Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +1.08 | 0.32% |
| Return on Equity (%) | ▲ | 12.76% | +9.47 | 3.29% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.53 | 3.73% |
| Efficiency Ratio (%) | ▼ | 64.87% | +1.41 | 63.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.29% | -0.18 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $394 | +1.59 | $392 |
| Gross Loans ($M) | ▼ | $227 | -17.45 | $245 |
| Loan Growth YoY (%) | ▼ | 71.84% | -5.08 | 76.92% |
| Total Deposits ($M) | ▼ | $313 | -2.18 | $315 |
| Shareholders Equity ($M) | ▲ | $43 | +3.61 | $39 |
| Tang. Book Value ($M) | ▲ | $39 | +3.61 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +4.18 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 71.84% | -5.08 | 76.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.64% | -0.50 | 1.14% |
| Allowance / Loans (%) | — | 1.17% | 0.14% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 1.12% | -0.72 | 1.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.01% | +1.28 | 13.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▄▁▄▇██ | Net Interest Margin (%) | 3.88% | 3.94% | 3.94% | 3.73% | 3.94% | 4.14% | 4.20% | 4.26% |
| ▁▃▄▁▃▅▇█ | Return on Assets (%) | 0.42% | 0.71% | 0.83% | 0.32% | 0.72% | 0.97% | 1.15% | 1.41% |
| █▇▆▄▃▂▁▅ | Efficiency Ratio (%) | 67.4% | 66.3% | 65.4% | 63.5% | 63.4% | 62.2% | 61.0% | 64.9% |
| ▇██▇█▇▃▁ | Cost of Funds (%) | 1.48% | 1.50% | 1.51% | 1.47% | 1.49% | 1.48% | 1.36% | 1.29% |
| ▄▁▁██▇▂▃ | NPA / Assets (%) | 0.67% | 0.31% | 0.37% | 1.14% | 1.24% | 1.11% | 0.51% | 0.64% |
| ▃▁▁███▂▄ | Net Charge-Off Ratio (%) | 1.02% | 0.48% | 0.59% | 1.83% | 1.98% | 1.81% | 0.85% | 1.12% |
| ▁▄▂▃▄▇█▇ | Tang. Book Value ($M) | $33 | $36 | $35 | $35 | $36 | $39 | $40 | $39 |
| ██▆▆▆▄▃▁ | Gross Loans ($M) | $249 | $251 | $245 | $245 | $244 | $237 | $234 | $227 |
| ▂▁█▆▄▁▁▅ | Total Deposits ($M) | $308 | $305 | $319 | $315 | $311 | $306 | $306 | $313 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 19% |
| Agricultural | 22% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 6% |