Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.73% | +0.10 | 1.62% |
| Return on Equity (%) | ▼ | 10.77% | -0.10 | 10.87% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.36 | 3.80% |
| Efficiency Ratio (%) | ▲ | 53.82% | -1.93 | 55.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.56% | -0.23 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $115 | +1.83 | $113 |
| Gross Loans ($M) | ▲ | $72 | +12.86 | $59 |
| Loan Growth YoY (%) | ▲ | 74.01% | +12.94 | 61.06% |
| Total Deposits ($M) | ▲ | $96 | +0.66 | $96 |
| Shareholders Equity ($M) | ▲ | $18 | +1.18 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.18 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +0.34 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 74.01% | +12.94 | 61.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.64% | -0.11 | 0.75% |
| Allowance / Loans (%) | — | 0.82% | -0.18% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 1.02% | -0.42 | 1.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▁▁▃▇▇██ | Net Interest Margin (%) | 3.88% | 3.69% | 3.64% | 3.80% | 4.03% | 4.08% | 4.12% | 4.16% |
| █▆▁▄▇█▄▆ | Return on Assets (%) | 1.80% | 1.71% | 1.44% | 1.62% | 1.76% | 1.82% | 1.62% | 1.73% |
| ▃▄█▄▁▁▅▂ | Efficiency Ratio (%) | 55.1% | 55.6% | 61.1% | 55.7% | 52.6% | 52.2% | 57.5% | 53.8% |
| ▇▇█▄▂▂▃▁ | Cost of Funds (%) | 1.93% | 1.95% | 2.04% | 1.79% | 1.62% | 1.66% | 1.72% | 1.56% |
| ▁▁▄▄▁▆█▃ | NPA / Assets (%) | 0.22% | 0.23% | 0.84% | 0.75% | 0.18% | 1.15% | 1.51% | 0.64% |
| ▁▁▅▅▁██▃ | Net Charge-Off Ratio (%) | 0.45% | 0.48% | 1.60% | 1.44% | 0.35% | 2.26% | 2.50% | 1.02% |
| ▁▄▂▅▇█▇█ | Tang. Book Value ($M) | $15 | $17 | $16 | $17 | $18 | $18 | $18 | $18 |
| ▁▁▂▂▃▂▆█ | Gross Loans ($M) | $56 | $55 | $57 | $59 | $60 | $57 | $67 | $72 |
| █▆▁▄▆▃▁▅ | Total Deposits ($M) | $99 | $97 | $93 | $96 | $97 | $95 | $93 | $96 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 14% |
| C&I / Commercial | 37% |
| Agricultural | 41% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 20% |