Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.75 | 0.99% |
| Return on Equity (%) | ▲ | 13.39% | +5.20 | 8.19% |
| Net Interest Margin (%) | ▲ | 4.52% | +0.51 | 4.01% |
| Efficiency Ratio (%) | ▲ | 55.61% | -8.71 | 64.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.30 | $1 |
| Cost of Funds (%) | ▲ | 0.90% | -0.05 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $203 | +1.28 | $201 |
| Gross Loans ($M) | ▲ | $101 | +4.67 | $97 |
| Loan Growth YoY (%) | ▲ | 58.73% | +3.03 | 55.70% |
| Total Deposits ($M) | ▼ | $171 | -0.62 | $172 |
| Shareholders Equity ($M) | ▲ | $26 | +1.41 | $25 |
| Tang. Book Value ($M) | ▲ | $26 | +1.41 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +1.25 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 58.73% | +3.03 | 55.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.91% | -0.96 | 1.87% |
| Allowance / Loans (%) | — | 0.96% | -0.23% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -3.42 | 3.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▄▁▄▅▆█ | Net Interest Margin (%) | 4.16% | 4.16% | 4.20% | 4.01% | 4.23% | 4.28% | 4.37% | 4.52% |
| ▄▄▆▁▁▂▃█ | Return on Assets (%) | 1.28% | 1.33% | 1.50% | 0.99% | 1.00% | 1.16% | 1.25% | 1.74% |
| ▃▄▁█▄▂▂▁ | Efficiency Ratio (%) | 58.8% | 59.6% | 56.6% | 64.3% | 59.3% | 57.4% | 57.3% | 55.6% |
| ▁▇█▄▁▆█▃ | Cost of Funds (%) | 0.87% | 1.03% | 1.06% | 0.95% | 0.85% | 0.99% | 1.04% | 0.90% |
| █████▅▁▁ | NPA / Assets (%) | 1.84% | 1.84% | 1.83% | 1.87% | 1.91% | 1.52% | 0.91% | 0.91% |
| █████▆▁▁ | Net Charge-Off Ratio (%) | 3.60% | 3.79% | 3.35% | 3.42% | 3.37% | 2.56% | 0.00% | 0.00% |
| ▁▃▄▅▆██▇ | Tang. Book Value ($M) | $23 | $24 | $24 | $25 | $25 | $27 | $26 | $26 |
| █▄▂▁▂▇▆▄ | Gross Loans ($M) | $106 | $101 | $99 | $97 | $98 | $104 | $103 | $101 |
| █▅▆▃▁▂▂▃ | Total Deposits ($M) | $181 | $175 | $176 | $172 | $167 | $170 | $170 | $171 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 24% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 3% |