Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.26 | 0.95% |
| Return on Equity (%) | ▲ | 13.08% | +1.29 | 11.79% |
| Net Interest Margin (%) | ▲ | 2.64% | +0.46 | 2.18% |
| Efficiency Ratio (%) | ▲ | 44.75% | -4.41 | 49.16% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 2.20% | -0.23 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $295 | +3.63 | $291 |
| Gross Loans ($M) | ▲ | $213 | +8.34 | $205 |
| Loan Growth YoY (%) | ▼ | 80.62% | -0.39 | 81.02% |
| Total Deposits ($M) | ▲ | $261 | +11.36 | $250 |
| Shareholders Equity ($M) | ▲ | $27 | +3.17 | $24 |
| Tang. Book Value ($M) | ▲ | $27 | +3.17 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.84 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 80.62% | -0.39 | 81.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.40% | -0.13 | 0.53% |
| Allowance / Loans (%) | — | 1.21% | 0.03% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -0.39 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.75% | +0.52 | 14.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 1.62% | 1.67% | 1.76% | 2.18% | 2.20% | 2.28% | 2.35% | 2.64% |
| ▁▁▂▅▅▆▇█ | Return on Assets (%) | 0.57% | 0.62% | 0.65% | 0.95% | 0.93% | 1.04% | 1.06% | 1.22% |
| ███▂▃▂▃▁ | Efficiency Ratio (%) | 64.2% | 62.0% | 61.8% | 49.2% | 51.2% | 49.1% | 50.7% | 44.8% |
| ██▄▄▄▃▂▁ | Cost of Funds (%) | 2.80% | 2.80% | 2.47% | 2.43% | 2.48% | 2.41% | 2.28% | 2.20% |
| ▁▄▇█▅▄▅▅ | NPA / Assets (%) | 0.20% | 0.33% | 0.46% | 0.53% | 0.39% | 0.35% | 0.37% | 0.40% |
| ▁▄▇█▅▄▁▂ | Net Charge-Off Ratio (%) | 0.29% | 0.48% | 0.67% | 0.75% | 0.56% | 0.51% | 0.33% | 0.37% |
| ▁▄▃▅▅███ | Tang. Book Value ($M) | $20 | $23 | $23 | $24 | $25 | $27 | $27 | $27 |
| ▂▁▃▅▃▃▇█ | Gross Loans ($M) | $197 | $194 | $201 | $205 | $200 | $199 | $209 | $213 |
| ▁▃▄▅▄▇▇█ | Total Deposits ($M) | $235 | $243 | $246 | $250 | $247 | $255 | $255 | $261 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 8% |
| Agricultural | 26% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 12% |