Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.83% | +0.11 | 1.72% |
| Return on Equity (%) | ▲ | 19.11% | +0.58 | 18.53% |
| Net Interest Margin (%) | ▼ | 3.85% | -0.26 | 4.11% |
| Efficiency Ratio (%) | ▲ | 50.31% | -5.98 | 56.29% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.89% | -0.34 | 2.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $156 | +13.92 | $142 |
| Gross Loans ($M) | ▼ | $105 | -5.55 | $110 |
| Loan Growth YoY (%) | ▼ | 72.97% | -11.53 | 84.50% |
| Total Deposits ($M) | ▲ | $141 | +12.83 | $128 |
| Shareholders Equity ($M) | ▲ | $14 | +1.10 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.10 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 72.97% | -11.53 | 84.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -0.05 | 0.73% |
| Allowance / Loans (%) | — | 1.79% | -0.05% | 1.85% |
| Net Charge-Off Ratio (%) | ▼ | 1.01% | +0.08 | 0.94% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.40% | +1.38 | 14.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂████▅ | Net Interest Margin (%) | 3.47% | 3.53% | 3.57% | 4.11% | 4.07% | 4.09% | 4.09% | 3.85% |
| ▅▅▁█▇█▂█ | Return on Assets (%) | 1.30% | 1.26% | 0.63% | 1.72% | 1.61% | 1.68% | 0.84% | 1.83% |
| ▃▃█▂▃▂▇▁ | Efficiency Ratio (%) | 59.3% | 61.0% | 78.8% | 56.3% | 57.9% | 56.3% | 74.7% | 50.3% |
| ███▅▅▅▃▁ | Cost of Funds (%) | 2.49% | 2.52% | 2.44% | 2.23% | 2.25% | 2.26% | 2.11% | 1.89% |
| ▆█▅▁▁▁▁▁ | NPA / Assets (%) | 0.95% | 1.11% | 0.94% | 0.73% | 0.71% | 0.72% | 0.72% | 0.68% |
| ▅█▅▁▁▁▁▂ | Net Charge-Off Ratio (%) | 1.21% | 1.43% | 1.22% | 0.94% | 0.91% | 0.91% | 0.97% | 1.01% |
| ▁▃▁▄▅█▆█ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $14 | $14 |
| ▄▂▁▇██▁▁ | Gross Loans ($M) | $108 | $106 | $105 | $110 | $111 | $112 | $105 | $105 |
| ▁▁▁▃▃▂▃█ | Total Deposits ($M) | $124 | $122 | $124 | $128 | $128 | $126 | $127 | $141 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 29% |
| Agricultural | 20% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 7% |