |
| ▁▁▃▄█▇█▇ | Total Deposits ($M) | $82 | $83 | $88 | $92 | $104 | $99 | $101 | $99 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 6% |
| Agricultural | 25% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 12% |