Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.37% | -0.23 | 1.59% |
| Return on Equity (%) | ▼ | 10.30% | -2.58 | 12.88% |
| Net Interest Margin (%) | ▼ | 3.95% | -0.00 | 3.95% |
| Efficiency Ratio (%) | ▼ | 55.75% | +4.75 | 51.00% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.62% | -0.09 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $139 | +11.67 | $128 |
| Gross Loans ($M) | ▲ | $90 | +3.33 | $86 |
| Loan Growth YoY (%) | ▼ | 74.08% | -3.52 | 77.60% |
| Total Deposits ($M) | ▲ | $120 | +9.79 | $110 |
| Shareholders Equity ($M) | ▲ | $18 | +1.95 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.95 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.13 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 74.08% | -3.52 | 77.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.27% | -0.47 | 1.74% |
| Allowance / Loans (%) | — | 1.20% | -0.10% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 1.97% | -0.60 | 2.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.46% | +0.97 | 21.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▁▅▇█▁ | Net Interest Margin (%) | 3.96% | 3.97% | 4.03% | 3.95% | 4.03% | 4.07% | 4.09% | 3.95% |
| ▇▆█▆▅▆▆▁ | Return on Assets (%) | 1.67% | 1.59% | 1.72% | 1.59% | 1.55% | 1.63% | 1.61% | 1.37% |
| ▁▃▁▃▄▃▄█ | Efficiency Ratio (%) | 49.0% | 51.2% | 49.8% | 51.0% | 51.6% | 51.1% | 52.0% | 55.8% |
| ▆█▇▄██▅▁ | Cost of Funds (%) | 1.77% | 1.84% | 1.80% | 1.71% | 1.85% | 1.82% | 1.74% | 1.62% |
| ██▃▄▃▁▁▁ | NPA / Assets (%) | 2.52% | 2.46% | 1.70% | 1.74% | 1.73% | 1.41% | 1.32% | 1.27% |
| ██▃▄▃▁▁▁ | Net Charge-Off Ratio (%) | 3.54% | 3.48% | 2.54% | 2.58% | 2.47% | 2.03% | 1.94% | 1.97% |
| ▁▂▃▄▅▇▇█ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $17 | $18 | $18 | $18 |
| ▆█▃▁█▇█▇ | Gross Loans ($M) | $89 | $90 | $88 | $86 | $90 | $90 | $90 | $90 |
| ▁▂▄▁▁▁▄█ | Total Deposits ($M) | $109 | $111 | $114 | $110 | $110 | $110 | $114 | $120 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 49% |
| C&I / Commercial | 12% |
| Agricultural | 31% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 9% |