Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.06 | 0.86% |
| Return on Equity (%) | ▲ | 8.68% | +0.30 | 8.38% |
| Net Interest Margin (%) | ▲ | 3.87% | +0.39 | 3.48% |
| Efficiency Ratio (%) | ▲ | 65.97% | -0.90 | 66.86% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.34 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $202 | -3.61 | $206 |
| Gross Loans ($M) | ▼ | $138 | -0.34 | $138 |
| Loan Growth YoY (%) | ▲ | 75.37% | +0.21 | 75.15% |
| Total Deposits ($M) | ▼ | $180 | -1.10 | $181 |
| Shareholders Equity ($M) | ▲ | $21 | +0.47 | $20 |
| Tang. Book Value ($M) | ▲ | $21 | +0.47 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +0.63 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 75.37% | +0.21 | 75.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.39% | +1.11 | 0.28% |
| Allowance / Loans (%) | — | 1.23% | 0.08% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 2.04% | +1.62 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▄▆▇█ | Net Interest Margin (%) | 3.42% | 3.44% | 3.49% | 3.48% | 3.63% | 3.72% | 3.78% | 3.87% |
| ▂▂▁▃▅▆█▄ | Return on Assets (%) | 0.83% | 0.83% | 0.79% | 0.86% | 0.95% | 0.98% | 1.05% | 0.92% |
| ▇█▇▅▃▃▁▅ | Efficiency Ratio (%) | 68.9% | 69.9% | 68.8% | 66.9% | 64.7% | 64.1% | 62.0% | 66.0% |
| ▆██▆▇▅▂▁ | Cost of Funds (%) | 2.09% | 2.24% | 2.27% | 2.08% | 2.14% | 2.02% | 1.87% | 1.74% |
| ▁▂▁▂▁▆▃█ | NPA / Assets (%) | 0.01% | 0.19% | 0.14% | 0.28% | 0.00% | 0.89% | 0.49% | 1.39% |
| ▁▂▁▂▁▅▃█ | Net Charge-Off Ratio (%) | 0.01% | 0.26% | 0.19% | 0.42% | 0.00% | 1.17% | 0.63% | 2.04% |
| ▁▄▄▁▄▆█▃ | Tang. Book Value ($M) | $20 | $21 | $21 | $20 | $21 | $22 | $22 | $21 |
| ▁▃▅▂▅▆█▂ | Gross Loans ($M) | $132 | $142 | $147 | $138 | $148 | $150 | $159 | $138 |
| ▁▃▅█▆▆▇█ | Total Deposits ($M) | $158 | $165 | $171 | $181 | $175 | $175 | $177 | $180 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 7% |
| Agricultural | 43% |
| Consumer | 2% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 15% |