Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.04 | 1.25% |
| Return on Equity (%) | ▼ | 13.11% | -0.84 | 13.95% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.34 | 4.00% |
| Efficiency Ratio (%) | ▼ | 63.83% | +2.71 | 61.12% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.11% | -0.07 | 1.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $321 | +2.03 | $319 |
| Gross Loans ($M) | ▲ | $205 | +3.85 | $201 |
| Loan Growth YoY (%) | ▲ | 70.27% | +1.61 | 68.67% |
| Total Deposits ($M) | ▼ | $288 | -1.07 | $289 |
| Shareholders Equity ($M) | ▲ | $32 | +3.20 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +3.20 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +3.28 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 70.27% | +1.61 | 68.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.78% | +0.52 | 0.26% |
| Allowance / Loans (%) | — | 1.52% | -0.04% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 1.20% | +0.78 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▆▇█ | Net Interest Margin (%) | 3.74% | 3.68% | 3.71% | 4.00% | 4.10% | 4.15% | 4.18% | 4.34% |
| ▅▃▁▄▇██▅ | Return on Assets (%) | 1.27% | 1.21% | 1.14% | 1.25% | 1.35% | 1.38% | 1.37% | 1.29% |
| ▁▂▆▅▁▁▁█ | Efficiency Ratio (%) | 58.4% | 59.7% | 61.9% | 61.1% | 58.9% | 58.4% | 59.0% | 63.8% |
| ▄█▇▂▂▅▄▁ | Cost of Funds (%) | 1.30% | 1.61% | 1.51% | 1.18% | 1.19% | 1.41% | 1.34% | 1.11% |
| ▁▁▁▂█▄▅▇ | NPA / Assets (%) | 0.05% | 0.05% | 0.07% | 0.26% | 0.95% | 0.44% | 0.54% | 0.78% |
| ▁▁▁▃█▄▅▇ | Net Charge-Off Ratio (%) | 0.08% | 0.07% | 0.11% | 0.42% | 1.40% | 0.65% | 0.81% | 1.20% |
| ▁▄▁▂▄▇██ | Tang. Book Value ($M) | $28 | $30 | $28 | $29 | $30 | $31 | $32 | $32 |
| ▃▄▁▁▇█▅▂ | Gross Loans ($M) | $209 | $213 | $204 | $201 | $221 | $225 | $215 | $205 |
| ▃▁▁█▃▁▄█ | Total Deposits ($M) | $273 | $268 | $267 | $289 | $274 | $269 | $276 | $288 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 11% |
| Agricultural | 27% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 5% |