Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.45 | 0.65% |
| Return on Equity (%) | ▲ | 8.84% | +3.22 | 5.62% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.29 | 3.07% |
| Efficiency Ratio (%) | ▲ | 57.73% | -6.08 | 63.82% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.82% | -0.04 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $255 | +19.08 | $236 |
| Gross Loans ($M) | ▲ | $142 | +4.75 | $137 |
| Loan Growth YoY (%) | ▼ | 62.26% | -2.23 | 64.49% |
| Total Deposits ($M) | ▲ | $224 | +15.58 | $208 |
| Shareholders Equity ($M) | ▲ | $31 | +3.34 | $27 |
| Tang. Book Value ($M) | ▲ | $31 | +3.34 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.76 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 62.26% | -2.23 | 64.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.00% | -0.92 | 1.92% |
| Allowance / Loans (%) | — | 1.63% | -0.27% | 1.89% |
| Net Charge-Off Ratio (%) | ▲ | 1.79% | -1.51 | 3.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▇███ | Net Interest Margin (%) | 2.77% | 2.91% | 3.00% | 3.07% | 3.29% | 3.32% | 3.40% | 3.37% |
| ▁▂▁▂▄▅▅█ | Return on Assets (%) | 0.57% | 0.64% | 0.55% | 0.65% | 0.79% | 0.84% | 0.83% | 1.10% |
| █▇█▃▂▂▄▁ | Efficiency Ratio (%) | 73.0% | 70.9% | 74.1% | 63.8% | 61.0% | 61.2% | 65.6% | 57.7% |
| █▆▂▁▂▂▁▁ | Cost of Funds (%) | 2.20% | 2.06% | 1.89% | 1.86% | 1.90% | 1.88% | 1.84% | 1.82% |
| ▄▆▅▆█▃▂▁ | NPA / Assets (%) | 1.60% | 2.00% | 1.85% | 1.92% | 2.45% | 1.46% | 1.24% | 1.00% |
| ▂▅▄▆█▃▁▁ | Net Charge-Off Ratio (%) | 2.34% | 2.99% | 2.78% | 3.31% | 4.11% | 2.52% | 2.07% | 1.79% |
| ▁▄▁▄▅▇██ | Tang. Book Value ($M) | $25 | $28 | $26 | $27 | $28 | $30 | $30 | $31 |
| █▆▇▁▂▁▃▃ | Gross Loans ($M) | $153 | $148 | $150 | $137 | $139 | $136 | $141 | $142 |
| ▂▁▁▅▄▄▄█ | Total Deposits ($M) | $199 | $191 | $195 | $208 | $205 | $204 | $204 | $224 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 13% |
| Agricultural | 22% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |