Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.17% | -0.41 | 1.58% |
| Return on Equity (%) | ▼ | 11.50% | -3.91 | 15.41% |
| Net Interest Margin (%) | ▼ | 4.63% | -0.47 | 5.10% |
| Efficiency Ratio (%) | ▼ | 67.16% | +7.41 | 59.75% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.26 | $1 |
| Cost of Funds (%) | ▼ | 2.01% | +0.01 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $283 | +21.95 | $261 |
| Gross Loans ($M) | ▲ | $224 | +16.53 | $208 |
| Loan Growth YoY (%) | ▼ | 87.66% | -4.73 | 92.39% |
| Total Deposits ($M) | ▲ | $252 | +30.63 | $222 |
| Shareholders Equity ($M) | ▲ | $29 | +1.57 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +1.57 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +1.68 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 87.66% | -4.73 | 92.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.71% | +1.70 | 1.01% |
| Allowance / Loans (%) | — | 1.26% | -0.02% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 3.42% | +2.15 | 1.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.34% | -0.57 | 12.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▇█▇█▁ | Net Interest Margin (%) | 4.70% | 4.77% | 4.90% | 5.10% | 5.15% | 5.11% | 5.20% | 4.63% |
| ▂▂▄██▇▆▁ | Return on Assets (%) | 1.24% | 1.26% | 1.36% | 1.58% | 1.60% | 1.53% | 1.48% | 1.17% |
| ▅▅▄▂▁▂▃█ | Efficiency Ratio (%) | 63.1% | 62.8% | 62.1% | 59.7% | 57.8% | 59.6% | 60.2% | 67.2% |
| ▇█▄▁▃█▅▁ | Cost of Funds (%) | 2.26% | 2.31% | 2.15% | 2.00% | 2.10% | 2.29% | 2.19% | 2.01% |
| ▁▁▁▃▁▂▄█ | NPA / Assets (%) | 0.22% | 0.11% | 0.39% | 1.01% | 0.34% | 0.57% | 1.23% | 2.71% |
| ▁▁▁▃▁▂▄█ | Net Charge-Off Ratio (%) | 0.13% | 0.13% | 0.47% | 1.27% | 0.43% | 0.71% | 1.50% | 3.42% |
| ▁▄▁▃▆█▅▇ | Tang. Book Value ($M) | $26 | $27 | $26 | $27 | $28 | $29 | $28 | $29 |
| ▁▃▃▃▆█▇█ | Gross Loans ($M) | $199 | $208 | $209 | $208 | $219 | $227 | $221 | $224 |
| ▁▂▂▃▅▆▄█ | Total Deposits ($M) | $211 | $217 | $217 | $222 | $232 | $239 | $231 | $252 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 15% |
| Agricultural | 13% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 19% |