Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.14 | 1.09% |
| Return on Equity (%) | ▼ | 18.44% | -0.56 | 19.00% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.20 | 3.48% |
| Efficiency Ratio (%) | ▲ | 51.41% | -4.18 | 55.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.15% | -0.11 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +13.35 | $170 |
| Gross Loans ($M) | ▲ | $91 | +6.39 | $85 |
| Loan Growth YoY (%) | ▲ | 54.12% | +0.31 | 53.81% |
| Total Deposits ($M) | ▲ | $166 | +10.46 | $156 |
| Shareholders Equity ($M) | ▲ | $12 | +1.69 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +1.69 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +2.12 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 54.12% | +0.31 | 53.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.43% | -0.31 | 0.74% |
| Allowance / Loans (%) | — | 1.61% | 0.17% | 1.44% |
| Net Charge-Off Ratio (%) | ▲ | 0.87% | -0.61 | 1.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇▇██ | Net Interest Margin (%) | 3.02% | 3.05% | 3.12% | 3.48% | 3.52% | 3.55% | 3.63% | 3.68% |
| █▅▃▁▁▁▁▂ | Return on Assets (%) | 1.68% | 1.45% | 1.31% | 1.09% | 1.14% | 1.11% | 1.11% | 1.24% |
| ███▃▃▄▄▁ | Efficiency Ratio (%) | 62.8% | 61.9% | 62.1% | 55.6% | 54.9% | 56.0% | 56.9% | 51.4% |
| ▆█▆▂▂▂▃▁ | Cost of Funds (%) | 1.48% | 1.59% | 1.43% | 1.26% | 1.24% | 1.25% | 1.28% | 1.15% |
| ▂▁▂█▅▆▃▃ | NPA / Assets (%) | 0.40% | 0.30% | 0.40% | 0.74% | 0.55% | 0.58% | 0.45% | 0.43% |
| ▃▁▂█▅▅▃▃ | Net Charge-Off Ratio (%) | 0.87% | 0.63% | 0.80% | 1.47% | 1.08% | 1.11% | 0.91% | 0.87% |
| ▁▇▁▄▅███ | Tang. Book Value ($M) | $9 | $12 | $9 | $10 | $11 | $12 | $12 | $12 |
| ▁▂▄▄▆█▇█ | Gross Loans ($M) | $81 | $83 | $86 | $85 | $88 | $92 | $89 | $91 |
| ▄▂▂▂▄▁██ | Total Deposits ($M) | $158 | $156 | $156 | $156 | $158 | $152 | $167 | $166 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 7% |