Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.54% | -0.02 | 1.56% |
| Return on Equity (%) | ▼ | 14.89% | -2.48 | 17.37% |
| Net Interest Margin (%) | ▼ | 3.24% | -0.07 | 3.31% |
| Efficiency Ratio (%) | ▲ | 53.67% | -1.09 | 54.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▼ | 1.63% | +0.06 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $279 | +34.91 | $244 |
| Gross Loans ($M) | ▲ | $144 | +8.18 | $135 |
| Loan Growth YoY (%) | ▼ | 60.43% | -1.44 | 61.87% |
| Total Deposits ($M) | ▲ | $234 | +18.63 | $215 |
| Shareholders Equity ($M) | ▲ | $29 | +6.20 | $23 |
| Tang. Book Value ($M) | ▲ | $29 | +6.20 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +7.16 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 60.43% | -1.44 | 61.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.10 | 0.22% |
| Allowance / Loans (%) | — | 1.61% | -0.09% | 1.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.50% | +0.36 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▆███▁ | Net Interest Margin (%) | 3.24% | 3.23% | 3.24% | 3.31% | 3.35% | 3.34% | 3.34% | 3.24% |
| ▁▃▂▃▄█▇▂ | Return on Assets (%) | 1.51% | 1.56% | 1.54% | 1.56% | 1.58% | 1.67% | 1.65% | 1.54% |
| █▄▆██▁▁▅ | Efficiency Ratio (%) | 54.9% | 53.4% | 54.2% | 54.8% | 54.7% | 52.3% | 52.1% | 53.7% |
| █▅▄▁▁██▄ | Cost of Funds (%) | 1.73% | 1.66% | 1.63% | 1.56% | 1.55% | 1.71% | 1.72% | 1.63% |
| ███▂▁█▇█ | NPA / Assets (%) | 0.33% | 0.32% | 0.32% | 0.22% | 0.19% | 0.32% | 0.30% | 0.33% |
| ▅▄▄▁▂█▇█ | Net Charge-Off Ratio (%) | 0.33% | 0.31% | 0.31% | 0.14% | 0.23% | 0.47% | 0.44% | 0.50% |
| ▁▃▁▃▃▆██ | Tang. Book Value ($M) | $21 | $24 | $21 | $23 | $23 | $27 | $28 | $29 |
| ▁▁▄▃▄▅█▇ | Gross Loans ($M) | $130 | $131 | $137 | $135 | $138 | $140 | $147 | $144 |
| ▁▁▁▃▆▅▇█ | Total Deposits ($M) | $209 | $207 | $207 | $215 | $225 | $222 | $228 | $234 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 12% |
| Agricultural | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 7% |