Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.20 | 1.30% |
| Return on Equity (%) | ▲ | 13.69% | +1.45 | 12.24% |
| Net Interest Margin (%) | ▼ | 3.94% | -0.02 | 3.95% |
| Efficiency Ratio (%) | ▲ | 61.93% | -6.32 | 68.25% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 1.33% | -0.13 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $165 | +10.80 | $154 |
| Gross Loans ($M) | ▲ | $89 | +7.34 | $81 |
| Loan Growth YoY (%) | ▲ | 59.92% | +1.16 | 58.76% |
| Total Deposits ($M) | ▲ | $146 | +9.38 | $137 |
| Shareholders Equity ($M) | ▲ | $18 | +1.22 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.22 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.83 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 59.92% | +1.16 | 58.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.62% | -0.24 | 0.86% |
| Allowance / Loans (%) | — | 1.44% | 0.05% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.76% | -0.67 | 1.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▁▄▇█▁ | Net Interest Margin (%) | 3.91% | 4.07% | 4.12% | 3.95% | 4.09% | 4.27% | 4.35% | 3.94% |
| ▂▄█▃▁▄▅▆ | Return on Assets (%) | 1.23% | 1.39% | 1.73% | 1.30% | 1.08% | 1.37% | 1.45% | 1.50% |
| ▆▆▂█▆▂▁▁ | Efficiency Ratio (%) | 66.3% | 66.2% | 63.1% | 68.2% | 66.5% | 62.7% | 62.2% | 61.9% |
| ██▄▃▄▄▃▁ | Cost of Funds (%) | 1.72% | 1.73% | 1.48% | 1.46% | 1.49% | 1.49% | 1.45% | 1.33% |
| ▃▃▆█▄▄▅▁ | NPA / Assets (%) | 0.70% | 0.70% | 0.79% | 0.86% | 0.72% | 0.71% | 0.75% | 0.62% |
| ▄▃▇█▂▂▃▁ | Net Charge-Off Ratio (%) | 1.01% | 1.01% | 1.31% | 1.43% | 0.89% | 0.88% | 1.00% | 0.76% |
| ▁▂▄▅▅▆▇█ | Tang. Book Value ($M) | $16 | $16 | $17 | $17 | $17 | $17 | $18 | $18 |
| █▆▃▁▄▅▅▆ | Gross Loans ($M) | $92 | $89 | $85 | $81 | $86 | $87 | $87 | $89 |
| ▄▁█▁▄▃▇█ | Total Deposits ($M) | $140 | $135 | $145 | $137 | $140 | $139 | $144 | $146 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 21% |
| Agricultural | 16% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 6% |