Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.11 | 0.99% |
| Return on Equity (%) | ▼ | 11.62% | -0.31 | 11.93% |
| Net Interest Margin (%) | ▲ | 2.96% | +0.12 | 2.84% |
| Efficiency Ratio (%) | ▲ | 51.58% | -5.02 | 56.61% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.32% | -0.21 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $130 | +5.02 | $125 |
| Gross Loans ($M) | ▲ | $39 | +0.88 | $38 |
| Loan Growth YoY (%) | ▼ | 33.01% | -0.26 | 33.27% |
| Total Deposits ($M) | ▲ | $117 | +3.44 | $113 |
| Shareholders Equity ($M) | ▲ | $12 | +1.57 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.57 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.81 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 33.01% | -0.26 | 33.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.04 | 0.52% |
| Allowance / Loans (%) | — | 1.29% | 0.08% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 1.58% | -0.11 | 1.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.45% | +0.51 | 24.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▂▃▄▄ | Net Interest Margin (%) | 3.12% | 3.10% | 3.06% | 2.84% | 2.89% | 2.94% | 2.96% | 2.96% |
| ██▂▁▁▄▁▅ | Return on Assets (%) | 1.19% | 1.19% | 1.00% | 0.99% | 0.97% | 1.08% | 0.98% | 1.10% |
| ▂▁█▇▅▃█▁ | Efficiency Ratio (%) | 52.8% | 52.3% | 57.9% | 56.6% | 55.2% | 53.8% | 57.4% | 51.6% |
| ▄▇█▆▄▄▂▁ | Cost of Funds (%) | 1.45% | 1.57% | 1.64% | 1.53% | 1.47% | 1.44% | 1.37% | 1.32% |
| ▁▁▂▅█▇█▄ | NPA / Assets (%) | 0.36% | 0.39% | 0.40% | 0.52% | 0.65% | 0.61% | 0.63% | 0.47% |
| ▁▂▂▅███▄ | Net Charge-Off Ratio (%) | 1.05% | 1.20% | 1.26% | 1.69% | 2.16% | 2.07% | 2.06% | 1.58% |
| ▂▇▁▄▄███ | Tang. Book Value ($M) | $10 | $12 | $10 | $11 | $11 | $12 | $12 | $12 |
| █▆▃▂▂▁▇▄ | Gross Loans ($M) | $40 | $39 | $39 | $38 | $38 | $38 | $40 | $39 |
| ▁▂▄▆▇▆██ | Total Deposits ($M) | $106 | $108 | $112 | $113 | $115 | $114 | $118 | $117 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 17% |
| Agricultural | 22% |
| Consumer | 13% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 14% |