Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.15 | 1.40% |
| Return on Equity (%) | ▲ | 17.84% | +1.80 | 16.04% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.15 | 3.79% |
| Efficiency Ratio (%) | ▲ | 57.88% | -0.87 | 58.75% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 1.34% | -0.09 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $375 | +19.57 | $355 |
| Gross Loans ($M) | ▲ | $262 | +0.92 | $261 |
| Loan Growth YoY (%) | ▼ | 76.20% | -6.50 | 82.69% |
| Total Deposits ($M) | ▲ | $340 | +27.49 | $312 |
| Shareholders Equity ($M) | ▲ | $33 | +2.12 | $31 |
| Tang. Book Value ($M) | ▲ | $26 | +2.26 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.70 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 76.20% | -6.50 | 82.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.02 | 0.07% |
| Allowance / Loans (%) | — | 1.13% | 0.10% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.03 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.10% | +0.13 | 10.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇▆▇█ | Net Interest Margin (%) | 3.43% | 3.39% | 3.52% | 3.79% | 3.82% | 3.79% | 3.82% | 3.94% |
| ▁▁▂▆▆▆▅█ | Return on Assets (%) | 1.11% | 1.09% | 1.19% | 1.40% | 1.43% | 1.41% | 1.37% | 1.56% |
| ██▆▂▁▂▂▁ | Efficiency Ratio (%) | 63.4% | 63.5% | 61.8% | 58.7% | 57.5% | 58.6% | 58.9% | 57.9% |
| ▅█▅▂▂▄▂▁ | Cost of Funds (%) | 1.70% | 1.93% | 1.67% | 1.43% | 1.45% | 1.57% | 1.45% | 1.34% |
| ▁▁▁▁█▆▃▄ | NPA / Assets (%) | 0.08% | 0.08% | 0.08% | 0.07% | 0.12% | 0.10% | 0.09% | 0.09% |
| ▁▁▁▁█▇▅▅ | Net Charge-Off Ratio (%) | 0.10% | 0.10% | 0.10% | 0.10% | 0.16% | 0.15% | 0.13% | 0.13% |
| ▁▄▁▃▅▇██ | Tang. Book Value ($M) | $22 | $24 | $23 | $24 | $24 | $26 | $26 | $26 |
| ▅▅█▂█▁█▂ | Gross Loans ($M) | $265 | $266 | $269 | $261 | $270 | $260 | $270 | $262 |
| ▁▃▃▂▁▅█▆ | Total Deposits ($M) | $301 | $322 | $317 | $312 | $306 | $336 | $357 | $340 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 17% |
| Agricultural | 40% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 6% |