Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.35% | +0.05 | 0.30% |
| Return on Equity (%) | ▲ | 4.41% | +0.30 | 4.11% |
| Net Interest Margin (%) | ▲ | 2.62% | +0.00 | 2.62% |
| Efficiency Ratio (%) | ▲ | 83.37% | -1.63 | 85.00% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 2.08% | -0.06 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $303 | +12.47 | $291 |
| Gross Loans ($M) | ▼ | $207 | -7.02 | $214 |
| Loan Growth YoY (%) | ▼ | 82.22% | -6.57 | 88.79% |
| Total Deposits ($M) | ▲ | $249 | +10.50 | $238 |
| Shareholders Equity ($M) | ▲ | $24 | +2.10 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.10 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.91 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 82.22% | -6.57 | 88.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.64% | +0.40 | 0.24% |
| Allowance / Loans (%) | — | 1.36% | 0.04% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.93% | +0.61 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▇█▅ | Net Interest Margin (%) | 2.53% | 2.52% | 2.56% | 2.62% | 2.63% | 2.67% | 2.70% | 2.62% |
| ▅▅▆▇▁▅▇█ | Return on Assets (%) | 0.24% | 0.23% | 0.27% | 0.30% | 0.08% | 0.22% | 0.30% | 0.35% |
| ▇█▄▄▅▂▁▁ | Efficiency Ratio (%) | 86.9% | 87.5% | 85.0% | 85.0% | 85.6% | 84.3% | 83.3% | 83.4% |
| ▃██▃▁▅▁▁ | Cost of Funds (%) | 2.16% | 2.29% | 2.32% | 2.14% | 2.10% | 2.23% | 2.09% | 2.08% |
| ▁▁▁▃▄▄▇█ | NPA / Assets (%) | 0.06% | 0.04% | 0.00% | 0.24% | 0.29% | 0.31% | 0.51% | 0.64% |
| ▁▁▁▃▄▄▇█ | Net Charge-Off Ratio (%) | 0.09% | 0.05% | 0.00% | 0.32% | 0.42% | 0.43% | 0.74% | 0.93% |
| ▁▄▁▄▄▇██ | Tang. Book Value ($M) | $21 | $22 | $21 | $22 | $22 | $23 | $24 | $24 |
| ██▇▅▂▂▁▂ | Gross Loans ($M) | $221 | $221 | $217 | $214 | $208 | $208 | $204 | $207 |
| ▄█▁▃▇▂▄█ | Total Deposits ($M) | $241 | $247 | $234 | $238 | $247 | $236 | $241 | $249 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 2% |
| Agricultural | 6% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 7% |