Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.16 | 0.88% |
| Return on Equity (%) | ▲ | 10.92% | +1.30 | 9.62% |
| Net Interest Margin (%) | ▲ | 2.88% | +0.35 | 2.54% |
| Efficiency Ratio (%) | ▲ | 61.38% | -4.17 | 65.56% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 2.00% | -0.14 | 2.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $189 | -3.73 | $193 |
| Gross Loans ($M) | ▲ | $132 | +5.63 | $126 |
| Loan Growth YoY (%) | ▲ | 91.52% | +2.10 | 89.42% |
| Total Deposits ($M) | ▲ | $143 | +2.87 | $140 |
| Shareholders Equity ($M) | ▲ | $18 | +0.46 | $18 |
| Tang. Book Value ($M) | ▲ | $18 | +0.46 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +0.15 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 91.52% | +2.10 | 89.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.03 | 0.40% |
| Allowance / Loans (%) | — | 0.80% | 0.02% | 0.79% |
| Net Charge-Off Ratio (%) | ▲ | 0.52% | -0.09 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 2.29% | 2.32% | 2.39% | 2.54% | 2.62% | 2.66% | 2.69% | 2.88% |
| ▁▁▁▅▅▅▄█ | Return on Assets (%) | 0.66% | 0.67% | 0.70% | 0.88% | 0.89% | 0.87% | 0.83% | 1.04% |
| ███▄▄▄▅▁ | Efficiency Ratio (%) | 70.9% | 70.5% | 70.1% | 65.6% | 65.3% | 66.0% | 66.8% | 61.4% |
| ▆▇▁▅█▆▃▂ | Cost of Funds (%) | 2.15% | 2.19% | 1.95% | 2.13% | 2.25% | 2.14% | 2.06% | 2.00% |
| ▂▁▁▃▅█▅▃ | NPA / Assets (%) | 0.16% | 0.02% | 0.03% | 0.40% | 0.60% | 1.06% | 0.58% | 0.36% |
| ▂▁▁▃▅█▅▃ | Net Charge-Off Ratio (%) | 0.27% | 0.03% | 0.05% | 0.61% | 0.91% | 1.61% | 0.87% | 0.52% |
| ▁▂▃▃▄▅▅█ | Tang. Book Value ($M) | $17 | $18 | $18 | $18 | $18 | $18 | $18 | $18 |
| ▁▂▅▆▄▅▆█ | Gross Loans ($M) | $110 | $113 | $122 | $126 | $121 | $122 | $126 | $132 |
| ▁▁▆▅▃▃█▇ | Total Deposits ($M) | $130 | $130 | $140 | $140 | $134 | $135 | $146 | $143 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 15% |
| Agricultural | 30% |
| Consumer | 1% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |