Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.18% | -0.21 | 2.39% |
| Return on Equity (%) | ▼ | 19.30% | -3.23 | 22.53% |
| Net Interest Margin (%) | ▼ | 3.90% | -0.16 | 4.05% |
| Efficiency Ratio (%) | ▼ | 47.07% | +2.55 | 44.53% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.14% | -0.11 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $165 | +5.85 | $160 |
| Gross Loans ($M) | ▲ | $83 | +3.31 | $80 |
| Loan Growth YoY (%) | ▲ | 56.04% | +0.64 | 55.40% |
| Total Deposits ($M) | ▲ | $147 | +4.22 | $142 |
| Shareholders Equity ($M) | ▲ | $19 | +1.61 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +1.61 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.67 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 56.04% | +0.64 | 55.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.16 | 0.00% |
| Allowance / Loans (%) | — | 1.61% | -0.02% | 1.63% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.31 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.92% | +1.53 | 21.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▂▃▃▂▁ | Net Interest Margin (%) | 4.61% | 4.61% | 4.49% | 4.05% | 4.09% | 4.10% | 4.06% | 3.90% |
| █▇▄▆▄▃▁▅ | Return on Assets (%) | 2.69% | 2.52% | 2.10% | 2.39% | 2.08% | 1.94% | 1.66% | 2.18% |
| ▁▂▆▂▄▆█▃ | Efficiency Ratio (%) | 41.4% | 44.5% | 52.6% | 44.5% | 49.5% | 52.3% | 58.6% | 47.1% |
| ▄▆█▆█▄▃▁ | Cost of Funds (%) | 1.22% | 1.25% | 1.30% | 1.25% | 1.29% | 1.22% | 1.20% | 1.14% |
| ▁▁▁▁▁▁▂█ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.04% | 0.16% |
| ▁▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.08% | 0.31% |
| ▁▃▁▃▅▆▇█ | Tang. Book Value ($M) | $16 | $17 | $16 | $17 | $17 | $18 | $18 | $19 |
| ▁▂█▄▅▆▅▆ | Gross Loans ($M) | $74 | $77 | $87 | $80 | $81 | $83 | $82 | $83 |
| ▂▁▅▇▅▅▆█ | Total Deposits ($M) | $132 | $129 | $138 | $142 | $139 | $138 | $142 | $147 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 11% |
| Agricultural | 22% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 7% |