Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.25 | 1.11% |
| Return on Equity (%) | ▲ | 12.98% | +2.36 | 10.62% |
| Net Interest Margin (%) | ▼ | 3.59% | -0.66 | 4.24% |
| Efficiency Ratio (%) | ▼ | 52.08% | +6.90 | 45.18% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.63% | -0.26 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $168 | +22.94 | $145 |
| Gross Loans ($M) | ▼ | $52 | -9.23 | $61 |
| Loan Growth YoY (%) | ▼ | 34.37% | -12.85 | 47.21% |
| Total Deposits ($M) | ▲ | $149 | +20.88 | $128 |
| Shareholders Equity ($M) | ▲ | $17 | +2.07 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.07 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.15 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 34.37% | -12.85 | 47.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.70% | -0.09 | 0.80% |
| Allowance / Loans (%) | — | 1.82% | 0.34% | 1.48% |
| Net Charge-Off Ratio (%) | ▼ | 2.26% | +0.38 | 1.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇██▆▆▆▆▁ | Net Interest Margin (%) | 4.36% | 4.52% | 4.51% | 4.24% | 4.20% | 4.23% | 4.19% | 3.59% |
| █▆▇▁▅▅▇▄ | Return on Assets (%) | 1.67% | 1.47% | 1.57% | 1.11% | 1.40% | 1.43% | 1.53% | 1.36% |
| ▁▁▁▂▃▆▅█ | Efficiency Ratio (%) | 44.1% | 43.2% | 44.2% | 45.2% | 45.9% | 49.3% | 48.3% | 52.1% |
| ██▆▄▃▄▃▁ | Cost of Funds (%) | 2.19% | 2.18% | 2.03% | 1.89% | 1.80% | 1.85% | 1.80% | 1.63% |
| █▂▇▃▄▁▁▂ | NPA / Assets (%) | 1.12% | 0.72% | 1.04% | 0.80% | 0.81% | 0.67% | 0.62% | 0.70% |
| █▁▆▃▄▁▁▆ | Net Charge-Off Ratio (%) | 2.67% | 1.55% | 2.34% | 1.88% | 2.10% | 1.65% | 1.56% | 2.26% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $14 | $14 | $15 | $15 | $16 | $16 | $17 | $17 |
| ▄██▇▅▇▇▁ | Gross Loans ($M) | $58 | $64 | $63 | $61 | $58 | $62 | $62 | $52 |
| ▁▁▂▂▄▄▅█ | Total Deposits ($M) | $122 | $122 | $125 | $128 | $132 | $134 | $138 | $149 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 21% |
| C&I / Commercial | 10% |
| Agricultural | 54% |
| Consumer | 13% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 9% |