Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.39 | 0.51% |
| Return on Equity (%) | ▲ | 9.43% | +4.20 | 5.23% |
| Net Interest Margin (%) | ▼ | 2.90% | -0.11 | 3.01% |
| Efficiency Ratio (%) | ▲ | 65.25% | -18.67 | 83.92% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.41 | $0 |
| Cost of Funds (%) | ▼ | 2.59% | +0.12 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $288 | +12.41 | $275 |
| Gross Loans ($M) | ▲ | $177 | +7.05 | $170 |
| Loan Growth YoY (%) | ▼ | 68.91% | -0.16 | 69.07% |
| Total Deposits ($M) | ▲ | $251 | +10.81 | $241 |
| Shareholders Equity ($M) | ▲ | $28 | +2.05 | $26 |
| Tang. Book Value ($M) | ▲ | $26 | +2.23 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.16 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 68.91% | -0.16 | 69.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.26% | +0.06 | 1.20% |
| Allowance / Loans (%) | — | 2.20% | -0.10% | 2.30% |
| Net Charge-Off Ratio (%) | ▼ | 1.96% | +0.15 | 1.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁█▇█▇▇ | Net Interest Margin (%) | 2.40% | 2.41% | 2.45% | 3.01% | 2.93% | 2.97% | 2.90% | 2.90% |
| ▁▂▁▁▅█▇█ | Return on Assets (%) | 0.56% | 0.58% | 0.56% | 0.51% | 0.73% | 0.87% | 0.81% | 0.90% |
| ▅▅▅█▅▂▃▁ | Efficiency Ratio (%) | 75.6% | 74.7% | 76.5% | 83.9% | 75.8% | 69.2% | 70.1% | 65.2% |
| ▆█▇▁▅▅▄▃ | Cost of Funds (%) | 2.79% | 2.93% | 2.87% | 2.47% | 2.70% | 2.70% | 2.65% | 2.59% |
| ▁▁▁▇█▆▆█ | NPA / Assets (%) | 0.10% | 0.10% | 0.09% | 1.20% | 1.37% | 0.99% | 1.00% | 1.26% |
| ▁▁▁▇█▆▆█ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.00% | 1.82% | 2.15% | 1.56% | 1.60% | 1.96% |
| ▄█▅▁▂▆█▆ | Tang. Book Value ($M) | $25 | $27 | $25 | $24 | $24 | $26 | $26 | $26 |
| ▁▁▁▇▇▇██ | Gross Loans ($M) | $139 | $137 | $142 | $170 | $170 | $171 | $176 | $177 |
| ▁▁▂▆▇▇█▇ | Total Deposits ($M) | $201 | $204 | $210 | $241 | $246 | $250 | $260 | $251 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 14% |
| Agricultural | 23% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 15% |