Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.30 | 1.21% |
| Return on Equity (%) | ▲ | 16.07% | +1.66 | 14.41% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.29 | 3.23% |
| Efficiency Ratio (%) | ▲ | 49.43% | -4.80 | 54.23% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.58% | -0.14 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $369 | +4.36 | $365 |
| Gross Loans ($M) | ▼ | $199 | -5.17 | $204 |
| Loan Growth YoY (%) | ▼ | 59.75% | -2.24 | 61.99% |
| Total Deposits ($M) | ▲ | $329 | +4.51 | $325 |
| Shareholders Equity ($M) | ▲ | $34 | +3.48 | $30 |
| Tang. Book Value ($M) | ▲ | $34 | +3.48 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +4.21 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 59.75% | -2.24 | 61.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.42 | 0.30% |
| Allowance / Loans (%) | — | 1.13% | -0.26% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 1.33% | +0.80 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 2.81% | 2.86% | 2.91% | 3.23% | 3.28% | 3.37% | 3.36% | 3.52% |
| ▁▁▁▄▁▃▃█ | Return on Assets (%) | 0.98% | 1.00% | 1.02% | 1.21% | 0.99% | 1.12% | 1.15% | 1.51% |
| ███▅▁▁▂▁ | Efficiency Ratio (%) | 58.3% | 57.6% | 57.2% | 54.2% | 49.8% | 49.8% | 51.1% | 49.4% |
| ▇█▆▄▅▅▃▁ | Cost of Funds (%) | 1.85% | 1.89% | 1.78% | 1.72% | 1.75% | 1.74% | 1.69% | 1.58% |
| ▃▃▄▃▁▁▁█ | NPA / Assets (%) | 0.31% | 0.31% | 0.38% | 0.30% | 0.08% | 0.08% | 0.11% | 0.72% |
| ▃▃▄▃▁▁▁█ | Net Charge-Off Ratio (%) | 0.54% | 0.54% | 0.64% | 0.53% | 0.14% | 0.16% | 0.21% | 1.33% |
| ▁▄▃▃▅▇█▆ | Tang. Book Value ($M) | $27 | $31 | $30 | $30 | $32 | $34 | $36 | $34 |
| ▅▅█▆█▁▆▄ | Gross Loans ($M) | $202 | $201 | $211 | $204 | $209 | $189 | $204 | $199 |
| ▃▁▃▇▆▆▆█ | Total Deposits ($M) | $305 | $294 | $306 | $325 | $319 | $320 | $318 | $329 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 12% |
| Agricultural | 19% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |