Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.26 | 0.72% |
| Return on Equity (%) | ▲ | 8.46% | +1.76 | 6.70% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.43 | 2.62% |
| Efficiency Ratio (%) | ▲ | 60.49% | -6.90 | 67.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.60% | -0.12 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $253 | +14.39 | $238 |
| Gross Loans ($M) | ▲ | $134 | +8.85 | $126 |
| Loan Growth YoY (%) | ▲ | 62.47% | +1.05 | 61.41% |
| Total Deposits ($M) | ▲ | $213 | +10.89 | $202 |
| Shareholders Equity ($M) | ▲ | $29 | +2.85 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +2.85 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +2.51 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 62.47% | +1.05 | 61.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.44% | -0.09 | 1.53% |
| Allowance / Loans (%) | — | 1.05% | -0.14% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 2.71% | -0.19 | 2.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▄▅█ | Net Interest Margin (%) | 2.37% | 2.35% | 2.40% | 2.62% | 2.66% | 2.70% | 2.73% | 3.06% |
| ▁▁▁▃▃▄▄█ | Return on Assets (%) | 0.63% | 0.61% | 0.61% | 0.72% | 0.73% | 0.77% | 0.76% | 0.98% |
| ███▆▆▅▅▁ | Efficiency Ratio (%) | 70.2% | 70.7% | 70.0% | 67.4% | 67.4% | 66.5% | 66.7% | 60.5% |
| ▆█▅▃▅▆▄▁ | Cost of Funds (%) | 1.82% | 1.93% | 1.79% | 1.72% | 1.78% | 1.85% | 1.76% | 1.60% |
| ▆▇▆██▇▅▁ | NPA / Assets (%) | 1.50% | 1.52% | 1.50% | 1.53% | 1.53% | 1.52% | 1.49% | 1.44% |
| █▇▃▄▄▃▁▁ | Net Charge-Off Ratio (%) | 3.09% | 3.00% | 2.83% | 2.90% | 2.89% | 2.82% | 2.71% | 2.71% |
| ▁▄▃▄▆▇██ | Tang. Book Value ($M) | $24 | $26 | $25 | $26 | $27 | $28 | $29 | $29 |
| ▁▂▅▄▄▅█▇ | Gross Loans ($M) | $118 | $121 | $129 | $126 | $126 | $129 | $137 | $134 |
| ▄▁▄▅▄▁██ | Total Deposits ($M) | $199 | $189 | $200 | $202 | $200 | $192 | $211 | $213 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 4% |
| Agricultural | 34% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 16% |