Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.21 | 1.02% |
| Return on Equity (%) | ▲ | 12.18% | +1.36 | 10.82% |
| Net Interest Margin (%) | ▲ | 4.50% | +0.15 | 4.35% |
| Efficiency Ratio (%) | ▲ | 58.00% | -0.97 | 58.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 2.37% | -0.27 | 2.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $251 | +13.20 | $238 |
| Gross Loans ($M) | ▲ | $215 | +8.68 | $207 |
| Loan Growth YoY (%) | ▼ | 94.66% | -0.46 | 95.12% |
| Total Deposits ($M) | ▲ | $225 | +10.50 | $214 |
| Shareholders Equity ($M) | ▲ | $25 | +2.66 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +2.66 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 94.66% | -0.46 | 95.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.15% | -0.30 | 1.44% |
| Allowance / Loans (%) | — | 1.08% | -0.18% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 1.04% | -0.62 | 1.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇███ | Net Interest Margin (%) | 3.94% | 4.01% | 4.08% | 4.35% | 4.42% | 4.46% | 4.48% | 4.50% |
| ▃▄▅▅█▁▃█ | Return on Assets (%) | 0.94% | 0.97% | 1.03% | 1.02% | 1.18% | 0.79% | 0.94% | 1.23% |
| ▇██▃▁▁▂▂ | Efficiency Ratio (%) | 61.7% | 62.3% | 63.0% | 59.0% | 56.6% | 56.8% | 58.1% | 58.0% |
| ███▄▃▃▃▁ | Cost of Funds (%) | 2.87% | 2.93% | 2.89% | 2.64% | 2.54% | 2.57% | 2.54% | 2.37% |
| ▁▁▁▅█▅▆▃ | NPA / Assets (%) | 0.69% | 0.64% | 0.63% | 1.44% | 2.08% | 1.53% | 1.70% | 1.15% |
| ▁▁▁▅█▄▅▂ | Net Charge-Off Ratio (%) | 0.82% | 0.74% | 0.71% | 1.66% | 2.38% | 1.53% | 1.65% | 1.04% |
| ▁▃▁▂▄▅▇█ | Tang. Book Value ($M) | $22 | $23 | $22 | $23 | $24 | $24 | $25 | $25 |
| ▂▁▁▂▃███ | Gross Loans ($M) | $206 | $205 | $205 | $207 | $208 | $214 | $214 | $215 |
| ▆▁▁▂▁▅▅█ | Total Deposits ($M) | $220 | $213 | $212 | $214 | $212 | $219 | $220 | $225 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 26% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 30% |