Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.87% | +0.55 | 1.32% |
| Return on Equity (%) | ▲ | 18.96% | +4.96 | 14.00% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.62 | 3.47% |
| Efficiency Ratio (%) | ▲ | 52.76% | -4.80 | 57.56% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.17% | -0.13 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +3.13 | $138 |
| Gross Loans ($M) | ▲ | $72 | +3.80 | $68 |
| Loan Growth YoY (%) | ▲ | 55.85% | +2.01 | 53.85% |
| Total Deposits ($M) | ▲ | $127 | +2.07 | $125 |
| Shareholders Equity ($M) | ▲ | $14 | +1.12 | $13 |
| Tang. Book Value ($M) | ▲ | $11 | +1.12 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.19 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 55.85% | +2.01 | 53.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.67% | -0.95 | 2.62% |
| Allowance / Loans (%) | — | 1.36% | 0.12% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 3.29% | -2.04 | 5.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.13% | +0.82 | 14.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▅▆▇█ | Net Interest Margin (%) | 3.41% | 3.38% | 3.45% | 3.47% | 3.83% | 3.89% | 3.97% | 4.09% |
| ▁▁▁▃▄▅▅█ | Return on Assets (%) | 1.12% | 1.12% | 1.16% | 1.32% | 1.43% | 1.53% | 1.52% | 1.87% |
| ███▄▅▃▂▁ | Efficiency Ratio (%) | 62.9% | 63.6% | 62.7% | 57.6% | 58.2% | 56.1% | 55.5% | 52.8% |
| ██▆▃▃▃▁▁ | Cost of Funds (%) | 1.62% | 1.64% | 1.48% | 1.30% | 1.33% | 1.33% | 1.21% | 1.17% |
| ▁▅▅█▅▄▄▄ | NPA / Assets (%) | 0.91% | 1.93% | 1.98% | 2.62% | 1.81% | 1.74% | 1.75% | 1.67% |
| ▁▅▅█▅▅▅▄ | Net Charge-Off Ratio (%) | 1.51% | 3.68% | 3.90% | 5.33% | 3.53% | 3.48% | 3.55% | 3.29% |
| ▁▃▄▄▅▇█▇ | Tang. Book Value ($M) | $8 | $9 | $10 | $10 | $10 | $11 | $11 | $11 |
| ▁▂▅▅▇▆██ | Gross Loans ($M) | $64 | $65 | $68 | $68 | $71 | $70 | $71 | $72 |
| ▁▁▃▅▅▆█▇ | Total Deposits ($M) | $117 | $117 | $120 | $125 | $124 | $125 | $130 | $127 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 24% |
| Agricultural | 22% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 3% |