Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.30% | -0.06 | 2.36% |
| Return on Equity (%) | ▼ | 17.19% | -0.70 | 17.89% |
| Net Interest Margin (%) | ▼ | 3.86% | -0.13 | 3.99% |
| Efficiency Ratio (%) | ▲ | 41.83% | -0.60 | 42.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.02% | -0.09 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $185 | +17.81 | $167 |
| Gross Loans ($M) | ▼ | $59 | -0.48 | $59 |
| Loan Growth YoY (%) | ▼ | 36.31% | -4.26 | 40.57% |
| Total Deposits ($M) | ▲ | $159 | +15.34 | $143 |
| Shareholders Equity ($M) | ▲ | $24 | +2.40 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.40 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.75 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 36.31% | -4.26 | 40.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.48% | +0.16 | 0.31% |
| Allowance / Loans (%) | — | 1.99% | 0.09% | 1.90% |
| Net Charge-Off Ratio (%) | ▼ | 1.27% | +0.39 | 0.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▂▃▂▂▁ | Net Interest Margin (%) | 4.49% | 4.42% | 4.32% | 3.99% | 4.03% | 3.99% | 3.97% | 3.86% |
| ██▇▂▁▂▁▁ | Return on Assets (%) | 2.74% | 2.76% | 2.67% | 2.36% | 2.30% | 2.33% | 2.26% | 2.30% |
| ▃▁▁▆█▇▆▅ | Efficiency Ratio (%) | 40.5% | 39.1% | 39.4% | 42.4% | 44.1% | 43.1% | 42.4% | 41.8% |
| ▃█▆▅▆▅▄▁ | Cost of Funds (%) | 1.09% | 1.20% | 1.15% | 1.11% | 1.15% | 1.13% | 1.11% | 1.02% |
| ▁▁▁▂▇█▅▄ | NPA / Assets (%) | 0.28% | 0.25% | 0.23% | 0.31% | 0.74% | 0.83% | 0.60% | 0.48% |
| ▁▁▁▂▇█▆▃ | Net Charge-Off Ratio (%) | 0.73% | 0.63% | 0.62% | 0.88% | 2.07% | 2.39% | 1.74% | 1.27% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $20 | $21 | $21 | $22 | $22 | $23 | $24 | $24 |
| ▁▆▄▇▄▅█▆ | Gross Loans ($M) | $56 | $59 | $58 | $59 | $58 | $58 | $60 | $59 |
| ▁▂▃▅▄▅▆█ | Total Deposits ($M) | $123 | $128 | $135 | $143 | $137 | $143 | $148 | $159 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 44% |
| C&I / Commercial | 16% |
| Agricultural | 32% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 18% |