Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.02 | 1.78% |
| Return on Equity (%) | ▼ | 10.15% | -0.15 | 10.30% |
| Net Interest Margin (%) | ▲ | 3.33% | +0.05 | 3.29% |
| Efficiency Ratio (%) | ▲ | 42.02% | -0.76 | 42.78% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.15 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $150 | +5.68 | $145 |
| Gross Loans ($M) | ▼ | $100 | -7.57 | $107 |
| Loan Growth YoY (%) | ▼ | 86.26% | -10.62 | 96.89% |
| Total Deposits ($M) | ▲ | $114 | +4.67 | $109 |
| Shareholders Equity ($M) | ▲ | $27 | +1.79 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +1.79 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.33 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 86.26% | -10.62 | 96.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.46% | +0.39 | 0.07% |
| Allowance / Loans (%) | — | 1.35% | 0.09% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.70% | +0.60 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.29% | +1.67 | 24.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁█▁█▄ | Net Interest Margin (%) | 3.28% | 3.29% | 3.28% | 3.29% | 3.40% | 3.30% | 3.40% | 3.33% |
| ▁▁▁▄█▃▇▅ | Return on Assets (%) | 1.71% | 1.70% | 1.69% | 1.78% | 1.91% | 1.77% | 1.88% | 1.81% |
| ▇▇█▄▁▄▁▃ | Efficiency Ratio (%) | 44.2% | 44.3% | 45.0% | 42.8% | 40.9% | 42.4% | 41.2% | 42.0% |
| ▇██▅▇▅▃▁ | Cost of Funds (%) | 1.95% | 2.00% | 1.97% | 1.87% | 1.94% | 1.89% | 1.80% | 1.72% |
| ▂▁▁▁██▁▅ | NPA / Assets (%) | 0.13% | 0.00% | 0.00% | 0.07% | 0.90% | 0.90% | 0.00% | 0.46% |
| ▂▁▁▁██▁▅ | Net Charge-Off Ratio (%) | 0.17% | 0.00% | 0.00% | 0.10% | 1.24% | 1.30% | 0.00% | 0.70% |
| ▁▄▃▃▄▆██ | Tang. Book Value ($M) | $24 | $25 | $25 | $25 | $25 | $26 | $26 | $27 |
| ▇▇▇█▆▃▁▂ | Gross Loans ($M) | $106 | $105 | $105 | $107 | $105 | $100 | $97 | $100 |
| ▁▁▃▆▅▅▇█ | Total Deposits ($M) | $102 | $101 | $106 | $109 | $108 | $108 | $112 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 16% |
| Agricultural | 31% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 14% |