Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.56% | +0.03 | 0.53% |
| Return on Equity (%) | ▼ | 4.72% | -0.09 | 4.81% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.31 | 3.52% |
| Efficiency Ratio (%) | ▲ | 75.13% | -1.30 | 76.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 2.44% | -0.29 | 2.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $607 | +3.42 | $604 |
| Gross Loans ($M) | ▲ | $560 | +2.05 | $558 |
| Loan Growth YoY (%) | ▼ | 114.36% | -9.46 | 123.82% |
| Total Deposits ($M) | ▲ | $483 | +38.83 | $444 |
| Shareholders Equity ($M) | ▲ | $72 | +6.90 | $65 |
| Tang. Book Value ($M) | ▲ | $64 | +6.90 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 114.36% | -9.46 | 123.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.29 | 0.59% |
| Allowance / Loans (%) | — | 1.22% | -0.06% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.78% | +0.14 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▆▇▇█ | Net Interest Margin (%) | 2.82% | 2.86% | 2.92% | 3.52% | 3.57% | 3.69% | 3.70% | 3.84% |
| ▅▅▁█▇███ | Return on Assets (%) | 0.29% | 0.33% | -0.09% | 0.53% | 0.49% | 0.60% | 0.61% | 0.56% |
| ██▇▃▃▁▁▂ | Efficiency Ratio (%) | 84.0% | 82.8% | 82.3% | 76.4% | 75.6% | 72.8% | 73.1% | 75.1% |
| ▇█▅▃▄▅▃▁ | Cost of Funds (%) | 3.13% | 3.29% | 2.90% | 2.73% | 2.80% | 2.89% | 2.72% | 2.44% |
| ▁▁▄▄▂▂█▆ | NPA / Assets (%) | 0.27% | 0.20% | 0.58% | 0.59% | 0.38% | 0.42% | 1.22% | 0.88% |
| ▁▁▄▄▂▃█▅ | Net Charge-Off Ratio (%) | 0.30% | 0.22% | 0.65% | 0.64% | 0.42% | 0.46% | 1.14% | 0.78% |
| ▁▁▂▃▆▇██ | Tang. Book Value ($M) | $54 | $55 | $56 | $57 | $61 | $62 | $63 | $64 |
| ▁▁▁▇██▇▇ | Gross Loans ($M) | $514 | $515 | $515 | $558 | $561 | $567 | $555 | $560 |
| ▃▂▂▁▅▅▆█ | Total Deposits ($M) | $455 | $453 | $450 | $444 | $466 | $467 | $472 | $483 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 19% |
| Agricultural | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 30% |