Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.24 | 0.91% |
| Return on Equity (%) | ▲ | 11.53% | +2.31 | 9.22% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.05 | 3.91% |
| Efficiency Ratio (%) | ▲ | 60.46% | -4.58 | 65.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 2.19% | -0.09 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +40.29 | $264 |
| Gross Loans ($M) | ▲ | $217 | +20.88 | $196 |
| Loan Growth YoY (%) | ▼ | 79.08% | -3.47 | 82.55% |
| Total Deposits ($M) | ▲ | $270 | +36.33 | $234 |
| Shareholders Equity ($M) | ▲ | $31 | +4.03 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +4.03 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +4.65 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 79.08% | -3.47 | 82.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.83% | -1.14 | 1.97% |
| Allowance / Loans (%) | — | 1.50% | -0.01% | 1.51% |
| Net Charge-Off Ratio (%) | ▲ | 1.16% | -1.49 | 2.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▃▁██▇▃ | Net Interest Margin (%) | 3.95% | 3.96% | 3.95% | 3.91% | 4.07% | 4.05% | 4.05% | 3.95% |
| ██▅▁▅▇█▆ | Return on Assets (%) | 1.22% | 1.26% | 1.12% | 0.91% | 1.13% | 1.21% | 1.25% | 1.15% |
| ▁▁▄█▅▂▁▄ | Efficiency Ratio (%) | 56.8% | 56.4% | 60.2% | 65.0% | 60.7% | 58.5% | 57.2% | 60.5% |
| ██▄▂▁▃▂▁ | Cost of Funds (%) | 2.63% | 2.63% | 2.37% | 2.28% | 2.23% | 2.31% | 2.26% | 2.19% |
| ▂▁▄▄█▂▁▁ | NPA / Assets (%) | 1.14% | 0.98% | 2.10% | 1.97% | 3.71% | 1.13% | 0.66% | 0.83% |
| ▂▁▄▄█▂▁▁ | Net Charge-Off Ratio (%) | 1.59% | 1.35% | 2.93% | 2.65% | 5.02% | 1.57% | 0.96% | 1.16% |
| ▁▃▂▃▄▆██ | Tang. Book Value ($M) | $22 | $24 | $23 | $24 | $25 | $26 | $28 | $28 |
| ▁▁▁▃▅▅▇█ | Gross Loans ($M) | $188 | $189 | $191 | $196 | $203 | $206 | $212 | $217 |
| ▁▁▂▁▃▅█▇ | Total Deposits ($M) | $235 | $230 | $238 | $234 | $244 | $254 | $276 | $270 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 13% |
| Agricultural | 24% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 13% |