Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.18% | -0.29 | 2.48% |
| Return on Equity (%) | ▼ | 18.85% | -0.97 | 19.82% |
| Net Interest Margin (%) | ▼ | 4.84% | -0.27 | 5.11% |
| Efficiency Ratio (%) | ▼ | 54.75% | +3.56 | 51.19% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.94% | -0.34 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $185 | +10.41 | $174 |
| Gross Loans ($M) | ▲ | $146 | +5.06 | $141 |
| Loan Growth YoY (%) | ▼ | 87.80% | -3.84 | 91.64% |
| Total Deposits ($M) | ▲ | $164 | +12.38 | $151 |
| Shareholders Equity ($M) | ▼ | $20 | -1.96 | $22 |
| Tang. Book Value ($M) | ▼ | $20 | -1.96 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 87.80% | -3.84 | 91.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.63% | +1.21 | 0.41% |
| Allowance / Loans (%) | — | 1.61% | -0.06% | 1.67% |
| Net Charge-Off Ratio (%) | ▼ | 2.06% | +1.55 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.97% | -1.51 | 13.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▃▃▃▃▁ | Net Interest Margin (%) | 5.60% | 5.61% | 5.54% | 5.11% | 5.11% | 5.12% | 5.10% | 4.84% |
| ██▄▄▃▄▃▁ | Return on Assets (%) | 2.77% | 2.77% | 2.42% | 2.48% | 2.40% | 2.42% | 2.39% | 2.18% |
| ▁▁▁▄▆▅▆█ | Efficiency Ratio (%) | 49.0% | 49.1% | 49.7% | 51.2% | 52.8% | 52.6% | 53.1% | 54.8% |
| ▆██▅▄▄▄▁ | Cost of Funds (%) | 2.34% | 2.49% | 2.49% | 2.27% | 2.18% | 2.16% | 2.21% | 1.94% |
| ▁▁▂▁▁█▇▆ | NPA / Assets (%) | 0.46% | 0.45% | 0.65% | 0.41% | 0.40% | 2.06% | 1.72% | 1.63% |
| ▁▁▁▁▁█▆▇ | Net Charge-Off Ratio (%) | 0.57% | 0.52% | 0.76% | 0.51% | 0.53% | 2.52% | 1.93% | 2.06% |
| ▆▇▇████▁ | Tang. Book Value ($M) | $21 | $21 | $22 | $22 | $22 | $22 | $22 | $20 |
| ▃▅▆▃▁▅█▅ | Gross Loans ($M) | $140 | $147 | $148 | $141 | $133 | $147 | $156 | $146 |
| ▂▁▁▃▅▅▃█ | Total Deposits ($M) | $149 | $146 | $146 | $151 | $155 | $156 | $152 | $164 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 11% |
| Agricultural | 28% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 10% |