Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.15 | 0.44% |
| Return on Equity (%) | ▲ | 9.20% | +0.39 | 8.81% |
| Net Interest Margin (%) | ▼ | 2.45% | -0.09 | 2.54% |
| Efficiency Ratio (%) | ▼ | 73.66% | +3.57 | 70.10% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▲ | 2.25% | -0.14 | 2.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $288 | +19.96 | $268 |
| Gross Loans ($M) | ▲ | $158 | +1.94 | $156 |
| Loan Growth YoY (%) | ▼ | 63.47% | -3.79 | 67.26% |
| Total Deposits ($M) | ▲ | $245 | +16.63 | $229 |
| Shareholders Equity ($M) | ▲ | $18 | +4.24 | $13 |
| Tang. Book Value ($M) | ▲ | $18 | +4.24 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +5.24 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 63.47% | -3.79 | 67.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.84% | -0.18 | 1.01% |
| Allowance / Loans (%) | — | 1.19% | 0.02% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.22% | +0.22 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂████▇ | Net Interest Margin (%) | 1.90% | 1.94% | 2.06% | 2.54% | 2.56% | 2.57% | 2.58% | 2.45% |
| ▁▁▂▄▆███ | Return on Assets (%) | 0.30% | 0.30% | 0.36% | 0.44% | 0.49% | 0.56% | 0.59% | 0.59% |
| ███▁▂▂▂▂ | Efficiency Ratio (%) | 85.1% | 85.5% | 83.9% | 70.1% | 73.1% | 72.6% | 72.5% | 73.7% |
| ██▇▂▃▃▃▁ | Cost of Funds (%) | 2.87% | 2.86% | 2.74% | 2.39% | 2.44% | 2.48% | 2.48% | 2.25% |
| █▃▃▂▂▃▁▁ | NPA / Assets (%) | 1.63% | 1.04% | 1.12% | 1.01% | 0.97% | 1.11% | 0.85% | 0.84% |
| █▁▁▁▁▂▁▁ | Net Charge-Off Ratio (%) | 2.20% | 0.12% | 0.10% | 0.00% | 0.01% | 0.33% | 0.18% | 0.22% |
| ▁▄▂▂▄▇█▇ | Tang. Book Value ($M) | $12 | $15 | $13 | $13 | $15 | $18 | $19 | $18 |
| ▃▁▄▇▇▄██ | Gross Loans ($M) | $151 | $148 | $153 | $156 | $156 | $153 | $158 | $158 |
| ▁▁▂▄▄▃▅█ | Total Deposits ($M) | $215 | $216 | $219 | $229 | $230 | $226 | $234 | $245 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 27% |
| Agricultural | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 21% |