Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.09% | +0.16 | 1.93% |
| Return on Equity (%) | ▲ | 17.23% | +1.18 | 16.05% |
| Net Interest Margin (%) | ▲ | 4.68% | +0.15 | 4.52% |
| Efficiency Ratio (%) | ▲ | 49.95% | -4.45 | 54.40% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 2.05% | -0.19 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $267 | +16.54 | $251 |
| Gross Loans ($M) | ▲ | $200 | +0.73 | $199 |
| Loan Growth YoY (%) | ▼ | 83.76% | -5.36 | 89.13% |
| Total Deposits ($M) | ▲ | $234 | +14.31 | $219 |
| Shareholders Equity ($M) | ▲ | $32 | +2.26 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +2.26 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 83.76% | -5.36 | 89.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.42% | +1.27 | 0.15% |
| Allowance / Loans (%) | — | 2.00% | 0.25% | 1.76% |
| Net Charge-Off Ratio (%) | ▼ | 1.90% | +1.72 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▁▂▂█▇▇█ | Net Interest Margin (%) | 4.64% | 4.50% | 4.53% | 4.52% | 4.66% | 4.65% | 4.64% | 4.68% |
| █▂▁▄▄▄▄█ | Return on Assets (%) | 2.07% | 1.82% | 1.78% | 1.93% | 1.93% | 1.91% | 1.90% | 2.09% |
| ▄▇█▅▄▃▅▁ | Efficiency Ratio (%) | 53.8% | 57.2% | 58.6% | 54.4% | 54.0% | 53.1% | 54.4% | 50.0% |
| ▁█▂▁▁▁▁▁ | Cost of Funds (%) | 2.08% | 3.89% | 2.41% | 2.24% | 2.21% | 2.17% | 2.17% | 2.05% |
| ▁▁▁▁▁██▇ | NPA / Assets (%) | 0.09% | 0.16% | 0.08% | 0.15% | 0.21% | 1.51% | 1.61% | 1.42% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.13% | 0.20% | 0.10% | 0.18% | 0.27% | 1.91% | 2.09% | 1.90% |
| ▁▆▇▇▇▇██ | Tang. Book Value ($M) | $20 | $29 | $30 | $30 | $30 | $31 | $32 | $32 |
| ▁▇██████ | Gross Loans ($M) | $138 | $195 | $197 | $199 | $199 | $202 | $203 | $200 |
| ▁▇▇▇▇▇██ | Total Deposits ($M) | $164 | $218 | $216 | $219 | $220 | $224 | $230 | $234 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 9% |
| Agricultural | 7% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 17% |