Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.19% | +0.60 | 1.59% |
| Return on Equity (%) | ▲ | 14.15% | +3.34 | 10.81% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.78 | 3.93% |
| Efficiency Ratio (%) | ▲ | 41.51% | -6.92 | 48.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.40 | $1 |
| Cost of Funds (%) | ▲ | 1.01% | -0.21 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $204 | +13.77 | $190 |
| Gross Loans ($M) | ▲ | $133 | +4.78 | $128 |
| Loan Growth YoY (%) | ▼ | 76.52% | -2.18 | 78.69% |
| Total Deposits ($M) | ▲ | $172 | +10.75 | $161 |
| Shareholders Equity ($M) | ▲ | $31 | +2.82 | $28 |
| Tang. Book Value ($M) | ▲ | $26 | +2.82 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.64 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 76.52% | -2.18 | 78.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.06 | 0.17% |
| Allowance / Loans (%) | — | 1.20% | 0.00% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.08 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.96% | +1.21 | 16.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▃▄█ | Net Interest Margin (%) | 3.78% | 3.74% | 3.74% | 3.93% | 3.98% | 4.05% | 4.11% | 4.71% |
| ▁▁▁▁▂▂▃█ | Return on Assets (%) | 1.59% | 1.55% | 1.52% | 1.59% | 1.62% | 1.67% | 1.74% | 2.19% |
| ▆▇███▇▅▁ | Efficiency Ratio (%) | 46.5% | 47.0% | 47.8% | 48.4% | 48.1% | 47.0% | 45.1% | 41.5% |
| ▄█▇▄▄▄▄▁ | Cost of Funds (%) | 1.21% | 1.45% | 1.37% | 1.21% | 1.21% | 1.20% | 1.20% | 1.01% |
| ▅█▄▂▄▃▂▁ | NPA / Assets (%) | 0.29% | 0.45% | 0.26% | 0.17% | 0.25% | 0.23% | 0.19% | 0.11% |
| ▅█▄▂▄▃▂▁ | Net Charge-Off Ratio (%) | 0.39% | 0.61% | 0.37% | 0.25% | 0.37% | 0.32% | 0.27% | 0.17% |
| ▁▃▃▄▅▆▇█ | Tang. Book Value ($M) | $21 | $22 | $22 | $23 | $24 | $25 | $25 | $26 |
| ▅█▅▁▁██▅ | Gross Loans ($M) | $134 | $139 | $133 | $128 | $127 | $138 | $139 | $133 |
| ▂▁▃▄▂▁▄█ | Total Deposits ($M) | $156 | $154 | $160 | $161 | $157 | $154 | $162 | $172 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 27% |
| C&I / Commercial | 13% |
| Agricultural | 58% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |