Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.86% | +0.03 | 1.82% |
| Return on Equity (%) | ▼ | 20.93% | -0.51 | 21.44% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.17 | 4.08% |
| Efficiency Ratio (%) | ▲ | 54.20% | -1.74 | 55.94% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.19% | -0.19 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $262 | +23.49 | $239 |
| Gross Loans ($M) | ▲ | $137 | +16.99 | $120 |
| Loan Growth YoY (%) | ▲ | 56.89% | +2.07 | 54.82% |
| Total Deposits ($M) | ▲ | $235 | +21.22 | $214 |
| Shareholders Equity ($M) | ▲ | $23 | +2.47 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +2.47 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +2.68 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 56.89% | +2.07 | 54.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.40% | -0.24 | 0.64% |
| Allowance / Loans (%) | — | 2.49% | 0.06% | 2.43% |
| Net Charge-Off Ratio (%) | ▲ | 0.76% | -0.50 | 1.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.41% | +0.05 | 20.36% |
Noninterest income ($0.45M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▇▁▅▇█▅ | Net Interest Margin (%) | 4.36% | 4.35% | 4.32% | 4.08% | 4.28% | 4.35% | 4.40% | 4.25% |
| ███▁▃▃▃▂ | Return on Assets (%) | 1.98% | 1.99% | 1.98% | 1.82% | 1.87% | 1.88% | 1.88% | 1.86% |
| ▁▁▁▆█▃▃▁ | Efficiency Ratio (%) | 54.0% | 54.1% | 53.9% | 55.9% | 57.0% | 55.0% | 54.8% | 54.2% |
| ██▇▅▅▅▃▁ | Cost of Funds (%) | 1.51% | 1.53% | 1.48% | 1.39% | 1.38% | 1.38% | 1.30% | 1.19% |
| ▁▁▂▆▅▅█▄ | NPA / Assets (%) | 0.13% | 0.16% | 0.30% | 0.64% | 0.55% | 0.55% | 0.83% | 0.40% |
| ▁▁▃▇▆▅█▄ | Net Charge-Off Ratio (%) | 0.24% | 0.29% | 0.58% | 1.27% | 1.06% | 1.01% | 1.51% | 0.76% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $19 | $21 | $19 | $20 | $20 | $22 | $23 | $23 |
| ▁▂▁▁▅▇█▇ | Gross Loans ($M) | $118 | $121 | $119 | $120 | $130 | $137 | $141 | $137 |
| ▁▁▃▄▆▆▇█ | Total Deposits ($M) | $194 | $195 | $205 | $214 | $224 | $225 | $228 | $235 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Consumer | 5% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 12% |