Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.05 | 0.93% |
| Return on Equity (%) | ▲ | 10.30% | +0.38 | 9.92% |
| Net Interest Margin (%) | ▲ | 2.99% | +0.46 | 2.52% |
| Efficiency Ratio (%) | ▲ | 56.57% | -6.28 | 62.86% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $0 |
| Cost of Funds (%) | ▲ | 2.63% | -0.26 | 2.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $213 | +25.47 | $187 |
| Gross Loans ($M) | ▲ | $139 | +25.45 | $113 |
| Loan Growth YoY (%) | ▲ | 81.25% | +5.68 | 75.57% |
| Total Deposits ($M) | ▲ | $169 | +20.79 | $149 |
| Shareholders Equity ($M) | ▲ | $20 | +2.07 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.07 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +2.22 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 81.25% | +5.68 | 75.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.95 | 0.95% |
| Allowance / Loans (%) | — | 0.90% | -0.09% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.57 | 1.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.98% | -1.41 | 15.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▂▁▂▃▅█ | Net Interest Margin (%) | 2.74% | 2.65% | 2.61% | 2.52% | 2.61% | 2.69% | 2.76% | 2.99% |
| █▇▁▂▅▅▅▃ | Return on Assets (%) | 1.18% | 1.12% | 0.88% | 0.93% | 1.05% | 1.06% | 1.06% | 0.98% |
| ▁▂▄█▂▁▁▂ | Efficiency Ratio (%) | 54.6% | 56.1% | 57.9% | 62.9% | 56.6% | 55.6% | 54.7% | 56.6% |
| ▃███▄▄▃▁ | Cost of Funds (%) | 2.73% | 2.91% | 2.88% | 2.89% | 2.75% | 2.75% | 2.70% | 2.63% |
| █▆▆▆▃▂▂▁ | NPA / Assets (%) | 1.42% | 1.04% | 0.93% | 0.95% | 0.50% | 0.19% | 0.18% | 0.00% |
| █▆▆▆▃▂▁▁ | Net Charge-Off Ratio (%) | 2.33% | 1.73% | 1.52% | 1.57% | 0.80% | 0.30% | 0.28% | 0.00% |
| ▁▅▂▂▃▇█▇ | Tang. Book Value ($M) | $17 | $19 | $18 | $18 | $18 | $20 | $20 | $20 |
| ▁▁▂▁▃▆██ | Gross Loans ($M) | $110 | $111 | $117 | $113 | $121 | $128 | $136 | $139 |
| ▁▂▄▃▅▆▇█ | Total Deposits ($M) | $136 | $142 | $150 | $149 | $154 | $160 | $164 | $169 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 44% |
| C&I / Commercial | 25% |
| Agricultural | 30% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 37% |