Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.25 | 1.16% |
| Return on Equity (%) | ▲ | 11.08% | +1.35 | 9.73% |
| Net Interest Margin (%) | ▲ | 2.71% | +0.31 | 2.41% |
| Efficiency Ratio (%) | ▲ | 51.44% | -5.15 | 56.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.26 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $205 | +6.02 | $199 |
| Gross Loans ($M) | ▼ | $75 | -0.38 | $75 |
| Loan Growth YoY (%) | ▼ | 41.59% | -1.26 | 42.85% |
| Total Deposits ($M) | ▲ | $176 | +4.41 | $172 |
| Shareholders Equity ($M) | ▲ | $26 | +1.79 | $25 |
| Tang. Book Value ($M) | ▲ | $26 | +1.79 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +2.31 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 41.59% | -1.26 | 42.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.13 | 0.21% |
| Allowance / Loans (%) | — | 2.36% | -0.04% | 2.40% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -0.33 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 38.62% | +1.74 | 36.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▄▁▄▅▅█ | Net Interest Margin (%) | 2.70% | 2.64% | 2.56% | 2.41% | 2.54% | 2.60% | 2.58% | 2.71% |
| ▃▁▁▂▄▃▂█ | Return on Assets (%) | 1.18% | 1.13% | 1.11% | 1.16% | 1.23% | 1.20% | 1.15% | 1.41% |
| ▇██▆▅▇█▁ | Efficiency Ratio (%) | 58.2% | 59.3% | 59.4% | 56.6% | 55.6% | 57.7% | 58.6% | 51.4% |
| ▂█▃▆▆▆▁▁ | Cost of Funds (%) | 1.59% | 1.93% | 1.66% | 1.80% | 1.79% | 1.82% | 1.51% | 1.55% |
| ▂▅▅▄█▇▂▁ | NPA / Assets (%) | 0.12% | 0.24% | 0.23% | 0.21% | 0.35% | 0.29% | 0.12% | 0.09% |
| ▃▅▆▅█▆▁▂ | Net Charge-Off Ratio (%) | 0.32% | 0.61% | 0.67% | 0.56% | 0.94% | 0.72% | 0.07% | 0.23% |
| ▁▅▂▄▆███ | Tang. Book Value ($M) | $23 | $25 | $23 | $25 | $25 | $26 | $26 | $26 |
| ▆▁▁█▁▄█▇ | Gross Loans ($M) | $74 | $72 | $72 | $75 | $72 | $73 | $76 | $75 |
| ▂▁█▆▃▁█▇ | Total Deposits ($M) | $163 | $158 | $179 | $172 | $166 | $158 | $180 | $176 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 10% |
| Agricultural | 23% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |