Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.81% | -0.06 | 2.87% |
| Return on Equity (%) | ▼ | 29.74% | -0.31 | 30.05% |
| Net Interest Margin (%) | ▲ | 5.51% | +0.11 | 5.40% |
| Efficiency Ratio (%) | ▼ | 46.36% | +1.86 | 44.49% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.07 | $2 |
| Cost of Funds (%) | ▲ | 1.36% | -0.06 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $219 | +9.38 | $210 |
| Gross Loans ($M) | ▲ | $171 | +4.75 | $166 |
| Loan Growth YoY (%) | ▼ | 84.64% | -1.37 | 86.02% |
| Total Deposits ($M) | ▲ | $200 | +8.72 | $191 |
| Shareholders Equity ($M) | ▲ | $19 | +0.61 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +0.62 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.09 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 84.64% | -1.37 | 86.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.03 | 0.09% |
| Allowance / Loans (%) | — | 0.98% | -0.03% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.04 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅█▆█ | Net Interest Margin (%) | 5.26% | 5.24% | 5.24% | 5.40% | 5.41% | 5.53% | 5.43% | 5.51% |
| ▂▂▁▄▅█▄▂ | Return on Assets (%) | 2.81% | 2.80% | 2.77% | 2.87% | 2.91% | 3.02% | 2.88% | 2.81% |
| ▁▁▃▂▂▂▆█ | Efficiency Ratio (%) | 44.1% | 44.1% | 44.8% | 44.5% | 44.5% | 44.4% | 45.7% | 46.4% |
| ▃█▄▂▂▄▃▁ | Cost of Funds (%) | 1.47% | 1.71% | 1.51% | 1.43% | 1.42% | 1.50% | 1.47% | 1.36% |
| ▁█▁▂▄▁▃▂ | NPA / Assets (%) | 0.07% | 0.33% | 0.06% | 0.09% | 0.18% | 0.06% | 0.14% | 0.13% |
| ▁█▁▂▂▁▃▂ | Net Charge-Off Ratio (%) | 0.09% | 0.41% | 0.07% | 0.12% | 0.13% | 0.07% | 0.18% | 0.15% |
| ▁▄▆▁▃▆█▂ | Tang. Book Value ($M) | $19 | $20 | $22 | $18 | $20 | $22 | $23 | $19 |
| ▃▁▁▄▄█▇█ | Gross Loans ($M) | $165 | $162 | $163 | $166 | $166 | $170 | $169 | $171 |
| ▁▂▄▆▇▅██ | Total Deposits ($M) | $175 | $179 | $187 | $191 | $196 | $188 | $199 | $200 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 12% |
| Agricultural | 13% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 10% |