Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.23 | 1.18% |
| Return on Equity (%) | ▲ | 11.16% | +0.77 | 10.39% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.40 | 3.12% |
| Efficiency Ratio (%) | ▼ | 49.67% | +0.26 | 49.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 2.20% | -0.23 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $298 | +9.47 | $289 |
| Gross Loans ($M) | ▲ | $225 | +8.35 | $217 |
| Loan Growth YoY (%) | ▲ | 90.12% | +1.72 | 88.40% |
| Total Deposits ($M) | ▲ | $247 | +5.48 | $241 |
| Shareholders Equity ($M) | ▲ | $38 | +4.49 | $33 |
| Tang. Book Value ($M) | ▲ | $38 | +4.49 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +4.54 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 90.12% | +1.72 | 88.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.64% | -1.06 | 1.70% |
| Allowance / Loans (%) | — | 1.32% | -0.39% | 1.71% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -1.43 | 1.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.93 | 13.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▆▇█ | Net Interest Margin (%) | 2.68% | 2.66% | 2.72% | 3.12% | 3.21% | 3.26% | 3.33% | 3.52% |
| ▇▃▁▆▆▇██ | Return on Assets (%) | 1.24% | 0.76% | 0.53% | 1.18% | 1.13% | 1.30% | 1.41% | 1.41% |
| ▇▇▆▅█▂▁▅ | Efficiency Ratio (%) | 51.1% | 51.8% | 50.6% | 49.4% | 52.7% | 46.9% | 45.5% | 49.7% |
| ██▆▃▄▃▃▁ | Cost of Funds (%) | 3.05% | 3.08% | 2.85% | 2.43% | 2.59% | 2.50% | 2.44% | 2.20% |
| ▁▆██▆▅▅▄ | NPA / Assets (%) | 0.00% | 1.27% | 1.64% | 1.70% | 1.24% | 1.03% | 0.88% | 0.64% |
| ▁███▅▄▃▂ | Net Charge-Off Ratio (%) | 0.00% | 1.74% | 1.77% | 1.70% | 1.08% | 0.82% | 0.60% | 0.27% |
| ▁▂▁▃▄▇██ | Tang. Book Value ($M) | $31 | $33 | $32 | $33 | $34 | $36 | $37 | $38 |
| ▁▃▂▅▆█▇█ | Gross Loans ($M) | $202 | $208 | $207 | $217 | $218 | $226 | $222 | $225 |
| ▁▄▆▅▅██▇ | Total Deposits ($M) | $230 | $240 | $244 | $241 | $241 | $249 | $252 | $247 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 16% |
| Agricultural | 39% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 15% |