Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.41% | +0.21 | 2.20% |
| Return on Equity (%) | ▲ | 19.21% | +0.41 | 18.80% |
| Net Interest Margin (%) | ▲ | 5.10% | +0.30 | 4.80% |
| Efficiency Ratio (%) | ▲ | 49.36% | -1.62 | 50.98% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.21 | $2 |
| Cost of Funds (%) | ▲ | 1.73% | -0.23 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $265 | +18.38 | $246 |
| Gross Loans ($M) | ▲ | $220 | +14.83 | $205 |
| Loan Growth YoY (%) | ▲ | 103.45% | +5.13 | 98.33% |
| Total Deposits ($M) | ▲ | $209 | +3.62 | $205 |
| Shareholders Equity ($M) | ▲ | $34 | +4.67 | $29 |
| Tang. Book Value ($M) | ▲ | $33 | +4.67 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +4.60 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 103.45% | +5.13 | 98.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.34 | 0.42% |
| Allowance / Loans (%) | — | 1.67% | 0.16% | 1.51% |
| Net Charge-Off Ratio (%) | ▼ | 0.91% | +0.41 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.98% | +0.63 | 13.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 4.39% | 4.45% | 4.51% | 4.80% | 4.89% | 4.94% | 4.93% | 5.10% |
| ▁▁▁▅▇▅▅█ | Return on Assets (%) | 1.88% | 1.86% | 1.91% | 2.20% | 2.29% | 2.20% | 2.18% | 2.41% |
| ██▇▃▁▁▂▁ | Efficiency Ratio (%) | 54.3% | 54.9% | 54.0% | 51.0% | 50.0% | 49.9% | 50.2% | 49.4% |
| ██▅▃▃▃▂▁ | Cost of Funds (%) | 2.47% | 2.40% | 2.16% | 1.96% | 1.98% | 1.96% | 1.91% | 1.73% |
| ▂▄▁▁▂▄█▄ | NPA / Assets (%) | 0.51% | 0.88% | 0.28% | 0.42% | 0.44% | 0.76% | 1.54% | 0.76% |
| ▂▄▁▁▁▃█▄ | Net Charge-Off Ratio (%) | 0.62% | 1.08% | 0.33% | 0.50% | 0.52% | 0.91% | 1.88% | 0.91% |
| ▁▂▃▃▄▆▇█ | Tang. Book Value ($M) | $26 | $27 | $28 | $29 | $30 | $31 | $32 | $33 |
| ▁▁▄▂▃███ | Gross Loans ($M) | $200 | $200 | $209 | $205 | $207 | $221 | $219 | $220 |
| ▃▁▆▆▃▆▄█ | Total Deposits ($M) | $200 | $195 | $205 | $205 | $199 | $204 | $201 | $209 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 14% |
| Agricultural | 28% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 17% |