Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.19 | 0.70% |
| Return on Equity (%) | ▲ | 10.26% | +0.52 | 9.74% |
| Net Interest Margin (%) | ▲ | 2.83% | +0.24 | 2.59% |
| Efficiency Ratio (%) | ▲ | 68.94% | -5.32 | 74.26% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.60% | -0.23 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $332 | +8.18 | $324 |
| Gross Loans ($M) | ▲ | $176 | +3.86 | $173 |
| Loan Growth YoY (%) | ▲ | 57.80% | +0.67 | 57.13% |
| Total Deposits ($M) | ▲ | $302 | +3.28 | $299 |
| Shareholders Equity ($M) | ▲ | $29 | +4.89 | $24 |
| Tang. Book Value ($M) | ▲ | $29 | +4.89 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +4.71 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 57.80% | +0.67 | 57.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.45 | 0.69% |
| Allowance / Loans (%) | — | 1.12% | -0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.30% | -0.99 | 1.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 2.51% | 2.51% | 2.54% | 2.59% | 2.65% | 2.68% | 2.72% | 2.83% |
| ▁▁▁▄▃▃▄█ | Return on Assets (%) | 0.58% | 0.55% | 0.58% | 0.70% | 0.66% | 0.67% | 0.71% | 0.89% |
| ██▇▅▆▆▅▁ | Efficiency Ratio (%) | 78.7% | 79.3% | 77.9% | 74.3% | 75.8% | 75.6% | 74.5% | 68.9% |
| ██▇▅▅▄▃▁ | Cost of Funds (%) | 1.99% | 2.01% | 1.92% | 1.83% | 1.84% | 1.80% | 1.71% | 1.60% |
| ▃█▁▄▅▄▁▁ | NPA / Assets (%) | 0.44% | 1.23% | 0.24% | 0.69% | 0.74% | 0.69% | 0.16% | 0.24% |
| ▃█▂▅▅▅▁▁ | Net Charge-Off Ratio (%) | 0.79% | 2.31% | 0.46% | 1.29% | 1.34% | 1.29% | 0.16% | 0.30% |
| ▁▄▂▃▅███ | Tang. Book Value ($M) | $21 | $25 | $23 | $24 | $26 | $28 | $29 | $29 |
| ▁▁▁▁▃▃█▄ | Gross Loans ($M) | $172 | $173 | $173 | $173 | $175 | $175 | $181 | $176 |
| ▁▄█▄▁▄█▆ | Total Deposits ($M) | $290 | $298 | $307 | $299 | $291 | $297 | $307 | $302 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 10% |
| Agricultural | 19% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |