Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.61 | 1.30% |
| Return on Equity (%) | ▲ | 17.79% | +4.94 | 12.85% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.49 | 3.85% |
| Efficiency Ratio (%) | ▲ | 46.40% | -7.72 | 54.12% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.45% | -0.17 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $253 | +10.79 | $242 |
| Gross Loans ($M) | ▲ | $202 | +10.37 | $192 |
| Loan Growth YoY (%) | ▲ | 88.92% | +1.62 | 87.30% |
| Total Deposits ($M) | ▲ | $223 | +7.14 | $215 |
| Shareholders Equity ($M) | ▲ | $27 | +2.07 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +2.07 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +1.85 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 88.92% | +1.62 | 87.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.77% | -0.00 | 0.77% |
| Allowance / Loans (%) | — | 2.12% | 0.17% | 1.96% |
| Net Charge-Off Ratio (%) | ▲ | 0.91% | -0.07 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▆█ | Net Interest Margin (%) | 3.54% | 3.50% | 3.62% | 3.85% | 3.98% | 4.03% | 4.09% | 4.34% |
| ▁▁▂▁▄▁▁█ | Return on Assets (%) | 1.37% | 1.37% | 1.38% | 1.30% | 1.54% | 1.36% | 1.31% | 1.91% |
| ██▇▅▃▆▅▁ | Efficiency Ratio (%) | 59.4% | 58.2% | 56.6% | 54.1% | 50.7% | 55.2% | 54.5% | 46.4% |
| █▅▆▃▄▄▃▁ | Cost of Funds (%) | 2.06% | 1.81% | 1.86% | 1.62% | 1.72% | 1.70% | 1.68% | 1.45% |
| ▁▁▁▅█▄▄▅ | NPA / Assets (%) | 0.05% | 0.03% | 0.10% | 0.77% | 1.39% | 0.56% | 0.69% | 0.77% |
| ▁▁▁▅█▄▄▅ | Net Charge-Off Ratio (%) | 0.06% | 0.00% | 0.10% | 0.98% | 1.71% | 0.68% | 0.85% | 0.91% |
| ▁▃▃▄▆▇▇█ | Tang. Book Value ($M) | $23 | $24 | $24 | $25 | $26 | $26 | $26 | $27 |
| ▁▁▄▅▇█▇█ | Gross Loans ($M) | $180 | $182 | $189 | $192 | $197 | $201 | $198 | $202 |
| ▁█▅▇▇█▇█ | Total Deposits ($M) | $190 | $219 | $206 | $215 | $215 | $219 | $216 | $223 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 19% |
| Agricultural | 18% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 91% |
| Brokered / Other | 6% |