Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.34 | 0.54% |
| Return on Equity (%) | ▲ | 9.34% | +3.40 | 5.94% |
| Net Interest Margin (%) | ▲ | 2.26% | +0.40 | 1.86% |
| Efficiency Ratio (%) | ▲ | 59.49% | -10.31 | 69.80% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.52 | $1 |
| Cost of Funds (%) | ▲ | 3.17% | -0.24 | 3.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $562 | +10.42 | $552 |
| Gross Loans ($M) | ▲ | $447 | +7.43 | $440 |
| Loan Growth YoY (%) | ▲ | 94.16% | +0.45 | 93.71% |
| Total Deposits ($M) | ▲ | $471 | +6.07 | $464 |
| Shareholders Equity ($M) | ▲ | $53 | +2.50 | $51 |
| Tang. Book Value ($M) | ▲ | $53 | +2.50 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +2.94 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 94.16% | +0.45 | 93.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.64 | 0.08% |
| Allowance / Loans (%) | — | 0.98% | -0.10% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.80 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▃▄█ | Net Interest Margin (%) | 1.82% | 1.83% | 1.87% | 1.86% | 1.92% | 1.95% | 2.02% | 2.26% |
| ▁▃▅▁▁▂▄█ | Return on Assets (%) | 0.57% | 0.63% | 0.73% | 0.54% | 0.58% | 0.61% | 0.68% | 0.89% |
| █▆▆██▇▄▁ | Efficiency Ratio (%) | 69.1% | 67.2% | 67.0% | 69.8% | 68.7% | 68.1% | 64.6% | 59.5% |
| ▄██▅▅▄▂▁ | Cost of Funds (%) | 3.35% | 3.58% | 3.61% | 3.41% | 3.40% | 3.36% | 3.27% | 3.17% |
| ▁▁▁▁▂▇▂█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.08% | 0.12% | 0.57% | 0.13% | 0.72% |
| ▁▁▁▁▂▇▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.10% | 0.16% | 0.73% | 0.17% | 0.90% |
| ▁▅▃▄▄▇█▇ | Tang. Book Value ($M) | $47 | $51 | $49 | $51 | $51 | $53 | $54 | $53 |
| ▁▅▆▆▁▃██ | Gross Loans ($M) | $425 | $438 | $440 | $440 | $423 | $431 | $449 | $447 |
| ▁▃▂▄▁▃█▆ | Total Deposits ($M) | $452 | $461 | $456 | $464 | $454 | $459 | $478 | $471 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 18% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 28% |