Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.18% | +0.15 | 1.03% |
| Return on Equity (%) | ▲ | 9.97% | +1.94 | 8.03% |
| Net Interest Margin (%) | ▼ | 3.88% | -0.16 | 4.04% |
| Efficiency Ratio (%) | ▲ | 60.13% | -3.49 | 63.61% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 2.19% | -0.16 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $139 | +22.62 | $116 |
| Gross Loans ($M) | ▲ | $114 | +13.24 | $101 |
| Loan Growth YoY (%) | ▼ | 106.54% | -0.96 | 107.50% |
| Total Deposits ($M) | ▲ | $105 | +13.12 | $92 |
| Shareholders Equity ($M) | ▲ | $16 | +0.90 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +0.97 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 106.54% | -0.96 | 107.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.17% | -0.25 | 1.42% |
| Allowance / Loans (%) | — | 1.45% | -0.05% | 1.51% |
| Net Charge-Off Ratio (%) | ▲ | 1.43% | -0.21 | 1.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▂▄▄▄▁ | Net Interest Margin (%) | 4.60% | 4.54% | 4.55% | 4.04% | 4.16% | 4.19% | 4.24% | 3.88% |
| ███▁▂▆▆▄ | Return on Assets (%) | 1.41% | 1.41% | 1.41% | 1.03% | 1.08% | 1.27% | 1.27% | 1.18% |
| ▂▁▁██▃▄▄ | Efficiency Ratio (%) | 57.9% | 56.9% | 56.8% | 63.6% | 63.3% | 59.0% | 59.7% | 60.1% |
| ▁▄██▆▆█▆ | Cost of Funds (%) | 1.71% | 2.02% | 2.33% | 2.35% | 2.13% | 2.14% | 2.28% | 2.19% |
| █▅▃▄▃▇▄▁ | NPA / Assets (%) | 1.80% | 1.53% | 1.37% | 1.42% | 1.38% | 1.66% | 1.41% | 1.17% |
| █▅▃▃▂▆▃▁ | Net Charge-Off Ratio (%) | 2.13% | 1.82% | 1.62% | 1.64% | 1.59% | 1.90% | 1.67% | 1.43% |
| ▁▁▁▃▄▇█▇ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $15 | $15 | $16 | $15 |
| ▁▄▅▄▅███ | Gross Loans ($M) | $84 | $97 | $102 | $101 | $104 | $117 | $117 | $114 |
| ▁▃▃▅▅▇▇█ | Total Deposits ($M) | $79 | $86 | $87 | $92 | $92 | $99 | $101 | $105 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 16% |
| Agricultural | 25% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 15% |