Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.50% | -0.13 | 1.63% |
| Return on Equity (%) | ▼ | 17.24% | -1.70 | 18.94% |
| Net Interest Margin (%) | ▲ | 4.63% | +0.12 | 4.51% |
| Efficiency Ratio (%) | ▼ | 62.49% | +3.28 | 59.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.11 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $211 | +16.34 | $195 |
| Gross Loans ($M) | ▲ | $140 | +3.09 | $137 |
| Loan Growth YoY (%) | ▼ | 71.98% | -4.48 | 76.46% |
| Total Deposits ($M) | ▲ | $193 | +14.97 | $178 |
| Shareholders Equity ($M) | ▲ | $18 | +1.20 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.20 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.35 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 71.98% | -4.48 | 76.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.50 | 0.68% |
| Allowance / Loans (%) | — | 1.36% | 0.17% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.69 | 0.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.93% | +0.83 | 11.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▇▇▇██ | Net Interest Margin (%) | 3.88% | 3.97% | 4.13% | 4.51% | 4.56% | 4.60% | 4.70% | 4.63% |
| ▁▁▃▇▇▇█▅ | Return on Assets (%) | 1.01% | 1.06% | 1.23% | 1.63% | 1.69% | 1.73% | 1.83% | 1.50% |
| ██▆▂▁▁▁▄ | Efficiency Ratio (%) | 71.8% | 70.5% | 67.3% | 59.2% | 57.8% | 57.4% | 56.3% | 62.5% |
| ▄█▄▂▅▅▂▁ | Cost of Funds (%) | 1.88% | 2.16% | 1.86% | 1.76% | 1.94% | 1.95% | 1.75% | 1.65% |
| ▁█▁▇▁▁▃▂ | NPA / Assets (%) | 0.03% | 0.90% | 0.02% | 0.68% | 0.00% | 0.01% | 0.25% | 0.18% |
| ▁█▁▇▁▁▃▂ | Net Charge-Off Ratio (%) | 0.04% | 1.23% | 0.03% | 0.96% | 0.00% | 0.01% | 0.34% | 0.27% |
| ▁▃▄▆▆█▇█ | Tang. Book Value ($M) | $14 | $15 | $16 | $17 | $17 | $17 | $17 | $18 |
| ▁▁▄▆█▇▇▇ | Gross Loans ($M) | $127 | $129 | $135 | $137 | $143 | $140 | $141 | $140 |
| ▂▁▁▅▅▅▄█ | Total Deposits ($M) | $166 | $161 | $161 | $178 | $177 | $177 | $175 | $193 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 8% |
| Agricultural | 15% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |