Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.82% | -0.01 | 0.83% |
| Return on Equity (%) | ▼ | 8.43% | -0.74 | 9.17% |
| Net Interest Margin (%) | ▲ | 2.82% | +0.05 | 2.77% |
| Efficiency Ratio (%) | ▲ | 59.07% | -0.12 | 59.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 2.44% | -0.03 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $203 | +11.28 | $192 |
| Gross Loans ($M) | ▲ | $158 | +6.32 | $152 |
| Loan Growth YoY (%) | ▼ | 85.81% | -1.03 | 86.84% |
| Total Deposits ($M) | ▲ | $182 | +9.09 | $173 |
| Shareholders Equity ($M) | ▲ | $20 | +2.02 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.02 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +2.19 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 85.81% | -1.03 | 86.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.71% | +1.18 | 0.53% |
| Allowance / Loans (%) | — | 0.98% | 0.16% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 2.19% | +1.53 | 0.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.53% | +0.40 | 15.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃█▇███ | Net Interest Margin (%) | 2.38% | 2.42% | 2.52% | 2.77% | 2.72% | 2.78% | 2.82% | 2.82% |
| ▁▂▃█▇███ | Return on Assets (%) | 0.51% | 0.55% | 0.62% | 0.83% | 0.77% | 0.79% | 0.80% | 0.82% |
| ██▆▁▂▁▁▁ | Efficiency Ratio (%) | 70.5% | 69.5% | 66.8% | 59.2% | 60.4% | 59.3% | 58.9% | 59.1% |
| ▃▁▇█▆█▅▆ | Cost of Funds (%) | 2.40% | 2.37% | 2.45% | 2.47% | 2.44% | 2.47% | 2.42% | 2.44% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.48% | 0.47% | 0.63% | 0.53% | 1.80% | 1.82% | 1.72% | 1.71% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.63% | 0.60% | 0.78% | 0.67% | 2.29% | 2.30% | 2.25% | 2.19% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $16 | $17 | $17 | $18 | $18 | $19 | $20 | $20 |
| ▁▃▇▆▇▇▇█ | Gross Loans ($M) | $135 | $141 | $155 | $152 | $154 | $154 | $153 | $158 |
| ▁▁▃▅▇▅▇█ | Total Deposits ($M) | $161 | $159 | $167 | $173 | $177 | $173 | $179 | $182 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 15% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 16% |