Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.73% | +0.17 | 1.55% |
| Return on Equity (%) | ▲ | 17.78% | +0.94 | 16.84% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.43 | 3.51% |
| Efficiency Ratio (%) | ▲ | 53.62% | -0.38 | 54.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 2.52% | -0.24 | 2.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $254 | +18.44 | $236 |
| Gross Loans ($M) | ▲ | $214 | +12.52 | $202 |
| Loan Growth YoY (%) | ▼ | 93.10% | -1.09 | 94.19% |
| Total Deposits ($M) | ▲ | $227 | +15.65 | $212 |
| Shareholders Equity ($M) | ▲ | $25 | +2.70 | $22 |
| Tang. Book Value ($M) | ▲ | $25 | +2.70 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +2.85 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 93.10% | -1.09 | 94.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.01 | 0.17% |
| Allowance / Loans (%) | — | 1.13% | 0.06% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.01 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 3.17% | 3.16% | 3.24% | 3.51% | 3.63% | 3.70% | 3.78% | 3.94% |
| ▁▁▂▅▇▇██ | Return on Assets (%) | 1.30% | 1.32% | 1.38% | 1.55% | 1.65% | 1.67% | 1.69% | 1.73% |
| █▇▆▃▂▁▁▃ | Efficiency Ratio (%) | 59.1% | 58.0% | 56.4% | 54.0% | 52.9% | 51.2% | 51.4% | 53.6% |
| ▆██▄▃▄▄▁ | Cost of Funds (%) | 2.85% | 2.98% | 3.02% | 2.75% | 2.67% | 2.72% | 2.72% | 2.52% |
| ▇▇█▆▇▁▁▄ | NPA / Assets (%) | 0.17% | 0.17% | 0.18% | 0.17% | 0.17% | 0.14% | 0.13% | 0.16% |
| ▇██▆▇▂▁▄ | Net Charge-Off Ratio (%) | 0.21% | 0.21% | 0.22% | 0.20% | 0.20% | 0.16% | 0.15% | 0.19% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $20 | $20 | $21 | $22 | $22 | $23 | $24 | $25 |
| ▁▂▁▄▅▆▇█ | Gross Loans ($M) | $193 | $197 | $195 | $202 | $204 | $207 | $211 | $214 |
| ▁▅▃▃▅▇▆█ | Total Deposits ($M) | $202 | $217 | $209 | $212 | $217 | $223 | $219 | $227 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 20% |
| Agricultural | 16% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 23% |