Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.35% | -0.60 | 1.95% |
| Return on Equity (%) | ▼ | 11.26% | -5.11 | 16.37% |
| Net Interest Margin (%) | ▲ | 5.56% | +0.20 | 5.35% |
| Efficiency Ratio (%) | ▼ | 62.92% | +0.58 | 62.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 2.03% | -0.11 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $207 | +13.97 | $193 |
| Gross Loans ($M) | ▲ | $166 | +20.41 | $145 |
| Loan Growth YoY (%) | ▲ | 89.69% | +5.11 | 84.59% |
| Total Deposits ($M) | ▲ | $181 | +12.52 | $169 |
| Shareholders Equity ($M) | ▲ | $25 | +1.51 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +1.51 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +1.51 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 89.69% | +5.11 | 84.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.21% | +0.94 | 1.28% |
| Allowance / Loans (%) | — | 1.79% | 0.13% | 1.66% |
| Net Charge-Off Ratio (%) | ▼ | 2.63% | +0.95 | 1.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -19.25 | 19.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▇███ | Net Interest Margin (%) | 5.03% | 5.12% | 5.13% | 5.35% | 5.44% | 5.50% | 5.54% | 5.56% |
| ▁▃▁█▆▄▄▃ | Return on Assets (%) | 1.15% | 1.36% | 1.14% | 1.95% | 1.66% | 1.51% | 1.50% | 1.35% |
| ▆▆█▁▃▂▃▁ | Efficiency Ratio (%) | 71.3% | 70.2% | 74.3% | 62.3% | 65.7% | 65.0% | 66.4% | 62.9% |
| ▂▅█▂▁▂▁▁ | Cost of Funds (%) | 2.15% | 2.33% | 2.57% | 2.14% | 2.09% | 2.13% | 2.08% | 2.03% |
| ▂▂▁▂▂▁▁█ | NPA / Assets (%) | 1.25% | 1.20% | 1.20% | 1.28% | 1.29% | 1.14% | 1.06% | 2.21% |
| ▁▁▂▃▃▂▁█ | Net Charge-Off Ratio (%) | 1.33% | 1.27% | 1.48% | 1.68% | 1.69% | 1.45% | 1.31% | 2.63% |
| ▁▄▂▅▆▇██ | Tang. Book Value ($M) | $22 | $23 | $22 | $23 | $24 | $24 | $24 | $25 |
| ▁▁▂▂▃▅▇█ | Gross Loans ($M) | $141 | $143 | $144 | $145 | $149 | $155 | $162 | $166 |
| ▂▁▂▃▅▅▆█ | Total Deposits ($M) | $167 | $164 | $166 | $169 | $173 | $174 | $176 | $181 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 11% |
| Agricultural | 3% |
| Consumer | 11% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |