Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.46% | -0.05 | 1.52% |
| Return on Equity (%) | ▼ | 11.17% | -0.54 | 11.71% |
| Net Interest Margin (%) | ▲ | 4.83% | +0.02 | 4.82% |
| Efficiency Ratio (%) | ▼ | 63.65% | +0.31 | 63.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 0.87% | -0.08 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +10.78 | $180 |
| Gross Loans ($M) | ▲ | $97 | +3.61 | $93 |
| Loan Growth YoY (%) | ▼ | 57.83% | -0.98 | 58.82% |
| Total Deposits ($M) | ▲ | $164 | +8.83 | $155 |
| Shareholders Equity ($M) | ▲ | $25 | +1.46 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +1.46 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +1.22 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 57.83% | -0.98 | 58.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.08 | 0.18% |
| Allowance / Loans (%) | — | 1.62% | -0.03% | 1.65% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.15 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▆▇▁▅▇█▁ | Net Interest Margin (%) | 4.83% | 4.93% | 4.94% | 4.82% | 4.90% | 4.94% | 4.97% | 4.83% |
| ▁▄▃▇██▇▇ | Return on Assets (%) | 1.08% | 1.28% | 1.21% | 1.52% | 1.56% | 1.58% | 1.47% | 1.46% |
| █▆▇▁▁▁▂▁ | Efficiency Ratio (%) | 72.5% | 69.0% | 70.7% | 63.3% | 62.8% | 62.5% | 65.0% | 63.7% |
| ▆██▄▅▄▃▁ | Cost of Funds (%) | 0.98% | 1.03% | 1.04% | 0.95% | 0.97% | 0.93% | 0.92% | 0.87% |
| ▂█▂▃▁▁▁▁ | NPA / Assets (%) | 0.14% | 0.48% | 0.15% | 0.18% | 0.08% | 0.08% | 0.10% | 0.10% |
| ▂█▂▃▁▁▁▁ | Net Charge-Off Ratio (%) | 0.29% | 0.94% | 0.30% | 0.35% | 0.16% | 0.16% | 0.19% | 0.20% |
| ▁▃▃▄▆█▇█ | Tang. Book Value ($M) | $22 | $23 | $23 | $23 | $24 | $25 | $24 | $25 |
| ▁▂▃▄▆▇█▇ | Gross Loans ($M) | $87 | $89 | $91 | $93 | $95 | $96 | $99 | $97 |
| ▁▁▁▃▂▄▅█ | Total Deposits ($M) | $152 | $153 | $153 | $155 | $155 | $158 | $159 | $164 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 33% |
| Agricultural | 1% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 8% |