Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.19 | 1.20% |
| Return on Equity (%) | ▲ | 14.40% | +0.54 | 13.86% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.24 | 4.09% |
| Efficiency Ratio (%) | ▲ | 65.89% | -0.61 | 66.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 2.00% | -0.28 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $148 | +2.39 | $146 |
| Gross Loans ($M) | ▲ | $126 | +2.70 | $123 |
| Loan Growth YoY (%) | ▼ | 105.10% | -0.09 | 105.19% |
| Total Deposits ($M) | ▲ | $118 | +2.56 | $116 |
| Shareholders Equity ($M) | ▲ | $14 | +1.52 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.52 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 105.10% | -0.09 | 105.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.39 | 0.39% |
| Allowance / Loans (%) | — | 1.08% | 0.07% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.47 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.88 | 10.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▅▁▄▇█▇ | Net Interest Margin (%) | 4.30% | 4.27% | 4.25% | 4.09% | 4.21% | 4.34% | 4.39% | 4.33% |
| ▇█▁▁▂▆▂▇ | Return on Assets (%) | 1.42% | 1.46% | 1.19% | 1.20% | 1.25% | 1.38% | 1.25% | 1.39% |
| ▂▁█▆▂▁▇▅ | Efficiency Ratio (%) | 63.8% | 62.9% | 68.3% | 66.5% | 64.1% | 63.0% | 67.1% | 65.9% |
| ▂▇██▆▃▃▁ | Cost of Funds (%) | 2.04% | 2.24% | 2.31% | 2.28% | 2.23% | 2.11% | 2.08% | 2.00% |
| ▁▆▆█▇▅▁▁ | NPA / Assets (%) | 0.02% | 0.29% | 0.29% | 0.39% | 0.31% | 0.24% | 0.00% | 0.00% |
| ▁▆▆█▆▅▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.35% | 0.33% | 0.47% | 0.35% | 0.26% | 0.00% | 0.00% |
| ▁▂▂▃▅▇██ | Tang. Book Value ($M) | $12 | $12 | $12 | $13 | $13 | $14 | $14 | $14 |
| ▁▂▄▅▇█▇▆ | Gross Loans ($M) | $115 | $118 | $122 | $123 | $128 | $131 | $128 | $126 |
| ▁▄▆▇▇▅▆█ | Total Deposits ($M) | $101 | $109 | $113 | $116 | $116 | $112 | $113 | $118 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 8% |
| Agricultural | 24% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 7% |