Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.29 | 1.17% |
| Return on Equity (%) | ▲ | 15.38% | +2.27 | 13.11% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.47 | 3.08% |
| Efficiency Ratio (%) | ▲ | 51.63% | -3.73 | 55.36% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $1 |
| Cost of Funds (%) | ▲ | 1.15% | -0.27 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $287 | +1.28 | $286 |
| Gross Loans ($M) | ▼ | $161 | -0.59 | $161 |
| Loan Growth YoY (%) | ▼ | 62.02% | -1.02 | 63.04% |
| Total Deposits ($M) | ▲ | $256 | +2.67 | $253 |
| Shareholders Equity ($M) | ▲ | $27 | +1.53 | $25 |
| Tang. Book Value ($M) | ▲ | $24 | +1.68 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.80 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 62.02% | -1.02 | 63.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.11 | 0.00% |
| Allowance / Loans (%) | — | 1.51% | 0.22% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.21% | +0.20 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.32% | +0.68 | 14.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▂▄█ | Net Interest Margin (%) | 3.11% | 3.13% | 3.13% | 3.08% | 3.15% | 3.19% | 3.27% | 3.55% |
| ▂▁▁▅▅▄▄█ | Return on Assets (%) | 0.86% | 0.81% | 0.77% | 1.17% | 1.15% | 1.06% | 1.03% | 1.46% |
| ▇██▃▃▃▃▁ | Efficiency Ratio (%) | 64.3% | 64.6% | 66.4% | 55.4% | 56.2% | 56.5% | 55.6% | 51.6% |
| ▇█▇▇██▅▁ | Cost of Funds (%) | 1.44% | 1.45% | 1.42% | 1.42% | 1.46% | 1.49% | 1.34% | 1.15% |
| ▅▁▁▁▁█▄▄ | NPA / Assets (%) | 0.13% | 0.01% | 0.01% | 0.00% | 0.00% | 0.24% | 0.12% | 0.12% |
| ▄▁▁▁▁█▄▄ | Net Charge-Off Ratio (%) | 0.20% | 0.01% | 0.01% | 0.01% | 0.01% | 0.44% | 0.21% | 0.21% |
| ▁▄▂▄▆▇██ | Tang. Book Value ($M) | $20 | $22 | $21 | $22 | $23 | $23 | $24 | $24 |
| ▃▄█▅▁▁█▄ | Gross Loans ($M) | $159 | $160 | $167 | $161 | $155 | $155 | $166 | $161 |
| ▁▁▄█▆▆▇█ | Total Deposits ($M) | $229 | $228 | $239 | $253 | $248 | $248 | $250 | $256 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 6% |
| Agricultural | 23% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 5% |