Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.01 | 1.70% |
| Return on Equity (%) | ▼ | 14.39% | -2.15 | 16.54% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.30 | 4.04% |
| Efficiency Ratio (%) | ▼ | 58.34% | +0.76 | 57.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.39% | -0.29 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $281 | +1.10 | $279 |
| Gross Loans ($M) | ▼ | $220 | -5.33 | $225 |
| Loan Growth YoY (%) | ▼ | 93.63% | -8.66 | 102.30% |
| Total Deposits ($M) | ▲ | $232 | +14.29 | $218 |
| Shareholders Equity ($M) | ▲ | $34 | +3.51 | $30 |
| Tang. Book Value ($M) | ▲ | $34 | +3.51 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +3.52 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 93.63% | -8.66 | 102.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.20% | 0.09% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.39% | +15.39 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▁▄▅▆█ | Net Interest Margin (%) | 4.08% | 4.06% | 4.00% | 4.04% | 4.14% | 4.18% | 4.22% | 4.34% |
| ▇▃▃▃█▁▆▃ | Return on Assets (%) | 1.79% | 1.70% | 1.70% | 1.70% | 1.81% | 1.65% | 1.75% | 1.71% |
| ▁▅▃▇▃▆▃█ | Efficiency Ratio (%) | 55.1% | 56.8% | 56.3% | 57.6% | 56.1% | 57.3% | 56.0% | 58.3% |
| ▄██▅▄▄▂▁ | Cost of Funds (%) | 1.65% | 1.87% | 1.94% | 1.67% | 1.60% | 1.66% | 1.48% | 1.39% |
| █▆▁▁▇▁▁▁ | NPA / Assets (%) | 0.12% | 0.09% | 0.01% | 0.01% | 0.10% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▇▁▁▁ | Net Charge-Off Ratio (%) | 0.15% | 0.02% | 0.01% | 0.01% | 0.12% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▃▅▆██ | Tang. Book Value ($M) | $28 | $30 | $29 | $30 | $31 | $32 | $34 | $34 |
| ▃▂█▃▂▃▂▁ | Gross Loans ($M) | $225 | $223 | $235 | $225 | $222 | $225 | $222 | $220 |
| ▅▅▅▁▄▆█▇ | Total Deposits ($M) | $229 | $227 | $228 | $218 | $226 | $230 | $236 | $232 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 12% |
| Agricultural | 22% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |