Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.49 | 0.43% |
| Return on Equity (%) | ▲ | 7.84% | +4.34 | 3.50% |
| Net Interest Margin (%) | ▲ | 2.72% | +0.37 | 2.35% |
| Efficiency Ratio (%) | ▲ | 54.24% | -20.09 | 74.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $0 |
| Cost of Funds (%) | ▲ | 1.67% | -0.30 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +24.21 | $169 |
| Gross Loans ($M) | ▼ | $63 | -4.10 | $67 |
| Loan Growth YoY (%) | ▼ | 35.82% | -8.33 | 44.15% |
| Total Deposits ($M) | ▲ | $169 | +22.31 | $147 |
| Shareholders Equity ($M) | ▲ | $23 | +1.77 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +1.77 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.37 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 35.82% | -8.33 | 44.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.78% | -0.90 | 1.68% |
| Allowance / Loans (%) | — | 3.08% | 0.42% | 2.66% |
| Net Charge-Off Ratio (%) | ▲ | 2.40% | -1.86 | 4.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅███ | Net Interest Margin (%) | 2.18% | 2.15% | 2.16% | 2.35% | 2.48% | 2.73% | 2.74% | 2.72% |
| ▂▂▁▁▃▆▅█ | Return on Assets (%) | 0.54% | 0.50% | 0.47% | 0.43% | 0.58% | 0.75% | 0.71% | 0.93% |
| ▆▇██▇▄▄▁ | Efficiency Ratio (%) | 68.7% | 71.4% | 73.8% | 74.3% | 69.7% | 64.0% | 63.7% | 54.2% |
| ▇██▆▄▄▁▂ | Cost of Funds (%) | 2.04% | 2.10% | 2.13% | 1.97% | 1.81% | 1.82% | 1.57% | 1.67% |
| ▁▁███▆▃▃ | NPA / Assets (%) | 0.44% | 0.41% | 1.70% | 1.68% | 1.64% | 1.22% | 0.84% | 0.78% |
| ▁▁███▆▅▄ | Net Charge-Off Ratio (%) | 1.12% | 1.07% | 4.27% | 4.26% | 4.09% | 3.15% | 2.83% | 2.40% |
| ▁▅▂▃▅▇█▆ | Tang. Book Value ($M) | $20 | $22 | $21 | $21 | $22 | $23 | $24 | $23 |
| ▅▇▆▆█▆▁▃ | Gross Loans ($M) | $66 | $68 | $67 | $67 | $70 | $67 | $60 | $63 |
| ▁▃▁▁▂▁█▇ | Total Deposits ($M) | $147 | $153 | $146 | $147 | $152 | $149 | $176 | $169 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 10% |
| Agricultural | 28% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |