Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.24 | 0.96% |
| Return on Equity (%) | ▲ | 10.64% | +1.82 | 8.82% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.33 | 3.92% |
| Efficiency Ratio (%) | ▲ | 63.38% | -3.39 | 66.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.28% | -0.20 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $224 | +12.64 | $211 |
| Gross Loans ($M) | ▲ | $141 | +4.21 | $137 |
| Loan Growth YoY (%) | ▼ | 70.54% | -1.80 | 72.34% |
| Total Deposits ($M) | ▲ | $197 | +10.69 | $187 |
| Shareholders Equity ($M) | ▲ | $26 | +1.84 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +1.84 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.50 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 70.54% | -1.80 | 72.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.22% | +1.21 | 0.01% |
| Allowance / Loans (%) | — | 1.41% | -0.03% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 1.93% | +1.91 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▄▁▅▆▇█ | Net Interest Margin (%) | 4.10% | 4.09% | 4.05% | 3.92% | 4.09% | 4.15% | 4.21% | 4.25% |
| ▄▄▁▂▄█▅▆ | Return on Assets (%) | 1.07% | 1.08% | 0.89% | 0.96% | 1.10% | 1.36% | 1.15% | 1.20% |
| ▃▂█▅▄▁▆▂ | Efficiency Ratio (%) | 64.2% | 64.0% | 70.7% | 66.8% | 65.6% | 61.8% | 68.4% | 63.4% |
| ▂▅██▂▁▁▃ | Cost of Funds (%) | 1.26% | 1.37% | 1.47% | 1.48% | 1.27% | 1.20% | 1.21% | 1.28% |
| █▁▁▁█▁▁▇ | NPA / Assets (%) | 1.45% | 0.03% | 0.01% | 0.01% | 1.37% | 0.02% | 0.00% | 1.22% |
| █▁▁▁█▁▁▇ | Net Charge-Off Ratio (%) | 2.24% | 0.05% | 0.02% | 0.02% | 2.12% | 0.03% | 0.00% | 1.93% |
| ▁▃▂▄▆█▇█ | Tang. Book Value ($M) | $23 | $24 | $23 | $24 | $25 | $26 | $26 | $26 |
| ▂▄█▃▁███ | Gross Loans ($M) | $136 | $138 | $141 | $137 | $135 | $142 | $141 | $141 |
| ▂▃▆▂▁▃█▅ | Total Deposits ($M) | $186 | $190 | $200 | $187 | $183 | $192 | $208 | $197 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 10% |