Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.26 | 1.19% |
| Return on Equity (%) | ▲ | 17.67% | +2.33 | 15.34% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.16 | 4.14% |
| Efficiency Ratio (%) | ▲ | 63.68% | -1.93 | 65.61% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▼ | 1.93% | +0.10 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $147 | +11.03 | $136 |
| Gross Loans ($M) | ▲ | $108 | +7.52 | $100 |
| Loan Growth YoY (%) | ▼ | 79.56% | -2.94 | 82.50% |
| Total Deposits ($M) | ▲ | $134 | +13.71 | $120 |
| Shareholders Equity ($M) | ▲ | $13 | +1.47 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.47 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.35 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 79.56% | -2.94 | 82.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.09 | 0.09% |
| Allowance / Loans (%) | — | 1.24% | 0.05% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.13 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.59% | -0.07 | 11.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄████ | Net Interest Margin (%) | 4.04% | 4.05% | 4.04% | 4.14% | 4.28% | 4.30% | 4.27% | 4.30% |
| ▆▄▁▁▃▃▁█ | Return on Assets (%) | 1.35% | 1.29% | 1.17% | 1.19% | 1.27% | 1.26% | 1.18% | 1.45% |
| ▂▃█▄▄▅█▁ | Efficiency Ratio (%) | 64.6% | 64.9% | 68.2% | 65.6% | 65.8% | 66.6% | 68.4% | 63.7% |
| ▁▃▃▁▃▂█▄ | Cost of Funds (%) | 1.80% | 1.89% | 1.90% | 1.83% | 1.92% | 1.87% | 2.12% | 1.93% |
| ▁▁▁▄▄█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.09% | 0.09% | 0.23% | 0.00% | 0.00% |
| ▁▁▁██▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.13% | 0.12% | 0.00% | 0.00% | 0.00% |
| ▁▅▁▃▄█▇█ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $11 | $12 | $12 | $13 |
| ▁▁▄▃▄▅█▅ | Gross Loans ($M) | $91 | $94 | $105 | $100 | $103 | $107 | $119 | $108 |
| ▄▂▁▃▄▂▆█ | Total Deposits ($M) | $124 | $119 | $115 | $120 | $123 | $119 | $129 | $134 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 32% |
| C&I / Commercial | 15% |
| Agricultural | 51% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 9% |