Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.16% | -0.36 | 1.52% |
| Return on Equity (%) | ▼ | 13.82% | -4.38 | 18.20% |
| Net Interest Margin (%) | ▼ | 3.94% | -0.29 | 4.23% |
| Efficiency Ratio (%) | ▼ | 67.26% | +6.13 | 61.14% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.07 | $0 |
| Cost of Funds (%) | ▼ | 2.07% | +0.08 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +6.11 | $111 |
| Gross Loans ($M) | ▼ | $94 | -0.25 | $95 |
| Loan Growth YoY (%) | — | 94.23% | 0.00 | 94.23% |
| Total Deposits ($M) | ▼ | $98 | -0.53 | $99 |
| Shareholders Equity ($M) | ▲ | $10 | +0.60 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +0.60 | $9 |
| Loan / Deposit Ratio (%) | — | 94.23% | 0.00 | 94.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.15 | 0.15% |
| Allowance / Loans (%) | — | 1.80% | 0.27% | 1.53% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.18 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.32% | +0.27 | 10.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▅▆▆▆▁ | Net Interest Margin (%) | 4.46% | 4.49% | 4.46% | 4.23% | 4.29% | 4.33% | 4.32% | 3.94% |
| ▇███▇▇▆▁ | Return on Assets (%) | 1.51% | 1.57% | 1.52% | 1.52% | 1.48% | 1.50% | 1.44% | 1.16% |
| ▃▁▂▁▁▁▂█ | Efficiency Ratio (%) | 62.9% | 61.5% | 62.2% | 61.1% | 61.8% | 61.1% | 62.0% | 67.3% |
| ▂█▂▁▂█▃▂ | Cost of Funds (%) | 2.07% | 2.30% | 2.04% | 1.99% | 2.04% | 2.27% | 2.08% | 2.07% |
| ▁▄▁█▃▂▁▁ | NPA / Assets (%) | 0.00% | 0.08% | 0.00% | 0.15% | 0.04% | 0.04% | 0.00% | 0.00% |
| ▁▄▁█▃▂▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.09% | 0.00% | 0.18% | 0.05% | 0.04% | 0.00% | 0.00% |
| ▁▃▅▃▅▆█▆ | Tang. Book Value ($M) | $9 | $9 | $10 | $9 | $9 | $10 | $10 | $10 |
| ▃▅▁▂▇█▄▂ | Gross Loans ($M) | $96 | $100 | $92 | $95 | $103 | $107 | $99 | $94 |
| ▁▁▇▇▁▄█▆ | Total Deposits ($M) | $93 | $94 | $99 | $99 | $94 | $96 | $100 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 5% |
| Agricultural | 37% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 19% |