Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.16% | -0.47 | 1.63% |
| Return on Equity (%) | ▼ | 12.42% | -5.69 | 18.11% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.09 | 3.92% |
| Efficiency Ratio (%) | ▼ | 62.17% | +8.35 | 53.82% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.13 | $1 |
| Cost of Funds (%) | ▲ | 2.55% | -0.16 | 2.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $175 | +1.04 | $174 |
| Gross Loans ($M) | ▲ | $151 | +7.22 | $144 |
| Loan Growth YoY (%) | ▲ | 94.39% | +4.24 | 90.15% |
| Total Deposits ($M) | ▲ | $158 | +0.67 | $157 |
| Shareholders Equity ($M) | ▲ | $16 | +0.32 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +0.32 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 94.39% | +4.24 | 90.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.57% | -0.14 | 0.71% |
| Allowance / Loans (%) | — | 1.21% | -0.12% | 1.33% |
| Net Charge-Off Ratio (%) | ▲ | 0.66% | -0.20 | 0.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▄▂▁▆█▆ | Net Interest Margin (%) | 3.92% | 3.89% | 3.96% | 3.92% | 3.88% | 4.02% | 4.07% | 4.01% |
| ███▇▆▆▁▂ | Return on Assets (%) | 1.74% | 1.71% | 1.71% | 1.63% | 1.51% | 1.50% | 0.97% | 1.16% |
| ▁▁▂▁▄▃▃█ | Efficiency Ratio (%) | 53.3% | 54.0% | 54.9% | 53.8% | 56.8% | 56.4% | 56.1% | 62.2% |
| ▄█▇▃▆▇▄▁ | Cost of Funds (%) | 2.73% | 3.00% | 2.91% | 2.71% | 2.87% | 2.93% | 2.76% | 2.55% |
| ▂▂▁▃██▂▂ | NPA / Assets (%) | 0.60% | 0.59% | 0.49% | 0.71% | 1.09% | 1.15% | 0.61% | 0.57% |
| ▂▁▁▄██▂▁ | Net Charge-Off Ratio (%) | 0.70% | 0.66% | 0.59% | 0.86% | 1.28% | 1.27% | 0.71% | 0.66% |
| ▁▂▄▅▆█▇▇ | Tang. Book Value ($M) | $15 | $15 | $16 | $16 | $16 | $16 | $16 | $16 |
| ▁█▅▄▆█▆█ | Gross Loans ($M) | $138 | $150 | $146 | $144 | $147 | $152 | $148 | $151 |
| ▂▁██▇▅▆█ | Total Deposits ($M) | $144 | $142 | $159 | $157 | $155 | $151 | $154 | $158 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 32% |
| C&I / Commercial | 23% |
| Agricultural | 40% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 18% |