Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.89% | -0.12 | 2.01% |
| Return on Equity (%) | ▲ | 17.77% | +0.65 | 17.12% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.44 | 3.61% |
| Efficiency Ratio (%) | ▼ | 53.25% | +8.94 | 44.30% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▼ | 2.68% | +0.13 | 2.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $212 | +16.05 | $196 |
| Gross Loans ($M) | ▲ | $176 | +18.64 | $157 |
| Loan Growth YoY (%) | ▲ | 93.22% | +2.14 | 91.08% |
| Total Deposits ($M) | ▲ | $187 | +15.74 | $171 |
| Shareholders Equity ($M) | ▲ | $23 | +0.12 | $23 |
| Tang. Book Value ($M) | ▲ | $22 | +0.16 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 93.22% | +2.14 | 91.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.95% | +0.37 | 0.58% |
| Allowance / Loans (%) | — | 0.98% | 0.08% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 1.14% | +0.44 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▃▄▅█ | Net Interest Margin (%) | 3.69% | 3.64% | 3.65% | 3.61% | 3.75% | 3.82% | 3.87% | 4.05% |
| █▆▁▇██▃▆ | Return on Assets (%) | 2.05% | 1.94% | 1.52% | 2.01% | 2.11% | 2.04% | 1.69% | 1.89% |
| ▂▃█▁▁▂▇▆ | Efficiency Ratio (%) | 45.4% | 47.6% | 59.0% | 44.3% | 42.8% | 46.0% | 56.0% | 53.2% |
| █▄▅▁▂▂▁▄ | Cost of Funds (%) | 2.88% | 2.68% | 2.73% | 2.55% | 2.61% | 2.63% | 2.57% | 2.68% |
| ▅▁▁▃▄▂██ | NPA / Assets (%) | 0.73% | 0.41% | 0.44% | 0.58% | 0.67% | 0.53% | 0.95% | 0.95% |
| ▅▁▁▃▄▂██ | Net Charge-Off Ratio (%) | 0.92% | 0.56% | 0.54% | 0.71% | 0.83% | 0.64% | 1.21% | 1.14% |
| ▁▃▁▃▆█▂▄ | Tang. Book Value ($M) | $21 | $21 | $21 | $21 | $22 | $22 | $21 | $22 |
| ▁▁▃▅▆█▇█ | Gross Loans ($M) | $136 | $132 | $148 | $157 | $161 | $174 | $166 | $176 |
| ▁▃▃▅▇███ | Total Deposits ($M) | $150 | $160 | $161 | $171 | $178 | $186 | $187 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 7% |
| Agricultural | 38% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 10% |