Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.61% | -0.06 | 1.68% |
| Return on Equity (%) | ▼ | 11.97% | -0.28 | 12.25% |
| Net Interest Margin (%) | ▼ | 3.52% | -0.13 | 3.65% |
| Efficiency Ratio (%) | ▼ | 49.56% | +0.85 | 48.71% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.60% | -0.16 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +14.18 | $138 |
| Gross Loans ($M) | ▲ | $75 | +1.11 | $74 |
| Loan Growth YoY (%) | ▼ | 56.40% | -5.21 | 61.61% |
| Total Deposits ($M) | ▲ | $131 | +12.90 | $118 |
| Shareholders Equity ($M) | ▲ | $20 | +1.37 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.37 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +1.79 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 56.40% | -5.21 | 61.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | -0.04% | 1.31% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 23.97% | +0.46 | 23.51% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃████▇ | Net Interest Margin (%) | 3.07% | 3.20% | 3.27% | 3.65% | 3.65% | 3.66% | 3.62% | 3.52% |
| █▆▆▂▅▆▅▁ | Return on Assets (%) | 1.91% | 1.82% | 1.82% | 1.68% | 1.79% | 1.83% | 1.77% | 1.61% |
| █▆█▇▃▁▃█ | Efficiency Ratio (%) | 49.9% | 48.4% | 49.3% | 48.7% | 45.6% | 44.1% | 45.6% | 49.6% |
| ▆██▄▅▅▂▁ | Cost of Funds (%) | 1.81% | 1.92% | 1.90% | 1.75% | 1.78% | 1.78% | 1.66% | 1.60% |
| ██▁▁▁▁▁▁ | NPA / Assets (%) | 0.63% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ██▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.23% | 1.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▄▅▆▇██ | Tang. Book Value ($M) | $17 | $18 | $18 | $18 | $19 | $19 | $20 | $20 |
| ▁█▇▄▃▁▄▆ | Gross Loans ($M) | $72 | $76 | $75 | $74 | $73 | $72 | $74 | $75 |
| ▃▂▁▃▃▃▆█ | Total Deposits ($M) | $117 | $116 | $111 | $118 | $118 | $118 | $125 | $131 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 8% |
| Agricultural | 35% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |