Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.09 | 0.84% |
| Return on Equity (%) | ▼ | 10.54% | -0.35 | 10.89% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.31 | 3.21% |
| Efficiency Ratio (%) | ▲ | 71.27% | -1.18 | 72.46% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.94% | -0.35 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $322 | -16.26 | $338 |
| Gross Loans ($M) | ▼ | $214 | -13.01 | $227 |
| Loan Growth YoY (%) | ▲ | 85.71% | +0.29 | 85.41% |
| Total Deposits ($M) | ▼ | $246 | -16.09 | $262 |
| Shareholders Equity ($M) | ▲ | $29 | +2.78 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +2.78 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +2.44 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 85.71% | +0.29 | 85.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.24 | 0.00% |
| Allowance / Loans (%) | — | 1.38% | 0.08% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.35% | +0.35 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▃▁▁▁▂█ | Net Interest Margin (%) | 3.39% | 3.34% | 3.31% | 3.21% | 3.22% | 3.24% | 3.26% | 3.52% |
| ██▇▂▁▁▁▄ | Return on Assets (%) | 1.14% | 1.10% | 1.07% | 0.84% | 0.77% | 0.78% | 0.75% | 0.93% |
| ▁▁▂▆███▅ | Efficiency Ratio (%) | 65.0% | 65.8% | 66.7% | 72.5% | 74.4% | 74.2% | 75.3% | 71.3% |
| ██▇▅▇▄▃▁ | Cost of Funds (%) | 2.56% | 2.58% | 2.47% | 2.29% | 2.44% | 2.25% | 2.15% | 1.94% |
| ▅█▆▁▁▁▁█ | NPA / Assets (%) | 0.12% | 0.21% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% |
| ▄▇▆▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.18% | 0.31% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% |
| ▁▂▄▃▄▆▇█ | Tang. Book Value ($M) | $25 | $26 | $26 | $26 | $27 | $27 | $28 | $29 |
| ▆▇█▆▃▄▃▁ | Gross Loans ($M) | $229 | $229 | $234 | $227 | $219 | $222 | $219 | $214 |
| █▆▅▆▄▁▂▂ | Total Deposits ($M) | $271 | $263 | $257 | $262 | $254 | $241 | $245 | $246 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 35% |
| C&I / Commercial | 7% |
| Agricultural | 53% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 19% |