Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.06 | 1.16% |
| Return on Equity (%) | ▼ | 15.71% | -1.17 | 16.88% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.45 | 3.85% |
| Efficiency Ratio (%) | ▲ | 65.11% | -2.33 | 67.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.15 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $243 | +4.75 | $238 |
| Gross Loans ($M) | ▲ | $173 | +25.62 | $147 |
| Loan Growth YoY (%) | ▲ | 79.62% | +11.25 | 68.37% |
| Total Deposits ($M) | ▲ | $215 | +1.79 | $213 |
| Shareholders Equity ($M) | ▲ | $19 | +2.66 | $16 |
| Tang. Book Value ($M) | ▲ | $19 | +2.66 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +2.74 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 79.62% | +11.25 | 68.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.46% | +0.24 | 1.22% |
| Allowance / Loans (%) | — | 1.02% | -0.04% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 2.05% | +0.08 | 1.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.53% | -0.47 | 12.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂█▇▁▂▃▄▇ | Net Interest Margin (%) | 3.95% | 4.39% | 4.31% | 3.85% | 3.95% | 3.99% | 4.08% | 4.30% |
| ▄█▇▁▃▂▂▁ | Return on Assets (%) | 1.49% | 1.90% | 1.80% | 1.16% | 1.39% | 1.31% | 1.31% | 1.22% |
| ▅▁▁█▆▇▇▇ | Efficiency Ratio (%) | 62.6% | 57.3% | 58.1% | 67.4% | 64.0% | 65.9% | 65.5% | 65.1% |
| ▃▅█▄▄▄▃▁ | Cost of Funds (%) | 1.80% | 1.89% | 2.02% | 1.87% | 1.85% | 1.84% | 1.82% | 1.72% |
| ▃▁▁▆▄▅▂█ | NPA / Assets (%) | 0.85% | 0.60% | 0.56% | 1.22% | 0.90% | 1.07% | 0.76% | 1.46% |
| ▄▁▁█▅▆▃█ | Net Charge-Off Ratio (%) | 1.28% | 0.73% | 0.86% | 1.96% | 1.39% | 1.64% | 1.13% | 2.05% |
| ▁▄▂▃▄▆▇█ | Tang. Book Value ($M) | $15 | $17 | $16 | $16 | $17 | $18 | $18 | $19 |
| ▂▁▂▁▂▃▅█ | Gross Loans ($M) | $151 | $149 | $153 | $147 | $153 | $156 | $161 | $173 |
| ▁▇▂▇▅▇▆█ | Total Deposits ($M) | $206 | $214 | $208 | $213 | $212 | $214 | $212 | $215 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 16% |
| Agricultural | 11% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 8% |