Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.11% | +0.66 | 1.46% |
| Return on Equity (%) | ▼ | 35.87% | -1.25 | 37.12% |
| Net Interest Margin (%) | ▼ | 3.85% | -0.12 | 3.98% |
| Efficiency Ratio (%) | ▲ | 58.27% | -2.15 | 60.42% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.12% | -0.06 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $146 | +3.85 | $142 |
| Gross Loans ($M) | ▼ | $70 | -3.96 | $74 |
| Loan Growth YoY (%) | ▼ | 51.37% | -3.61 | 54.98% |
| Total Deposits ($M) | ▲ | $134 | +1.77 | $132 |
| Shareholders Equity ($M) | ▲ | $9 | +2.95 | $6 |
| Tang. Book Value ($M) | ▲ | $9 | +2.95 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +3.24 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 51.37% | -3.61 | 54.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | -0.06% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.11 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.86% | +1.48 | 14.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁█▆▆▄▆ | Net Interest Margin (%) | 3.53% | 3.55% | 3.53% | 3.98% | 3.83% | 3.86% | 3.75% | 3.85% |
| ▄▂▁▃▃▃▂█ | Return on Assets (%) | 1.55% | 1.39% | 1.21% | 1.46% | 1.47% | 1.47% | 1.37% | 2.11% |
| ▅▆█▂▄▅▆▁ | Efficiency Ratio (%) | 63.5% | 65.6% | 68.5% | 60.4% | 63.2% | 64.0% | 65.4% | 58.3% |
| ▆█▅▃▃▅▁▁ | Cost of Funds (%) | 1.29% | 1.35% | 1.26% | 1.19% | 1.18% | 1.25% | 1.15% | 1.12% |
| ▁▁▁▁█▁▂▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 0.06% | 0.13% | 0.05% |
| ▁▁▁▁█▁▂▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 1.94% | 0.13% | 0.29% | 0.11% |
| ▁▅▁▃▄█▇█ | Tang. Book Value ($M) | $5 | $7 | $5 | $6 | $7 | $9 | $9 | $9 |
| ▁▃█▆▅▅▄▃ | Gross Loans ($M) | $67 | $70 | $76 | $74 | $72 | $72 | $72 | $70 |
| ▁▁▆▃▃▁█▃ | Total Deposits ($M) | $127 | $125 | $142 | $132 | $132 | $127 | $151 | $134 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 23% |
| Agricultural | 24% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 16% |