Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.05 | 0.88% |
| Return on Equity (%) | ▲ | 11.39% | +0.83 | 10.56% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.24 | 3.58% |
| Efficiency Ratio (%) | ▲ | 63.60% | -5.81 | 69.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 2.49% | -0.01 | 2.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $330 | +42.88 | $287 |
| Gross Loans ($M) | ▲ | $284 | +39.05 | $245 |
| Loan Growth YoY (%) | ▼ | 106.23% | -8.90 | 115.12% |
| Total Deposits ($M) | ▲ | $265 | +54.50 | $211 |
| Shareholders Equity ($M) | ▲ | $27 | +3.02 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +3.07 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 106.23% | -8.90 | 115.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.35% | -0.60 | 1.95% |
| Allowance / Loans (%) | — | 0.78% | -0.15% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 1.57% | -0.72 | 2.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.42% | -0.26 | 9.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▆▅▁▃▃▄█ | Net Interest Margin (%) | 3.69% | 3.74% | 3.73% | 3.58% | 3.65% | 3.64% | 3.70% | 3.82% |
| ▄█▇▁▆▅▃▂ | Return on Assets (%) | 1.00% | 1.13% | 1.07% | 0.88% | 1.05% | 1.01% | 0.96% | 0.93% |
| ▅▁▁█▃▁▁▂ | Efficiency Ratio (%) | 66.5% | 62.5% | 62.8% | 69.4% | 64.8% | 62.9% | 62.2% | 63.6% |
| ▁▂▄▄▆▆█▃ | Cost of Funds (%) | 2.35% | 2.44% | 2.50% | 2.50% | 2.62% | 2.63% | 2.73% | 2.49% |
| ▂▁▄█▇▇▄▅ | NPA / Assets (%) | 0.92% | 0.73% | 1.33% | 1.95% | 1.68% | 1.67% | 1.28% | 1.35% |
| ▂▁▄█▇▇▄▅ | Net Charge-Off Ratio (%) | 1.08% | 0.82% | 1.50% | 2.29% | 1.93% | 1.97% | 1.47% | 1.57% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $21 | $22 | $23 | $23 | $24 | $25 | $26 | $26 |
| ▁▂▃▄▄▆▇█ | Gross Loans ($M) | $218 | $231 | $241 | $245 | $251 | $268 | $275 | $284 |
| ▁▁▁▄▄▇▇█ | Total Deposits ($M) | $185 | $178 | $188 | $211 | $218 | $249 | $248 | $265 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 13% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |