Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.01 | 0.65% |
| Return on Equity (%) | ▼ | 8.66% | -0.98 | 9.64% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.00 | 3.37% |
| Efficiency Ratio (%) | ▲ | 74.17% | -3.04 | 77.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.20% | -0.18 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $251 | +12.27 | $238 |
| Gross Loans ($M) | ▲ | $120 | +3.48 | $117 |
| Loan Growth YoY (%) | ▼ | 50.88% | -0.77 | 51.65% |
| Total Deposits ($M) | ▲ | $230 | +10.11 | $220 |
| Shareholders Equity ($M) | ▲ | $19 | +2.46 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +2.46 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +2.32 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 50.88% | -0.77 | 51.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.18 | 0.37% |
| Allowance / Loans (%) | — | 2.47% | -0.05% | 2.52% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -0.36 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.94% | +1.03 | 18.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅███▅ | Net Interest Margin (%) | 3.18% | 3.19% | 3.19% | 3.37% | 3.45% | 3.49% | 3.46% | 3.37% |
| ▁▁▁▅▇█▇▅ | Return on Assets (%) | 0.52% | 0.52% | 0.51% | 0.65% | 0.73% | 0.77% | 0.73% | 0.66% |
| ███▆▃▂▁▁ | Efficiency Ratio (%) | 78.6% | 78.6% | 78.7% | 77.2% | 75.8% | 74.9% | 74.7% | 74.2% |
| ▇█▆▄▃▂▁▁ | Cost of Funds (%) | 1.58% | 1.67% | 1.54% | 1.38% | 1.34% | 1.30% | 1.26% | 1.20% |
| ▃▆▁█▄▄▃▃ | NPA / Assets (%) | 0.17% | 0.28% | 0.09% | 0.37% | 0.21% | 0.20% | 0.18% | 0.19% |
| ▃▅▂█▅▁▄▄ | Net Charge-Off Ratio (%) | 0.28% | 0.47% | 0.15% | 0.75% | 0.41% | 0.06% | 0.37% | 0.39% |
| ▁▆▁▄▄███ | Tang. Book Value ($M) | $15 | $18 | $15 | $17 | $17 | $19 | $19 | $19 |
| ▄█▂▁▆█▅▄ | Gross Loans ($M) | $120 | $126 | $119 | $117 | $123 | $126 | $122 | $120 |
| ▁▁▆▆▅▆██ | Total Deposits ($M) | $203 | $202 | $221 | $220 | $219 | $223 | $230 | $230 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 24% |
| Agricultural | 13% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 12% |