Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.17% | +0.32 | 1.86% |
| Return on Equity (%) | ▲ | 8.52% | +0.13 | 8.39% |
| Net Interest Margin (%) | ▲ | 4.92% | +0.67 | 4.25% |
| Efficiency Ratio (%) | ▲ | 42.14% | -2.31 | 44.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 1.02% | -0.26 | 1.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $115 | -3.14 | $118 |
| Gross Loans ($M) | ▲ | $82 | +2.67 | $79 |
| Loan Growth YoY (%) | ▲ | 93.85% | +8.81 | 85.04% |
| Total Deposits ($M) | ▼ | $85 | -5.67 | $91 |
| Shareholders Equity ($M) | ▲ | $29 | +2.51 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +2.51 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 93.85% | +8.81 | 85.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.78% | -1.62 | 3.40% |
| Allowance / Loans (%) | — | 2.26% | -0.08% | 2.34% |
| Net Charge-Off Ratio (%) | ▲ | 2.51% | -2.57 | 5.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -30.54 | 30.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▃▁▂▃▄█ | Net Interest Margin (%) | 4.55% | 4.46% | 4.42% | 4.25% | 4.35% | 4.44% | 4.55% | 4.92% |
| ▃▂▁▁▂▄▅█ | Return on Assets (%) | 1.94% | 1.90% | 1.88% | 1.86% | 1.93% | 1.99% | 2.03% | 2.17% |
| ▇▇█▇▂▁▂▂ | Efficiency Ratio (%) | 44.2% | 44.2% | 45.0% | 44.5% | 42.3% | 41.7% | 42.4% | 42.1% |
| ▆▆█▆█▅▄▁ | Cost of Funds (%) | 1.26% | 1.27% | 1.38% | 1.28% | 1.34% | 1.22% | 1.18% | 1.02% |
| ▁▁▁▇█▃▂▂ | NPA / Assets (%) | 1.44% | 1.22% | 1.35% | 3.40% | 4.06% | 2.28% | 1.79% | 1.78% |
| ▁▁▁▇█▃▂▂ | Net Charge-Off Ratio (%) | 2.09% | 1.87% | 2.20% | 5.08% | 6.02% | 3.38% | 2.53% | 2.51% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $25 | $26 | $26 | $27 | $27 | $28 | $29 | $29 |
| ▅▆▁▅▆▆▇█ | Gross Loans ($M) | $78 | $79 | $75 | $79 | $79 | $80 | $80 | $82 |
| ▄██▅▅▄▁▁ | Total Deposits ($M) | $89 | $95 | $95 | $91 | $90 | $89 | $84 | $85 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 17% |
| Agricultural | 23% |
| Consumer | 1% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |