Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.87% | -0.15 | 2.02% |
| Return on Equity (%) | ▼ | 17.21% | -0.93 | 18.14% |
| Net Interest Margin (%) | ▼ | 5.99% | -0.26 | 6.25% |
| Efficiency Ratio (%) | ▼ | 64.09% | +0.24 | 63.84% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.10 | $2 |
| Cost of Funds (%) | ▲ | 0.85% | -0.04 | 0.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $335 | +33.19 | $302 |
| Gross Loans ($M) | ▲ | $258 | +15.57 | $242 |
| Loan Growth YoY (%) | ▼ | 86.64% | -4.08 | 90.72% |
| Total Deposits ($M) | ▲ | $294 | +30.14 | $264 |
| Shareholders Equity ($M) | ▲ | $37 | +2.62 | $34 |
| Tang. Book Value ($M) | ▲ | $37 | +2.62 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 86.64% | -4.08 | 90.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -0.54 | 1.30% |
| Allowance / Loans (%) | — | 1.15% | 0.02% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.94% | -0.64 | 1.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆█▆▇██▁ | Net Interest Margin (%) | 6.24% | 6.25% | 6.32% | 6.25% | 6.29% | 6.35% | 6.35% | 5.99% |
| ▇█▅▄▆▇▄▁ | Return on Assets (%) | 2.13% | 2.20% | 2.04% | 2.02% | 2.10% | 2.13% | 2.00% | 1.87% |
| ▃▁▇▅▅▅█▆ | Efficiency Ratio (%) | 62.7% | 61.6% | 64.4% | 63.8% | 63.8% | 63.5% | 65.3% | 64.1% |
| ▁▆█▇▇▇▅▄ | Cost of Funds (%) | 0.81% | 0.88% | 0.91% | 0.89% | 0.89% | 0.90% | 0.87% | 0.85% |
| ▂▃█▆▂▂▁▁ | NPA / Assets (%) | 0.94% | 0.97% | 1.56% | 1.30% | 0.87% | 0.94% | 0.81% | 0.76% |
| ▃▃█▆▁▂▁▁ | Net Charge-Off Ratio (%) | 1.24% | 1.27% | 1.85% | 1.58% | 1.05% | 1.11% | 1.00% | 0.94% |
| ▁▃▂▅▅█▆█ | Tang. Book Value ($M) | $31 | $33 | $33 | $34 | $35 | $36 | $35 | $37 |
| ▁▁▅▅▆███ | Gross Loans ($M) | $226 | $230 | $242 | $242 | $250 | $254 | $256 | $258 |
| ▂▁▂▂▃▄██ | Total Deposits ($M) | $264 | $258 | $264 | $264 | $269 | $274 | $292 | $294 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 3% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |