Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.13% | +0.19 | 1.95% |
| Return on Equity (%) | ▲ | 16.63% | +1.89 | 14.74% |
| Net Interest Margin (%) | ▲ | 4.65% | +0.24 | 4.41% |
| Efficiency Ratio (%) | ▼ | 49.20% | +3.20 | 46.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.87% | -0.24 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $247 | +31.78 | $215 |
| Gross Loans ($M) | ▲ | $204 | +29.40 | $175 |
| Loan Growth YoY (%) | ▼ | 98.92% | -16.88 | 115.80% |
| Total Deposits ($M) | ▲ | $203 | +54.48 | $149 |
| Shareholders Equity ($M) | ▲ | $31 | +3.45 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +3.17 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +3.19 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 98.92% | -16.88 | 115.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.39 | 0.37% |
| Allowance / Loans (%) | — | 1.57% | 0.08% | 1.49% |
| Net Charge-Off Ratio (%) | ▼ | 0.92% | +0.47 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅▁▄▄▄▅ | Net Interest Margin (%) | 4.83% | 4.79% | 4.66% | 4.41% | 4.57% | 4.60% | 4.61% | 4.65% |
| ██▅▁▄▆▄▅ | Return on Assets (%) | 2.32% | 2.31% | 2.14% | 1.95% | 2.12% | 2.19% | 2.10% | 2.13% |
| ▁▁▄▅▂▂▅█ | Efficiency Ratio (%) | 42.3% | 42.4% | 44.9% | 46.0% | 43.9% | 43.3% | 46.2% | 49.2% |
| ██▄▃▄▂▁▁ | Cost of Funds (%) | 2.60% | 2.60% | 2.22% | 2.11% | 2.19% | 2.04% | 1.86% | 1.87% |
| ▁▃▄▃▄█▇▇ | NPA / Assets (%) | 0.03% | 0.37% | 0.39% | 0.37% | 0.43% | 0.98% | 0.81% | 0.76% |
| ▁▄▄▃▄█▇▇ | Net Charge-Off Ratio (%) | 0.04% | 0.47% | 0.49% | 0.46% | 0.53% | 1.20% | 1.00% | 0.92% |
| ▁▃▄▃▅▇██ | Tang. Book Value ($M) | $25 | $26 | $27 | $26 | $28 | $29 | $30 | $29 |
| ▁▁▂▄▃▃▇█ | Gross Loans ($M) | $156 | $153 | $164 | $175 | $167 | $167 | $194 | $204 |
| ▁▁▁▂▂▁██ | Total Deposits ($M) | $140 | $146 | $138 | $149 | $148 | $145 | $201 | $203 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 24% |
| C&I / Commercial | 9% |
| Agricultural | 66% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 16% |