Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.78% | -0.02 | 0.81% |
| Return on Equity (%) | ▼ | 6.61% | -0.54 | 7.15% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.23 | 3.34% |
| Efficiency Ratio (%) | ▲ | 66.05% | -2.09 | 68.14% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 2.68% | -0.20 | 2.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $378 | -2.06 | $380 |
| Gross Loans ($M) | ▲ | $303 | +25.44 | $277 |
| Loan Growth YoY (%) | ▲ | 91.82% | +4.67 | 87.15% |
| Total Deposits ($M) | ▲ | $325 | +11.84 | $313 |
| Shareholders Equity ($M) | ▲ | $45 | +2.17 | $42 |
| Tang. Book Value ($M) | ▲ | $45 | +2.17 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +2.34 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 91.82% | +4.67 | 87.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.10% | +2.95 | 0.15% |
| Allowance / Loans (%) | — | 1.55% | -0.15% | 1.69% |
| Net Charge-Off Ratio (%) | ▼ | 3.62% | +3.41 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄▆█ | Net Interest Margin (%) | 3.34% | 3.34% | 3.33% | 3.34% | 3.40% | 3.44% | 3.49% | 3.58% |
| ▁▁▁▅█▇█▄ | Return on Assets (%) | 0.70% | 0.72% | 0.71% | 0.81% | 0.88% | 0.88% | 0.90% | 0.78% |
| ███▄▂▁▁▂ | Efficiency Ratio (%) | 72.1% | 71.9% | 71.9% | 68.1% | 66.3% | 64.6% | 64.5% | 66.0% |
| ▄██▄▄▂▃▁ | Cost of Funds (%) | 2.89% | 3.15% | 3.18% | 2.88% | 2.87% | 2.78% | 2.81% | 2.68% |
| ▃▄▃▁▅▇▆█ | NPA / Assets (%) | 0.91% | 1.30% | 1.00% | 0.15% | 1.83% | 2.44% | 2.08% | 3.10% |
| ▃▄▃▁▆▇▅█ | Net Charge-Off Ratio (%) | 1.17% | 1.73% | 1.27% | 0.21% | 2.36% | 3.09% | 2.26% | 3.62% |
| ▁▁▁▃▆█▇█ | Tang. Book Value ($M) | $41 | $41 | $42 | $42 | $43 | $44 | $44 | $45 |
| ▂▂▃▁▄▆██ | Gross Loans ($M) | $283 | $283 | $285 | $277 | $291 | $298 | $306 | $303 |
| ▁▅▁▅▅▆▂█ | Total Deposits ($M) | $295 | $310 | $296 | $313 | $312 | $314 | $301 | $325 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 21% |
| Agricultural | 26% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 14% |