Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.01 | 1.49% |
| Return on Equity (%) | ▼ | 9.28% | -0.69 | 9.97% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.22 | 3.85% |
| Efficiency Ratio (%) | ▼ | 51.70% | +2.60 | 49.10% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.00 | $1 |
| Cost of Funds (%) | ▲ | 1.23% | -0.16 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $219 | +4.61 | $214 |
| Gross Loans ($M) | ▼ | $150 | -8.59 | $158 |
| Loan Growth YoY (%) | ▼ | 80.40% | -5.83 | 86.23% |
| Total Deposits ($M) | ▲ | $183 | +2.32 | $181 |
| Shareholders Equity ($M) | ▲ | $35 | +2.25 | $33 |
| Tang. Book Value ($M) | ▲ | $30 | +2.24 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.38 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 80.40% | -5.83 | 86.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.25% | +1.84 | 0.40% |
| Allowance / Loans (%) | — | 1.42% | 0.14% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 3.29% | +2.74 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.22% | +1.95 | 17.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇███ | Net Interest Margin (%) | 3.53% | 3.49% | 3.54% | 3.85% | 3.96% | 4.02% | 4.04% | 4.07% |
| ▂▁▂▆██▇▆ | Return on Assets (%) | 1.34% | 1.30% | 1.36% | 1.49% | 1.56% | 1.55% | 1.52% | 1.50% |
| ▆█▅▃▁▃▂█ | Efficiency Ratio (%) | 50.5% | 51.6% | 50.2% | 49.1% | 48.2% | 49.2% | 48.9% | 51.7% |
| ▆█▅▃▁▁▁▁ | Cost of Funds (%) | 1.64% | 1.79% | 1.58% | 1.40% | 1.27% | 1.24% | 1.28% | 1.23% |
| ▁▁▁▂▆▁▂█ | NPA / Assets (%) | 0.14% | 0.11% | 0.23% | 0.40% | 1.56% | 0.36% | 0.53% | 2.25% |
| ▁▁▁▂▅▁▂█ | Net Charge-Off Ratio (%) | 0.18% | 0.15% | 0.30% | 0.55% | 2.06% | 0.47% | 0.71% | 3.29% |
| ▁▃▃▅▆▇██ | Tang. Book Value ($M) | $25 | $26 | $27 | $28 | $28 | $29 | $29 | $30 |
| ██▅▄▃▃▄▁ | Gross Loans ($M) | $169 | $168 | $161 | $158 | $155 | $155 | $158 | $150 |
| ▄█▇▆▃▁▄▇ | Total Deposits ($M) | $175 | $188 | $183 | $181 | $172 | $167 | $175 | $183 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 11% |
| Agricultural | 44% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 8% |