Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.54 | 0.79% |
| Return on Equity (%) | ▲ | 15.90% | +5.60 | 10.30% |
| Net Interest Margin (%) | ▲ | 4.37% | +0.47 | 3.90% |
| Efficiency Ratio (%) | ▲ | 63.86% | -9.73 | 73.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.79% | -0.06 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $210 | +9.22 | $201 |
| Gross Loans ($M) | ▲ | $146 | +6.38 | $140 |
| Loan Growth YoY (%) | ▼ | 78.04% | -0.01 | 78.05% |
| Total Deposits ($M) | ▲ | $184 | +8.08 | $176 |
| Shareholders Equity ($M) | ▲ | $18 | +2.21 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +2.21 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.44 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 78.04% | -0.01 | 78.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.32% | -0.52 | 0.84% |
| Allowance / Loans (%) | — | 1.84% | -0.02% | 1.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.75 | 1.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -9.57 | 9.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▅▇▇█ | Net Interest Margin (%) | 3.79% | 3.83% | 3.87% | 3.90% | 4.09% | 4.23% | 4.25% | 4.37% |
| ▂▂▃▁▂▄▅█ | Return on Assets (%) | 0.88% | 0.91% | 0.94% | 0.79% | 0.90% | 1.01% | 1.06% | 1.33% |
| ▆▆▆█▅▅▅▁ | Efficiency Ratio (%) | 70.8% | 70.4% | 70.1% | 73.6% | 69.9% | 69.6% | 68.8% | 63.9% |
| █▆▇▃▅▁▁▁ | Cost of Funds (%) | 1.99% | 1.92% | 1.94% | 1.85% | 1.89% | 1.80% | 1.80% | 1.79% |
| █▅▅▇▂▁▂▁ | NPA / Assets (%) | 1.02% | 0.71% | 0.68% | 0.84% | 0.44% | 0.36% | 0.49% | 0.32% |
| ▄▃▃█▂▁▃▁ | Net Charge-Off Ratio (%) | 0.79% | 0.74% | 0.66% | 1.21% | 0.58% | 0.48% | 0.70% | 0.47% |
| ▁▄▁▃▅▆▇█ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $16 | $16 | $17 | $18 |
| ▁▁▁▂██▇▇ | Gross Loans ($M) | $139 | $138 | $138 | $140 | $148 | $148 | $145 | $146 |
| ▁▂▄▆▄▃▆█ | Total Deposits ($M) | $160 | $163 | $169 | $176 | $170 | $166 | $178 | $184 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 9% |
| Agricultural | 5% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 11% |