Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.18% | -0.18 | 1.37% |
| Return on Equity (%) | ▼ | 14.58% | -4.30 | 18.88% |
| Net Interest Margin (%) | ▼ | 3.10% | -0.09 | 3.19% |
| Efficiency Ratio (%) | ▼ | 60.44% | +3.90 | 56.55% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.11 | $1 |
| Cost of Funds (%) | ▼ | 1.59% | +0.10 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $341 | +17.78 | $324 |
| Gross Loans ($M) | ▼ | $158 | -0.67 | $159 |
| Loan Growth YoY (%) | ▼ | 53.16% | -2.68 | 55.84% |
| Total Deposits ($M) | ▲ | $294 | +13.01 | $281 |
| Shareholders Equity ($M) | ▲ | $27 | +3.05 | $24 |
| Tang. Book Value ($M) | ▲ | $23 | +3.15 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +3.79 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 53.16% | -2.68 | 55.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.81% | +0.40 | 0.40% |
| Allowance / Loans (%) | — | 1.35% | -0.03% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.98% | +0.74 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▂▇███▄ | Net Interest Margin (%) | 3.02% | 2.98% | 3.04% | 3.19% | 3.23% | 3.25% | 3.25% | 3.10% |
| █▃▂▆▇█▃▁ | Return on Assets (%) | 1.40% | 1.27% | 1.24% | 1.37% | 1.40% | 1.43% | 1.26% | 1.18% |
| ▁▄▆▅▄▃▅█ | Efficiency Ratio (%) | 52.6% | 56.0% | 57.8% | 56.5% | 55.7% | 55.0% | 57.3% | 60.4% |
| ▇█▅▁▄▃▃▅ | Cost of Funds (%) | 1.62% | 1.66% | 1.58% | 1.49% | 1.56% | 1.54% | 1.53% | 1.59% |
| ▅█▁▁▃▃▂▄ | NPA / Assets (%) | 0.89% | 1.29% | 0.42% | 0.40% | 0.66% | 0.71% | 0.51% | 0.81% |
| ▆█▁▁▂▃▁▃ | Net Charge-Off Ratio (%) | 1.75% | 2.54% | 0.27% | 0.24% | 0.76% | 0.85% | 0.35% | 0.98% |
| ▂▆▁▂▁▆█▇ | Tang. Book Value ($M) | $20 | $23 | $19 | $20 | $19 | $23 | $25 | $23 |
| ███▂▁▂▃▁ | Gross Loans ($M) | $167 | $166 | $166 | $159 | $157 | $160 | $160 | $158 |
| ▁▂▂▃▁▁▇█ | Total Deposits ($M) | $277 | $279 | $279 | $281 | $277 | $276 | $291 | $294 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 21% |
| Agricultural | 13% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 19% |