Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.52% | +0.27 | 2.26% |
| Return on Equity (%) | ▲ | 14.11% | +1.02 | 13.09% |
| Net Interest Margin (%) | ▲ | 4.74% | +0.19 | 4.55% |
| Efficiency Ratio (%) | ▲ | 48.56% | -4.01 | 52.56% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 1.33% | -0.08 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $222 | +12.86 | $209 |
| Gross Loans ($M) | ▲ | $123 | +4.38 | $119 |
| Loan Growth YoY (%) | ▼ | 66.86% | -1.15 | 68.01% |
| Total Deposits ($M) | ▲ | $181 | +9.59 | $172 |
| Shareholders Equity ($M) | ▲ | $39 | +3.25 | $36 |
| Tang. Book Value ($M) | ▲ | $39 | +3.25 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.75 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 66.86% | -1.15 | 68.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.11 | 0.29% |
| Allowance / Loans (%) | — | 1.44% | -0.10% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.18 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▆▁▁▂▂▂ | Net Interest Margin (%) | 5.37% | 5.16% | 5.08% | 4.55% | 4.61% | 4.69% | 4.75% | 4.74% |
| █▇▆▁▂▃▂▃ | Return on Assets (%) | 3.04% | 2.88% | 2.82% | 2.26% | 2.45% | 2.46% | 2.41% | 2.52% |
| ▁▂▂█▆▆▅▅ | Efficiency Ratio (%) | 43.4% | 44.9% | 45.5% | 52.6% | 49.2% | 49.7% | 48.4% | 48.6% |
| ▁██▇███▄ | Cost of Funds (%) | 1.20% | 1.47% | 1.47% | 1.41% | 1.47% | 1.47% | 1.48% | 1.33% |
| ▃▄▃▃█▇▄▁ | NPA / Assets (%) | 0.26% | 0.30% | 0.27% | 0.29% | 0.49% | 0.44% | 0.32% | 0.18% |
| ▂▃▂▄█▇▄▁ | Net Charge-Off Ratio (%) | 0.41% | 0.49% | 0.44% | 0.51% | 0.80% | 0.74% | 0.53% | 0.33% |
| ▁▃▃▄▄▆██ | Tang. Book Value ($M) | $33 | $35 | $35 | $36 | $36 | $37 | $39 | $39 |
| ▇▆▄▁███▅ | Gross Loans ($M) | $125 | $124 | $123 | $119 | $126 | $127 | $127 | $123 |
| ▁▂▁▄▄▆▅█ | Total Deposits ($M) | $163 | $166 | $165 | $172 | $172 | $175 | $173 | $181 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 21% |
| Agricultural | 16% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 10% |