Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.41 | 0.72% |
| Return on Equity (%) | ▲ | 10.54% | +2.72 | 7.82% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.61 | 3.22% |
| Efficiency Ratio (%) | ▲ | 63.41% | -10.63 | 74.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 1.05% | -0.28 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $250 | +7.14 | $243 |
| Gross Loans ($M) | ▼ | $150 | -2.45 | $152 |
| Loan Growth YoY (%) | ▼ | 66.88% | -2.17 | 69.04% |
| Total Deposits ($M) | ▲ | $222 | +3.19 | $218 |
| Shareholders Equity ($M) | ▲ | $27 | +3.97 | $23 |
| Tang. Book Value ($M) | ▲ | $27 | +3.97 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +4.12 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 66.88% | -2.17 | 69.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.18 | 0.09% |
| Allowance / Loans (%) | — | 1.19% | 0.12% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.31 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 2.80% | 2.80% | 2.84% | 3.22% | 3.41% | 3.52% | 3.60% | 3.84% |
| ▁▁▁▃▅▄▅█ | Return on Assets (%) | 0.53% | 0.53% | 0.53% | 0.72% | 0.86% | 0.81% | 0.87% | 1.13% |
| ███▆▃▄▃▁ | Efficiency Ratio (%) | 77.8% | 78.4% | 78.3% | 74.0% | 68.9% | 69.6% | 68.2% | 63.4% |
| ▆█▇▅▃▂▂▁ | Cost of Funds (%) | 1.42% | 1.59% | 1.51% | 1.33% | 1.25% | 1.18% | 1.15% | 1.05% |
| ▁▁▁▁█▁▂▄ | NPA / Assets (%) | 0.12% | 0.12% | 0.11% | 0.09% | 0.46% | 0.12% | 0.14% | 0.28% |
| ▁▁▁▁█▁▂▅ | Net Charge-Off Ratio (%) | 0.21% | 0.21% | 0.18% | 0.15% | 0.73% | 0.19% | 0.23% | 0.46% |
| ▁▃▂▃▄▆██ | Tang. Book Value ($M) | $21 | $23 | $22 | $23 | $24 | $25 | $26 | $27 |
| ▁▂▇▇▅█▇▅ | Gross Loans ($M) | $146 | $147 | $153 | $152 | $151 | $154 | $153 | $150 |
| ▃▁▂▆▂▅▇█ | Total Deposits ($M) | $214 | $209 | $212 | $218 | $212 | $216 | $220 | $222 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 5% |
| Agricultural | 31% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 6% |