Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.29 | 1.21% |
| Return on Equity (%) | ▲ | 16.36% | +2.82 | 13.54% |
| Net Interest Margin (%) | ▲ | 4.63% | +0.13 | 4.50% |
| Efficiency Ratio (%) | ▲ | 51.34% | -4.80 | 56.15% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.12 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $343 | +32.80 | $310 |
| Gross Loans ($M) | ▲ | $265 | +21.25 | $243 |
| Loan Growth YoY (%) | ▼ | 84.13% | -2.11 | 86.25% |
| Total Deposits ($M) | ▲ | $310 | +32.47 | $277 |
| Shareholders Equity ($M) | ▲ | $31 | +3.23 | $28 |
| Tang. Book Value ($M) | ▲ | $31 | +3.23 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.43 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 84.13% | -2.11 | 86.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.73% | -0.88 | 2.60% |
| Allowance / Loans (%) | — | 1.50% | -0.21% | 1.71% |
| Net Charge-Off Ratio (%) | ▲ | 1.84% | -0.75 | 2.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▇▁▃▅▇▆ | Net Interest Margin (%) | 4.69% | 4.65% | 4.66% | 4.50% | 4.57% | 4.61% | 4.66% | 4.63% |
| ▆▃▁▃▂▂▃█ | Return on Assets (%) | 1.38% | 1.18% | 1.06% | 1.21% | 1.13% | 1.14% | 1.20% | 1.50% |
| ███▅▆▇▇▁ | Efficiency Ratio (%) | 59.4% | 59.8% | 59.5% | 56.1% | 56.8% | 58.3% | 57.8% | 51.3% |
| ▁▄▆▅▆█▅▂ | Cost of Funds (%) | 1.62% | 1.79% | 1.88% | 1.82% | 1.88% | 1.97% | 1.82% | 1.71% |
| ▆█▇▇▆▆▂▁ | NPA / Assets (%) | 2.46% | 2.81% | 2.64% | 2.60% | 2.47% | 2.53% | 1.96% | 1.73% |
| ▆█▅▅▄▅▁▁ | Net Charge-Off Ratio (%) | 2.89% | 3.30% | 2.61% | 2.59% | 2.46% | 2.57% | 1.99% | 1.84% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $26 | $27 | $27 | $28 | $28 | $29 | $30 | $31 |
| ▁▂▂▂▄█▇█ | Gross Loans ($M) | $239 | $244 | $242 | $243 | $251 | $262 | $261 | $265 |
| ▁▂▃▄▅▄▆█ | Total Deposits ($M) | $252 | $261 | $271 | $277 | $283 | $278 | $292 | $310 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 14% |
| Agricultural | 17% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |