Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.02 | 1.43% |
| Return on Equity (%) | ▼ | 16.69% | -1.24 | 17.93% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.38 | 3.37% |
| Efficiency Ratio (%) | ▼ | 60.25% | +0.21 | 60.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▼ | 2.22% | +0.06 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $149 | +4.61 | $144 |
| Gross Loans ($M) | ▲ | $128 | +6.48 | $121 |
| Loan Growth YoY (%) | ▲ | 101.65% | +3.91 | 97.73% |
| Total Deposits ($M) | ▲ | $125 | +1.86 | $123 |
| Shareholders Equity ($M) | ▲ | $13 | +1.65 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.65 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 101.65% | +3.91 | 97.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.94% | -0.06 | 1.01% |
| Allowance / Loans (%) | — | 0.62% | -0.22% | 0.84% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.45 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.56% | +0.99 | 10.56% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▁▃▆▆█ | Net Interest Margin (%) | 3.33% | 3.38% | 3.45% | 3.37% | 3.48% | 3.61% | 3.64% | 3.75% |
| ▁▁▂█▆▇▆█ | Return on Assets (%) | 0.67% | 0.76% | 0.82% | 1.43% | 1.25% | 1.28% | 1.20% | 1.46% |
| ███▁▃▃▄▁ | Efficiency Ratio (%) | 70.7% | 70.8% | 70.1% | 60.0% | 63.3% | 63.3% | 64.6% | 60.2% |
| ▇█▃▁▅▅▃▂ | Cost of Funds (%) | 2.54% | 2.64% | 2.31% | 2.16% | 2.40% | 2.42% | 2.33% | 2.22% |
| █▃▃▁▁▁▂▁ | NPA / Assets (%) | 2.19% | 1.39% | 1.33% | 1.01% | 1.02% | 1.09% | 1.15% | 0.94% |
| █▄▂▂▂▂▂▁ | Net Charge-Off Ratio (%) | 2.52% | 1.23% | 0.47% | 0.45% | 0.45% | 0.44% | 0.43% | 0.00% |
| ▁▁▁▃▇▇▇█ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $12 | $13 | $13 | $13 |
| ▃▁▂▅▅▇██ | Gross Loans ($M) | $119 | $114 | $118 | $121 | $122 | $126 | $126 | $128 |
| ▂▁▁▆███▇ | Total Deposits ($M) | $116 | $114 | $114 | $123 | $127 | $127 | $128 | $125 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 5% |