Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.84% | -0.31 | 2.15% |
| Return on Equity (%) | ▼ | 20.16% | -2.75 | 22.91% |
| Net Interest Margin (%) | ▲ | 5.36% | +0.06 | 5.30% |
| Efficiency Ratio (%) | ▼ | 54.25% | +3.35 | 50.90% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.13 | $2 |
| Cost of Funds (%) | ▲ | 1.30% | -0.05 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $297 | +26.09 | $271 |
| Gross Loans ($M) | ▲ | $248 | +19.09 | $229 |
| Loan Growth YoY (%) | ▼ | 91.62% | -1.83 | 93.45% |
| Total Deposits ($M) | ▲ | $266 | +25.83 | $241 |
| Shareholders Equity ($M) | ▲ | $26 | +1.09 | $25 |
| Tang. Book Value ($M) | ▲ | $26 | +1.09 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 91.62% | -1.83 | 93.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -1.08 | 1.22% |
| Allowance / Loans (%) | — | 1.53% | -0.20% | 1.73% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -1.28 | 1.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▆▇█▇ | Net Interest Margin (%) | 5.01% | 5.10% | 5.19% | 5.30% | 5.35% | 5.40% | 5.47% | 5.36% |
| ▂▂▁█▇▅▅▃ | Return on Assets (%) | 1.80% | 1.81% | 1.71% | 2.15% | 2.04% | 1.98% | 1.96% | 1.84% |
| ▄▄█▂▄▄▁▆ | Efficiency Ratio (%) | 52.2% | 52.2% | 55.9% | 50.9% | 52.1% | 52.3% | 49.7% | 54.2% |
| ▄█▅▃▅▅▅▁ | Cost of Funds (%) | 1.40% | 1.51% | 1.41% | 1.36% | 1.41% | 1.43% | 1.42% | 1.30% |
| ▇█▇▇▇▇▃▁ | NPA / Assets (%) | 1.22% | 1.49% | 1.22% | 1.22% | 1.26% | 1.20% | 0.54% | 0.14% |
| ▇█▇▇▇▇▁▁ | Net Charge-Off Ratio (%) | 1.51% | 1.77% | 1.46% | 1.45% | 1.53% | 1.43% | 0.00% | 0.17% |
| ▁▁▁▃▄▅▇█ | Tang. Book Value ($M) | $24 | $24 | $24 | $25 | $25 | $25 | $25 | $26 |
| ▁▁▂▄▄▅▇█ | Gross Loans ($M) | $215 | $219 | $221 | $229 | $229 | $232 | $241 | $248 |
| ▂▁▂▃▄▄▄█ | Total Deposits ($M) | $237 | $231 | $236 | $241 | $247 | $246 | $247 | $266 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 5% |
| Agricultural | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 7% |