Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.16 | 1.20% |
| Return on Equity (%) | ▲ | 12.65% | +2.08 | 10.57% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.47 | 3.17% |
| Efficiency Ratio (%) | ▲ | 62.82% | -0.47 | 63.29% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 1.85% | -0.28 | 2.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $361 | +5.57 | $355 |
| Gross Loans ($M) | ▲ | $327 | +7.33 | $320 |
| Loan Growth YoY (%) | ▼ | 101.14% | -1.63 | 102.77% |
| Total Deposits ($M) | ▲ | $319 | +12.07 | $306 |
| Shareholders Equity ($M) | ▼ | $37 | -3.65 | $40 |
| Tang. Book Value ($M) | ▼ | $36 | -3.61 | $40 |
| TBV excl. AOCI ($M)** | ▼ | $37 | -3.61 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 101.14% | -1.63 | 102.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.60 | 0.68% |
| Allowance / Loans (%) | — | 1.59% | 0.00% | 1.59% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.66 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▇▇█ | Net Interest Margin (%) | 3.15% | 3.12% | 3.10% | 3.17% | 3.34% | 3.51% | 3.53% | 3.64% |
| ▂▁▁▃▆██▇ | Return on Assets (%) | 1.15% | 1.10% | 1.12% | 1.20% | 1.31% | 1.39% | 1.39% | 1.36% |
| ▅██▆▂▁▂▅ | Efficiency Ratio (%) | 62.7% | 64.6% | 64.5% | 63.3% | 61.3% | 60.6% | 61.2% | 62.8% |
| ██▅▄▅▄▁▁ | Cost of Funds (%) | 2.40% | 2.46% | 2.23% | 2.13% | 2.18% | 2.10% | 1.84% | 1.85% |
| █████▁▁▁ | NPA / Assets (%) | 0.72% | 0.71% | 0.69% | 0.68% | 0.69% | 0.02% | 0.08% | 0.09% |
| █████▁▁▁ | Net Charge-Off Ratio (%) | 0.79% | 0.80% | 0.77% | 0.76% | 0.77% | 0.02% | 0.09% | 0.10% |
| ▅▅▆▇▇██▁ | Tang. Book Value ($M) | $39 | $39 | $39 | $40 | $40 | $40 | $41 | $36 |
| ▁▁▃▅▃▁▅█ | Gross Loans ($M) | $310 | $309 | $315 | $320 | $316 | $311 | $320 | $327 |
| ▁▁▄▅▃▃▆█ | Total Deposits ($M) | $290 | $291 | $304 | $306 | $300 | $297 | $311 | $319 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 9% |
| Agricultural | 34% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |