Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.22 | 0.81% |
| Return on Equity (%) | ▲ | 14.15% | +0.03 | 14.12% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.15 | 4.10% |
| Efficiency Ratio (%) | ▼ | 63.59% | +1.92 | 61.67% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.26% | -0.20 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $154 | +2.85 | $151 |
| Gross Loans ($M) | ▼ | $86 | -0.46 | $87 |
| Loan Growth YoY (%) | ▼ | 60.27% | -1.98 | 62.25% |
| Total Deposits ($M) | ▲ | $142 | +3.69 | $138 |
| Shareholders Equity ($M) | ▲ | $11 | +1.77 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +1.77 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.67 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 60.27% | -1.98 | 62.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.18 | 0.12% |
| Allowance / Loans (%) | — | 1.21% | 0.06% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.33 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.48% | +1.01 | 15.48% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇▇▇█ | Net Interest Margin (%) | 3.81% | 3.84% | 3.87% | 4.10% | 4.18% | 4.18% | 4.15% | 4.25% |
| ▃▅▆▁▇██▆ | Return on Assets (%) | 0.89% | 0.98% | 1.02% | 0.81% | 1.04% | 1.11% | 1.10% | 1.03% |
| █▇▇▁▃▆█▄ | Efficiency Ratio (%) | 65.1% | 64.8% | 64.8% | 61.7% | 62.7% | 64.3% | 65.6% | 63.6% |
| ██▆▃▃▃▁▁ | Cost of Funds (%) | 1.75% | 1.82% | 1.64% | 1.46% | 1.45% | 1.43% | 1.29% | 1.26% |
| ▁▄▅▂▂▂▄█ | NPA / Assets (%) | 0.10% | 0.19% | 0.20% | 0.12% | 0.13% | 0.13% | 0.17% | 0.30% |
| ▁▄▅▁▂▂▄█ | Net Charge-Off Ratio (%) | 0.17% | 0.34% | 0.36% | 0.20% | 0.23% | 0.23% | 0.32% | 0.54% |
| ▁▆▁▃▅█▇▇ | Tang. Book Value ($M) | $8 | $10 | $8 | $9 | $10 | $12 | $11 | $11 |
| ▇██▇▆▄▁▇ | Gross Loans ($M) | $87 | $87 | $88 | $87 | $86 | $83 | $80 | $86 |
| ▆▁▇▆▄▁▆█ | Total Deposits ($M) | $137 | $129 | $139 | $138 | $135 | $130 | $138 | $142 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 17% |
| Agricultural | 23% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 12% |