Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.34 | 0.69% |
| Return on Equity (%) | ▲ | 11.45% | +3.39 | 8.06% |
| Net Interest Margin (%) | ▲ | 3.12% | +0.40 | 2.71% |
| Efficiency Ratio (%) | ▲ | 62.21% | -8.68 | 70.89% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 1.83% | -0.17 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $285 | +8.06 | $276 |
| Gross Loans ($M) | ▼ | $201 | -5.68 | $206 |
| Loan Growth YoY (%) | ▼ | 82.76% | -7.38 | 90.15% |
| Total Deposits ($M) | ▲ | $239 | +12.78 | $226 |
| Shareholders Equity ($M) | ▲ | $26 | +2.26 | $24 |
| Tang. Book Value ($M) | ▲ | $23 | +2.26 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.30 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 82.76% | -7.38 | 90.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.05% | -0.11 | 1.15% |
| Allowance / Loans (%) | — | 1.63% | 0.25% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 1.48% | -0.06 | 1.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.74% | +0.89 | 10.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅▅▆█ | Net Interest Margin (%) | 2.32% | 2.31% | 2.35% | 2.71% | 2.73% | 2.79% | 2.83% | 3.12% |
| ▁▁▁▄▄▅▅█ | Return on Assets (%) | 0.46% | 0.43% | 0.49% | 0.69% | 0.70% | 0.80% | 0.80% | 1.03% |
| ███▅▅▃▃▁ | Efficiency Ratio (%) | 76.5% | 77.4% | 75.8% | 70.9% | 70.1% | 67.4% | 67.6% | 62.2% |
| ██▆▃▄▄▃▁ | Cost of Funds (%) | 2.37% | 2.41% | 2.25% | 2.00% | 2.05% | 2.09% | 2.00% | 1.83% |
| ▄▄▄▃▁█▁▁ | NPA / Assets (%) | 1.21% | 1.20% | 1.19% | 1.15% | 1.08% | 1.42% | 1.04% | 1.05% |
| ▃▃▃▂▁█▂▁ | Net Charge-Off Ratio (%) | 1.58% | 1.59% | 1.59% | 1.54% | 1.45% | 1.90% | 1.53% | 1.48% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $19 | $20 | $20 | $20 | $21 | $22 | $22 | $23 |
| ▆▄▃▅██▁▂ | Gross Loans ($M) | $208 | $205 | $202 | $206 | $213 | $213 | $197 | $201 |
| ▄▃▄▄▁▆██ | Total Deposits ($M) | $227 | $225 | $226 | $226 | $216 | $233 | $241 | $239 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 6% |
| Agricultural | 21% |
| Consumer | 1% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 8% |