Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.07 | 1.26% |
| Return on Equity (%) | ▼ | 10.91% | -0.01 | 10.92% |
| Net Interest Margin (%) | ▼ | 3.64% | -0.03 | 3.68% |
| Efficiency Ratio (%) | ▼ | 62.61% | +2.14 | 60.47% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.42% | -0.17 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $157 | +9.18 | $148 |
| Gross Loans ($M) | ▲ | $107 | +2.31 | $104 |
| Loan Growth YoY (%) | ▼ | 76.28% | -6.17 | 82.45% |
| Total Deposits ($M) | ▲ | $138 | +13.02 | $125 |
| Shareholders Equity ($M) | ▲ | $19 | +1.60 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +1.60 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.72 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 76.28% | -6.17 | 82.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.46% | +0.27 | 0.19% |
| Allowance / Loans (%) | — | 1.36% | 0.04% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.69% | +0.41 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▇██▆ | Net Interest Margin (%) | 3.18% | 3.23% | 3.35% | 3.68% | 3.75% | 3.84% | 3.84% | 3.64% |
| ▂▁▁▅███▇ | Return on Assets (%) | 1.19% | 1.14% | 1.16% | 1.26% | 1.36% | 1.39% | 1.37% | 1.33% |
| ▅▇█▁▁▁▂▅ | Efficiency Ratio (%) | 63.2% | 64.6% | 65.4% | 60.5% | 59.8% | 59.8% | 60.7% | 62.6% |
| ██▇▆▇▁▁▁ | Cost of Funds (%) | 1.67% | 1.69% | 1.64% | 1.59% | 1.64% | 1.44% | 1.45% | 1.42% |
| ▁▁▁▃▁███ | NPA / Assets (%) | 0.08% | 0.07% | 0.07% | 0.19% | 0.11% | 0.46% | 0.52% | 0.46% |
| ▁▁▁▃▁▇██ | Net Charge-Off Ratio (%) | 0.09% | 0.10% | 0.09% | 0.27% | 0.14% | 0.57% | 0.70% | 0.69% |
| ▁▃▃▅▅▇██ | Tang. Book Value ($M) | $16 | $17 | $17 | $17 | $18 | $18 | $19 | $19 |
| ▁▃▄▃▁▃█▅ | Gross Loans ($M) | $100 | $103 | $105 | $104 | $101 | $104 | $112 | $107 |
| ▁▁▂▃▁▁▆█ | Total Deposits ($M) | $117 | $118 | $121 | $125 | $117 | $119 | $131 | $138 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 16% |
| Agricultural | 20% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 7% |