Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.24 | 1.04% |
| Return on Equity (%) | ▲ | 13.30% | +3.05 | 10.25% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.25 | 4.46% |
| Efficiency Ratio (%) | ▲ | 71.84% | -0.70 | 72.54% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 1.83% | -0.13 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $461 | +46.01 | $415 |
| Gross Loans ($M) | ▲ | $395 | +42.98 | $352 |
| Loan Growth YoY (%) | ▼ | 96.12% | -0.08 | 96.21% |
| Total Deposits ($M) | ▲ | $406 | +44.62 | $362 |
| Shareholders Equity ($M) | ▲ | $43 | +1.98 | $41 |
| Tang. Book Value ($M) | ▲ | $43 | +1.98 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +1.70 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 96.12% | -0.08 | 96.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.40% | -1.54 | 1.94% |
| Allowance / Loans (%) | — | 1.10% | -0.02% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -1.81 | 2.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.76M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▅▆▁▆▇██ | Net Interest Margin (%) | 4.55% | 4.60% | 4.63% | 4.46% | 4.64% | 4.66% | 4.73% | 4.71% |
| ▇██▁▅▇██ | Return on Assets (%) | 1.25% | 1.28% | 1.29% | 1.04% | 1.18% | 1.26% | 1.31% | 1.28% |
| ▇▁▅█▃▁▃▆ | Efficiency Ratio (%) | 72.2% | 70.6% | 71.6% | 72.5% | 71.2% | 70.7% | 71.1% | 71.8% |
| ▆▇█▄▃▄▄▁ | Cost of Funds (%) | 2.03% | 2.05% | 2.10% | 1.96% | 1.92% | 1.95% | 1.96% | 1.83% |
| ▁▁▁███▁▁ | NPA / Assets (%) | 0.19% | 0.24% | 0.26% | 1.94% | 1.83% | 2.01% | 0.38% | 0.40% |
| ▁▁▁███▁▁ | Net Charge-Off Ratio (%) | 0.13% | 0.20% | 0.23% | 2.20% | 2.08% | 2.31% | 0.36% | 0.39% |
| ▁▃▆▂▃▅██ | Tang. Book Value ($M) | $41 | $42 | $42 | $41 | $42 | $42 | $43 | $43 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $316 | $326 | $339 | $352 | $364 | $377 | $378 | $395 |
| ▁▂▃▃▅▇▆█ | Total Deposits ($M) | $335 | $346 | $354 | $362 | $376 | $392 | $387 | $406 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Agricultural | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 13% |