Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.60% | +0.37 | 1.23% |
| Return on Equity (%) | ▲ | 12.36% | +2.53 | 9.83% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.24 | 3.73% |
| Efficiency Ratio (%) | ▲ | 51.68% | -4.40 | 56.08% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.96 | $3 |
| Cost of Funds (%) | ▲ | 2.02% | -0.20 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $803 | +36.42 | $766 |
| Gross Loans ($M) | ▲ | $689 | +48.58 | $640 |
| Loan Growth YoY (%) | ▲ | 103.42% | +5.74 | 97.68% |
| Total Deposits ($M) | ▲ | $660 | +10.93 | $649 |
| Shareholders Equity ($M) | ▲ | $105 | +9.03 | $96 |
| Tang. Book Value ($M) | ▲ | $105 | +9.03 | $96 |
| Loan / Deposit Ratio (%) | ▲ | 103.42% | +5.74 | 97.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.70% | +0.43 | 0.27% |
| Allowance / Loans (%) | — | 0.93% | -0.06% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.82% | +0.50 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.51M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 3.49% | 3.53% | 3.60% | 3.73% | 3.76% | 3.81% | 3.86% | 3.96% |
| ▁▁▄▂▃▄▅█ | Return on Assets (%) | 1.16% | 1.20% | 1.32% | 1.23% | 1.29% | 1.34% | 1.39% | 1.60% |
| ██▅▆▄▃▃▁ | Efficiency Ratio (%) | 57.7% | 57.3% | 54.8% | 56.1% | 54.4% | 53.5% | 53.2% | 51.7% |
| ▆█▅▄▅▅▁▁ | Cost of Funds (%) | 2.34% | 2.47% | 2.27% | 2.22% | 2.28% | 2.24% | 2.04% | 2.02% |
| ██▁▁▁▁▂▄ | NPA / Assets (%) | 1.23% | 1.23% | 0.29% | 0.27% | 0.26% | 0.37% | 0.48% | 0.70% |
| ██▁▁▁▁▂▄ | Net Charge-Off Ratio (%) | 1.36% | 1.36% | 0.33% | 0.32% | 0.30% | 0.43% | 0.55% | 0.82% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $90 | $92 | $94 | $96 | $98 | $100 | $103 | $105 |
| ▁▁▃▁▁▄█▇ | Gross Loans ($M) | $640 | $634 | $653 | $640 | $639 | $662 | $699 | $689 |
| ▂▁▁▇▄█▆█ | Total Deposits ($M) | $619 | $609 | $606 | $649 | $632 | $659 | $642 | $660 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |