Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.03% | -0.18 | 2.22% |
| Return on Equity (%) | ▼ | 16.76% | -2.59 | 19.35% |
| Net Interest Margin (%) | ▼ | 4.37% | -0.16 | 4.54% |
| Efficiency Ratio (%) | ▼ | 55.97% | +2.95 | 53.02% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▼ | 0.86% | +0.19 | 0.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $186 | +6.70 | $180 |
| Gross Loans ($M) | ▲ | $133 | +2.04 | $131 |
| Loan Growth YoY (%) | ▼ | 80.44% | -0.73 | 81.18% |
| Total Deposits ($M) | ▲ | $163 | +3.93 | $159 |
| Shareholders Equity ($M) | ▲ | $23 | +2.78 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +2.78 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.60 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 80.44% | -0.73 | 81.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.75 | 1.11% |
| Allowance / Loans (%) | — | 1.34% | 0.01% | 1.33% |
| Net Charge-Off Ratio (%) | ▲ | 0.51% | -1.03 | 1.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.89% | +2.27 | 16.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅█▇█▁ | Net Interest Margin (%) | 4.34% | 4.40% | 4.46% | 4.54% | 4.66% | 4.62% | 4.62% | 4.37% |
| ▃▁▂█▇▆▅▁ | Return on Assets (%) | 2.10% | 2.05% | 2.07% | 2.22% | 2.19% | 2.16% | 2.14% | 2.03% |
| ▃▆█▁▅▆▆█ | Efficiency Ratio (%) | 54.1% | 55.2% | 56.0% | 53.0% | 54.7% | 55.0% | 55.0% | 56.0% |
| ▂▁▃▁▃▃█▇ | Cost of Funds (%) | 0.72% | 0.66% | 0.73% | 0.66% | 0.72% | 0.74% | 0.89% | 0.86% |
| ▇▂▄█▅▅▄▁ | NPA / Assets (%) | 0.95% | 0.51% | 0.72% | 1.11% | 0.75% | 0.80% | 0.67% | 0.36% |
| ▇▂▄█▄▅▄▁ | Net Charge-Off Ratio (%) | 1.34% | 0.71% | 0.94% | 1.53% | 0.98% | 1.11% | 0.92% | 0.51% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $18 | $20 | $20 | $20 | $21 | $22 | $22 | $23 |
| ▁▁▃▄▆▇█▆ | Gross Loans ($M) | $124 | $126 | $128 | $131 | $133 | $135 | $137 | $133 |
| ▄▂▁▅▂██▇ | Total Deposits ($M) | $155 | $152 | $149 | $159 | $152 | $166 | $166 | $163 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 19% |
| Agricultural | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 2% |