Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.22 | 1.47% |
| Return on Equity (%) | ▲ | 14.74% | +2.72 | 12.02% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.03 | 3.32% |
| Efficiency Ratio (%) | ▲ | 40.46% | -5.12 | 45.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 2.81% | -0.06 | 2.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $212 | +33.47 | $178 |
| Gross Loans ($M) | ▲ | $178 | +29.88 | $148 |
| Loan Growth YoY (%) | ▲ | 109.09% | +0.31 | 108.78% |
| Total Deposits ($M) | ▲ | $161 | +26.74 | $134 |
| Shareholders Equity ($M) | ▲ | $24 | +1.84 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.00 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 109.09% | +0.31 | 108.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.47% | +0.04 | 0.44% |
| Allowance / Loans (%) | — | 1.04% | -0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.57% | +0.04 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.12% | -1.71 | 15.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▁▂▂▁ | Net Interest Margin (%) | 4.02% | 3.94% | 3.88% | 3.32% | 3.34% | 3.43% | 3.47% | 3.35% |
| █▇▆▁▁▂▃▄ | Return on Assets (%) | 2.03% | 1.95% | 1.87% | 1.47% | 1.46% | 1.59% | 1.64% | 1.68% |
| ▁▂▃▇█▆▅▂ | Efficiency Ratio (%) | 39.2% | 40.2% | 41.8% | 45.6% | 46.5% | 44.1% | 43.5% | 40.5% |
| ▁▅██▇█▇▇ | Cost of Funds (%) | 2.52% | 2.76% | 2.90% | 2.87% | 2.84% | 2.90% | 2.84% | 2.81% |
| ▁▁▃▂█▄▄▃ | NPA / Assets (%) | 0.33% | 0.30% | 0.46% | 0.44% | 0.92% | 0.59% | 0.56% | 0.47% |
| ▁▁▂▂█▄▃▃ | Net Charge-Off Ratio (%) | 0.40% | 0.37% | 0.56% | 0.53% | 1.14% | 0.68% | 0.64% | 0.57% |
| ▁▂▃▅▄▅▇█ | Tang. Book Value ($M) | $20 | $21 | $21 | $22 | $21 | $22 | $23 | $24 |
| ▁▂▃▃▄▇██ | Gross Loans ($M) | $134 | $146 | $149 | $148 | $152 | $170 | $181 | $178 |
| ▁▄▄▃▄▅▇█ | Total Deposits ($M) | $123 | $139 | $139 | $134 | $140 | $146 | $155 | $161 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 9% |
| Agricultural | 36% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 35% |