Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.56% | +0.82 | 1.74% |
| Return on Equity (%) | ▲ | 16.12% | +3.91 | 12.21% |
| Net Interest Margin (%) | ▲ | 4.92% | +0.76 | 4.16% |
| Efficiency Ratio (%) | ▲ | 45.94% | -8.73 | 54.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.35 | $1 |
| Cost of Funds (%) | ▲ | 1.78% | -0.42 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $160 | +1.62 | $158 |
| Gross Loans ($M) | ▼ | $91 | -9.94 | $100 |
| Loan Growth YoY (%) | ▼ | 67.20% | -7.27 | 74.47% |
| Total Deposits ($M) | ▼ | $132 | -0.65 | $133 |
| Shareholders Equity ($M) | ▲ | $26 | +2.32 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +2.32 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.22 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 67.20% | -7.27 | 74.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.69% | -1.83 | 2.51% |
| Allowance / Loans (%) | — | 1.78% | 0.35% | 1.43% |
| Net Charge-Off Ratio (%) | ▲ | 1.01% | -2.74 | 3.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.97% | +3.01 | 23.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▄▃▃█ | Net Interest Margin (%) | 4.29% | 4.25% | 4.19% | 4.16% | 4.46% | 4.43% | 4.40% | 4.92% |
| ▂▂▁▃▆▅▂█ | Return on Assets (%) | 1.63% | 1.64% | 1.42% | 1.74% | 2.16% | 2.02% | 1.63% | 2.56% |
| ▆▆█▅▂▃▇▁ | Efficiency Ratio (%) | 57.0% | 57.0% | 61.3% | 54.7% | 49.1% | 51.1% | 59.2% | 45.9% |
| ▄▇█▆▃▃▃▁ | Cost of Funds (%) | 2.07% | 2.36% | 2.45% | 2.21% | 1.97% | 2.01% | 1.99% | 1.78% |
| █▇██▇▇▆▁ | NPA / Assets (%) | 2.51% | 2.21% | 2.34% | 2.51% | 2.11% | 2.12% | 2.01% | 0.69% |
| █▇██▇▇▇▁ | Net Charge-Off Ratio (%) | 3.80% | 3.33% | 3.80% | 3.75% | 3.23% | 3.12% | 3.21% | 1.01% |
| ▁▄▁▃▆█▆█ | Tang. Book Value ($M) | $22 | $24 | $22 | $23 | $25 | $26 | $25 | $26 |
| ▅█▄▆▆▅▁▁ | Gross Loans ($M) | $99 | $105 | $96 | $100 | $101 | $99 | $91 | $91 |
| ▁▄▄▅█▆▄▅ | Total Deposits ($M) | $126 | $131 | $131 | $133 | $138 | $134 | $132 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 26% |
| Agricultural | 24% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 17% |