Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.13 | 1.14% |
| Return on Equity (%) | ▼ | 7.75% | -0.43 | 8.18% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.26 | 3.24% |
| Efficiency Ratio (%) | ▲ | 54.33% | -1.64 | 55.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.15 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $169 | -3.27 | $173 |
| Gross Loans ($M) | ▲ | $95 | +2.71 | $92 |
| Loan Growth YoY (%) | ▲ | 68.76% | +3.48 | 65.28% |
| Total Deposits ($M) | ▼ | $136 | -3.01 | $140 |
| Shareholders Equity ($M) | ▲ | $28 | +3.45 | $24 |
| Tang. Book Value ($M) | ▲ | $27 | +3.45 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +3.66 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 68.76% | +3.48 | 65.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.17 | 0.17% |
| Allowance / Loans (%) | — | 1.23% | -0.12% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.31 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▄▆▆█ | Net Interest Margin (%) | 3.26% | 3.28% | 3.25% | 3.24% | 3.36% | 3.42% | 3.43% | 3.50% |
| ▃▃▃▁▁▂█▄ | Return on Assets (%) | 1.24% | 1.25% | 1.22% | 1.14% | 1.16% | 1.20% | 1.46% | 1.27% |
| ▁▁▂▇█▇▁▄ | Efficiency Ratio (%) | 52.2% | 52.2% | 52.9% | 56.0% | 57.0% | 56.2% | 52.1% | 54.3% |
| ▆█▅▃▃▂▁▁ | Cost of Funds (%) | 1.65% | 1.81% | 1.57% | 1.47% | 1.46% | 1.43% | 1.35% | 1.32% |
| ▇▇▇█▁▁▁▁ | NPA / Assets (%) | 0.14% | 0.14% | 0.14% | 0.17% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▇▇▇█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.26% | 0.27% | 0.27% | 0.31% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▄▅▆██ | Tang. Book Value ($M) | $21 | $23 | $23 | $24 | $24 | $25 | $27 | $27 |
| █▃▃▃▂▁▆▆ | Gross Loans ($M) | $98 | $93 | $92 | $92 | $91 | $90 | $95 | $95 |
| █▆▅▇▂▁▂▅ | Total Deposits ($M) | $142 | $139 | $137 | $140 | $132 | $130 | $132 | $136 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 8% |
| Agricultural | 22% |
| Consumer | 2% |
| Other | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 8% |