Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.26 | 1.62% |
| Return on Equity (%) | ▲ | 18.96% | +2.41 | 16.55% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.39 | 3.93% |
| Efficiency Ratio (%) | ▲ | 55.97% | -3.22 | 59.18% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.59 | $3 |
| Cost of Funds (%) | ▲ | 1.62% | -0.06 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $618 | +17.14 | $601 |
| Gross Loans ($M) | ▲ | $445 | +18.70 | $426 |
| Loan Growth YoY (%) | ▼ | 79.31% | -0.89 | 80.20% |
| Total Deposits ($M) | ▲ | $556 | +28.75 | $528 |
| Shareholders Equity ($M) | ▲ | $60 | +3.40 | $57 |
| Tang. Book Value ($M) | ▲ | $60 | +3.41 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +3.44 | $63 |
| Loan / Deposit Ratio (%) | ▼ | 79.31% | -0.89 | 80.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.83% | -0.10 | 0.93% |
| Allowance / Loans (%) | — | 0.76% | 0.11% | 0.65% |
| Net Charge-Off Ratio (%) | ▲ | 1.00% | -0.30 | 1.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▅▆█ | Net Interest Margin (%) | 3.73% | 3.76% | 3.81% | 3.93% | 4.04% | 4.07% | 4.10% | 4.32% |
| ▁▃▃▂█▇▇▇ | Return on Assets (%) | 1.52% | 1.67% | 1.66% | 1.62% | 1.96% | 1.89% | 1.87% | 1.88% |
| █▆▅▆▁▁▁▂ | Efficiency Ratio (%) | 61.3% | 59.0% | 58.5% | 59.2% | 55.2% | 54.9% | 54.9% | 56.0% |
| ▅█▅▁▃▆▂▁ | Cost of Funds (%) | 1.99% | 2.29% | 2.03% | 1.68% | 1.84% | 2.08% | 1.75% | 1.62% |
| ▁▁▃▄▆▇█▄ | NPA / Assets (%) | 0.19% | 0.28% | 0.63% | 0.93% | 1.32% | 1.53% | 1.74% | 0.83% |
| ▁▁▃▅▆▇█▃ | Net Charge-Off Ratio (%) | 0.24% | 0.36% | 0.85% | 1.30% | 1.74% | 1.99% | 2.33% | 1.00% |
| ▁▃▃▃▅▇██ | Tang. Book Value ($M) | $56 | $57 | $57 | $57 | $59 | $59 | $60 | $60 |
| ▄▅▁▃█▆▄▆ | Gross Loans ($M) | $434 | $444 | $407 | $426 | $467 | $446 | $434 | $445 |
| ▁▁▁▅▅▆▆█ | Total Deposits ($M) | $494 | $494 | $488 | $528 | $527 | $532 | $539 | $556 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 9% |
| Agricultural | 17% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 22% |