Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.82% | -0.02 | 1.83% |
| Return on Equity (%) | ▼ | 17.90% | -1.12 | 19.02% |
| Net Interest Margin (%) | ▼ | 4.76% | -0.37 | 5.13% |
| Efficiency Ratio (%) | ▼ | 49.50% | +0.19 | 49.31% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 0.88% | -0.11 | 1.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $149 | +12.71 | $136 |
| Gross Loans ($M) | ▼ | $75 | -6.00 | $81 |
| Loan Growth YoY (%) | ▼ | 55.29% | -10.24 | 65.53% |
| Total Deposits ($M) | ▲ | $134 | +11.49 | $122 |
| Shareholders Equity ($M) | ▲ | $14 | +1.18 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.18 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.57 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 55.29% | -10.24 | 65.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.03 | 0.14% |
| Allowance / Loans (%) | — | 1.70% | 0.31% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -0.01 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.50% | +1.38 | 16.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▅▅▄▄▁ | Net Interest Margin (%) | 5.48% | 5.47% | 5.38% | 5.13% | 5.12% | 5.10% | 5.06% | 4.76% |
| ██▁▁▁▁▁▁ | Return on Assets (%) | 2.09% | 2.05% | 1.83% | 1.83% | 1.85% | 1.85% | 1.84% | 1.82% |
| ▁▃▃█▇▆▇█ | Efficiency Ratio (%) | 45.3% | 46.8% | 46.6% | 49.3% | 48.7% | 48.4% | 48.7% | 49.5% |
| ▁██▅▅▅▃▁ | Cost of Funds (%) | 0.89% | 1.11% | 1.10% | 1.00% | 1.01% | 1.01% | 0.96% | 0.88% |
| ▂▂▁▁█▁▁▁ | NPA / Assets (%) | 0.35% | 0.34% | 0.18% | 0.14% | 1.57% | 0.27% | 0.14% | 0.11% |
| ▂▂▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.56% | 0.57% | 0.31% | 0.24% | 2.79% | 0.47% | 0.27% | 0.23% |
| ▁▃▃▃▅▇█▅ | Tang. Book Value ($M) | $12 | $13 | $13 | $13 | $14 | $15 | $16 | $14 |
| ▅▃▃█▃▄▆▁ | Gross Loans ($M) | $79 | $77 | $77 | $81 | $77 | $78 | $79 | $75 |
| ▁▂▃▄▄▄▇█ | Total Deposits ($M) | $112 | $115 | $119 | $122 | $121 | $122 | $129 | $134 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 21% |
| Agricultural | 32% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 10% |