Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.86% | -0.25 | 2.11% |
| Return on Equity (%) | ▼ | 14.96% | -2.25 | 17.21% |
| Net Interest Margin (%) | ▼ | 4.37% | -0.04 | 4.41% |
| Efficiency Ratio (%) | ▼ | 46.19% | +3.67 | 42.52% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 2.17% | -0.12 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $212 | +18.51 | $194 |
| Gross Loans ($M) | ▲ | $165 | +16.79 | $149 |
| Loan Growth YoY (%) | ▲ | 86.27% | +0.97 | 85.30% |
| Total Deposits ($M) | ▲ | $187 | +16.76 | $170 |
| Shareholders Equity ($M) | ▲ | $25 | +1.70 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +1.70 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +1.72 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 86.27% | +0.97 | 85.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.62% | -0.06 | 0.68% |
| Allowance / Loans (%) | — | 2.57% | 0.17% | 2.40% |
| Net Charge-Off Ratio (%) | ▲ | 0.79% | -0.10 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.89% | -0.12 | 14.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▅▇█▁ | Net Interest Margin (%) | 4.37% | 4.36% | 4.41% | 4.41% | 4.47% | 4.50% | 4.54% | 4.37% |
| █▇▆▅▇▆▅▁ | Return on Assets (%) | 2.31% | 2.24% | 2.17% | 2.11% | 2.20% | 2.19% | 2.13% | 1.86% |
| ▃▄▆▂▁▁▃█ | Efficiency Ratio (%) | 43.4% | 43.8% | 44.6% | 42.5% | 42.0% | 41.9% | 43.3% | 46.2% |
| ▃█▆▄▄▄▅▁ | Cost of Funds (%) | 2.25% | 2.46% | 2.38% | 2.29% | 2.30% | 2.30% | 2.35% | 2.17% |
| ▁▇▅▆██▇▆ | NPA / Assets (%) | 0.20% | 0.72% | 0.59% | 0.68% | 0.85% | 0.78% | 0.73% | 0.62% |
| ▁▇▅▇██▇▆ | Net Charge-Off Ratio (%) | 0.25% | 0.89% | 0.73% | 0.89% | 1.08% | 1.01% | 0.90% | 0.79% |
| ▁▃▄▃▅▇█▅ | Tang. Book Value ($M) | $22 | $23 | $24 | $23 | $24 | $25 | $26 | $25 |
| ▁▃▆▄▆▆██ | Gross Loans ($M) | $136 | $143 | $155 | $149 | $155 | $157 | $162 | $165 |
| ▁▂▄▅▆▇▆█ | Total Deposits ($M) | $142 | $151 | $163 | $170 | $173 | $176 | $172 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 41% |
| C&I / Commercial | 17% |
| Agricultural | 36% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 26% |