Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.73% | +0.94 | 0.79% |
| Return on Equity (%) | ▲ | 19.54% | +10.43 | 9.11% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.43 | 3.86% |
| Efficiency Ratio (%) | ▲ | 67.41% | -3.10 | 70.51% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.24 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $325 | +20.25 | $305 |
| Gross Loans ($M) | ▲ | $196 | +10.53 | $186 |
| Loan Growth YoY (%) | ▼ | 66.01% | -0.24 | 66.25% |
| Total Deposits ($M) | ▲ | $294 | +16.93 | $277 |
| Shareholders Equity ($M) | ▲ | $29 | +2.67 | $26 |
| Tang. Book Value ($M) | ▲ | $27 | +2.98 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.47 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 66.01% | -0.24 | 66.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.83% | -0.89 | 1.72% |
| Allowance / Loans (%) | — | 1.06% | -0.05% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 1.38% | -1.45 | 2.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▆▆▇█ | Net Interest Margin (%) | 3.70% | 3.65% | 3.68% | 3.86% | 4.12% | 4.11% | 4.16% | 4.29% |
| ▁▁▁▁▃▃▃█ | Return on Assets (%) | 0.73% | 0.72% | 0.75% | 0.79% | 0.98% | 0.98% | 1.03% | 1.73% |
| ▆███▂▁▁▄ | Efficiency Ratio (%) | 69.5% | 71.0% | 70.8% | 70.5% | 66.2% | 65.9% | 65.1% | 67.4% |
| ▄█▆▆▄▇▂▁ | Cost of Funds (%) | 1.87% | 2.05% | 1.96% | 1.96% | 1.85% | 2.00% | 1.78% | 1.72% |
| ██▇█▅▇▃▁ | NPA / Assets (%) | 1.76% | 1.72% | 1.62% | 1.72% | 1.37% | 1.63% | 1.08% | 0.83% |
| ▇▇▆█▅█▂▁ | Net Charge-Off Ratio (%) | 2.61% | 2.59% | 2.44% | 2.83% | 2.24% | 2.67% | 1.74% | 1.38% |
| ▁▅▁▁▃▅██ | Tang. Book Value ($M) | $24 | $26 | $24 | $24 | $25 | $26 | $28 | $27 |
| ▄▃▃▁▂▃█▅ | Gross Loans ($M) | $194 | $192 | $193 | $186 | $190 | $192 | $204 | $196 |
| ▁▃▃▅▅▆▅█ | Total Deposits ($M) | $253 | $264 | $266 | $277 | $274 | $280 | $277 | $294 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 5% |
| Agricultural | 20% |
| Consumer | 6% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 13% |