Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.89% | +0.34 | 1.55% |
| Return on Equity (%) | ▲ | 21.49% | +1.02 | 20.47% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.38 | 3.32% |
| Efficiency Ratio (%) | ▲ | 48.01% | -3.36 | 51.37% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.37% | -0.18 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $285 | +1.66 | $284 |
| Gross Loans ($M) | ▼ | $191 | -4.26 | $196 |
| Loan Growth YoY (%) | ▼ | 73.22% | -1.04 | 74.25% |
| Total Deposits ($M) | ▼ | $258 | -2.13 | $260 |
| Shareholders Equity ($M) | ▲ | $25 | +3.47 | $22 |
| Tang. Book Value ($M) | ▲ | $25 | +3.47 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +3.81 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 73.22% | -1.04 | 74.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.16 | 0.29% |
| Allowance / Loans (%) | — | 1.18% | 0.02% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.05 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.12% | +1.65 | 12.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▄▅▆█ | Net Interest Margin (%) | 3.25% | 3.28% | 3.31% | 3.32% | 3.45% | 3.53% | 3.57% | 3.70% |
| ▁▁▃▁▅▆▇█ | Return on Assets (%) | 1.56% | 1.57% | 1.64% | 1.55% | 1.72% | 1.79% | 1.82% | 1.89% |
| ▆▅▃█▃▁▁▁ | Efficiency Ratio (%) | 50.4% | 50.0% | 48.9% | 51.4% | 49.0% | 48.4% | 48.1% | 48.0% |
| ▆██▅█▅▄▁ | Cost of Funds (%) | 1.58% | 1.63% | 1.65% | 1.55% | 1.66% | 1.54% | 1.48% | 1.37% |
| ▂▂▂▂█▁▁▁ | NPA / Assets (%) | 0.38% | 0.30% | 0.30% | 0.29% | 1.39% | 0.17% | 0.12% | 0.13% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.36% | 0.24% | 0.25% | 0.24% | 2.00% | 0.24% | 0.18% | 0.19% |
| ▁▃▂▄▆▇██ | Tang. Book Value ($M) | $19 | $21 | $21 | $22 | $23 | $24 | $25 | $25 |
| ▃▄▄▅▁▁█▁ | Gross Loans ($M) | $194 | $195 | $195 | $196 | $192 | $192 | $199 | $191 |
| ▁▁▃█▂▃█▇ | Total Deposits ($M) | $250 | $250 | $254 | $260 | $252 | $253 | $261 | $258 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 42% |
| C&I / Commercial | 5% |
| Agricultural | 49% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 13% |