Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.51 | 0.66% |
| Return on Equity (%) | ▲ | 12.22% | +5.11 | 7.11% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.32 | 3.83% |
| Efficiency Ratio (%) | ▲ | 59.42% | -6.59 | 66.01% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.66 | $2 |
| Cost of Funds (%) | ▲ | 2.69% | -0.23 | 2.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $588 | +46.32 | $542 |
| Gross Loans ($M) | ▲ | $513 | +34.71 | $479 |
| Loan Growth YoY (%) | ▼ | 111.59% | -0.06 | 111.65% |
| Total Deposits ($M) | ▲ | $456 | +30.77 | $425 |
| Shareholders Equity ($M) | ▲ | $59 | +9.14 | $50 |
| Tang. Book Value ($M) | ▲ | $59 | +9.14 | $50 |
| Loan / Deposit Ratio (%) | ▼ | 111.59% | -0.06 | 111.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.44% | -0.43 | 0.87% |
| Allowance / Loans (%) | — | 0.93% | 0.07% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.48% | -0.50 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 3.60% | 3.62% | 3.67% | 3.83% | 3.93% | 3.99% | 4.02% | 4.16% |
| ███▁▃▅▅█ | Return on Assets (%) | 1.13% | 1.11% | 1.16% | 0.66% | 0.83% | 0.95% | 0.97% | 1.17% |
| ████▆▄▄▁ | Efficiency Ratio (%) | 66.5% | 66.7% | 65.9% | 66.0% | 64.0% | 62.5% | 62.9% | 59.4% |
| ██▇▄▃▂▂▁ | Cost of Funds (%) | 3.25% | 3.27% | 3.19% | 2.92% | 2.88% | 2.83% | 2.82% | 2.69% |
| ▃▅▅▃▅█▁▁ | NPA / Assets (%) | 0.99% | 1.48% | 1.46% | 0.87% | 1.45% | 2.14% | 0.54% | 0.44% |
| ▃▅▅▃▅█▁▁ | Net Charge-Off Ratio (%) | 1.11% | 1.67% | 1.63% | 0.99% | 1.65% | 2.44% | 0.58% | 0.48% |
| ▁▁▂▂▂▃▄█ | Tang. Book Value ($M) | $48 | $49 | $50 | $50 | $51 | $52 | $53 | $59 |
| ▂▁▁▃▂▄██ | Gross Loans ($M) | $475 | $466 | $468 | $479 | $475 | $485 | $516 | $513 |
| ▁▁▁▃▅▅██ | Total Deposits ($M) | $405 | $412 | $412 | $425 | $435 | $437 | $458 | $456 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 4% |
| Agricultural | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 14% |