Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.39% | -0.30 | 1.70% |
| Return on Equity (%) | ▼ | 7.24% | -1.70 | 8.94% |
| Net Interest Margin (%) | ▲ | 4.08% | +0.37 | 3.71% |
| Efficiency Ratio (%) | ▼ | 48.75% | +2.33 | 46.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 0.96% | -0.15 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $199 | +5.71 | $193 |
| Gross Loans ($M) | ▲ | $101 | +9.00 | $92 |
| Loan Growth YoY (%) | ▲ | 65.80% | +5.67 | 60.13% |
| Total Deposits ($M) | ▲ | $151 | +1.69 | $149 |
| Shareholders Equity ($M) | ▲ | $37 | +1.01 | $36 |
| Tang. Book Value ($M) | ▲ | $37 | +1.01 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +0.84 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 65.80% | +5.67 | 60.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.64 | 0.08% |
| Allowance / Loans (%) | — | 1.50% | -0.77% | 2.28% |
| Net Charge-Off Ratio (%) | ▼ | 1.42% | +1.24 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▇██ | Net Interest Margin (%) | 3.50% | 3.41% | 3.48% | 3.71% | 3.71% | 3.98% | 4.06% | 4.08% |
| ▆▄▅▅▄█▃▁ | Return on Assets (%) | 1.80% | 1.63% | 1.68% | 1.70% | 1.67% | 1.96% | 1.54% | 1.39% |
| ▂▅▂▃▃▁█▅ | Efficiency Ratio (%) | 45.9% | 48.8% | 45.5% | 46.4% | 46.8% | 43.2% | 54.2% | 48.7% |
| ▃██▄▅▅▇▁ | Cost of Funds (%) | 1.05% | 1.31% | 1.30% | 1.11% | 1.17% | 1.17% | 1.23% | 0.96% |
| ▁▂▁▁██▃▆ | NPA / Assets (%) | 0.00% | 0.15% | 0.04% | 0.08% | 1.03% | 1.06% | 0.39% | 0.72% |
| ▁▂▁▁██▃▆ | Net Charge-Off Ratio (%) | 0.01% | 0.29% | 0.07% | 0.18% | 1.96% | 1.87% | 0.69% | 1.42% |
| ▁▄▄▆█▇██ | Tang. Book Value ($M) | $33 | $35 | $35 | $36 | $38 | $37 | $37 | $37 |
| ▁▄▃▂▅█▇▅ | Gross Loans ($M) | $88 | $99 | $96 | $92 | $101 | $112 | $108 | $101 |
| ▂▁▄█▆▂▄█ | Total Deposits ($M) | $138 | $136 | $142 | $149 | $146 | $139 | $142 | $151 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 32% |
| C&I / Commercial | 15% |
| Agricultural | 48% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 4% |