Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.18 | 0.90% |
| Return on Equity (%) | ▲ | 13.37% | +1.31 | 12.06% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.12 | 3.76% |
| Efficiency Ratio (%) | ▲ | 65.01% | -5.12 | 70.13% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 1.29% | -0.09 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $384 | +2.67 | $381 |
| Gross Loans ($M) | ▲ | $294 | +0.73 | $293 |
| Loan Growth YoY (%) | ▼ | 85.38% | -0.49 | 85.87% |
| Total Deposits ($M) | ▲ | $342 | +2.71 | $340 |
| Shareholders Equity ($M) | ▲ | $31 | +3.05 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +3.06 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.12 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 85.38% | -0.49 | 85.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.16 | 0.22% |
| Allowance / Loans (%) | — | 0.63% | 0.02% | 0.61% |
| Net Charge-Off Ratio (%) | ▼ | 0.50% | +0.21 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.03% | +0.83 | 13.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▅▆▇█ | Net Interest Margin (%) | 3.49% | 3.51% | 3.54% | 3.76% | 3.72% | 3.78% | 3.79% | 3.88% |
| ▁▁▁▃▄▅▄█ | Return on Assets (%) | 0.84% | 0.84% | 0.81% | 0.90% | 0.92% | 0.96% | 0.91% | 1.07% |
| ▇▇█▇▆▄▆▁ | Efficiency Ratio (%) | 69.9% | 70.0% | 71.4% | 70.1% | 69.2% | 68.0% | 69.6% | 65.0% |
| ▁▅▇▆██▂▁ | Cost of Funds (%) | 1.29% | 1.35% | 1.39% | 1.37% | 1.42% | 1.40% | 1.32% | 1.29% |
| █▂▂▁▆▇▇▇ | NPA / Assets (%) | 0.43% | 0.26% | 0.26% | 0.22% | 0.37% | 0.39% | 0.40% | 0.39% |
| █▁▁▁▆▇█▇ | Net Charge-Off Ratio (%) | 0.54% | 0.32% | 0.32% | 0.29% | 0.47% | 0.50% | 0.53% | 0.50% |
| ▁▄▁▃▄▇██ | Tang. Book Value ($M) | $25 | $27 | $25 | $27 | $27 | $29 | $29 | $30 |
| ▁▂▂▄▆█▇▅ | Gross Loans ($M) | $291 | $292 | $292 | $293 | $295 | $297 | $296 | $294 |
| ▁▁▁▅▄▁█▆ | Total Deposits ($M) | $328 | $325 | $329 | $340 | $336 | $328 | $352 | $342 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 2% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 6% |