Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.87% | +0.18 | 1.69% |
| Return on Equity (%) | ▼ | 13.67% | -0.41 | 14.08% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.23 | 3.88% |
| Efficiency Ratio (%) | ▲ | 57.74% | -0.96 | 58.70% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.13% | -0.17 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $123 | -3.29 | $127 |
| Gross Loans ($M) | ▲ | $61 | +0.03 | $61 |
| Loan Growth YoY (%) | ▲ | 56.26% | +2.31 | 53.95% |
| Total Deposits ($M) | ▼ | $106 | -4.50 | $111 |
| Shareholders Equity ($M) | ▲ | $17 | +1.49 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.49 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.55 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 56.26% | +2.31 | 53.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.10 | 0.16% |
| Allowance / Loans (%) | — | 1.46% | -0.01% | 1.46% |
| Net Charge-Off Ratio (%) | ▲ | 0.12% | -0.22 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▄▆▇▇█ | Net Interest Margin (%) | 3.69% | 3.78% | 3.77% | 3.88% | 3.99% | 4.03% | 4.06% | 4.12% |
| ▁▁▁▄▇▆▆█ | Return on Assets (%) | 1.55% | 1.55% | 1.54% | 1.69% | 1.81% | 1.78% | 1.76% | 1.87% |
| ▇██▃▁▂▄▁ | Efficiency Ratio (%) | 61.4% | 61.9% | 62.1% | 58.7% | 57.4% | 58.5% | 59.2% | 57.7% |
| █▆▂▆▅▃▂▁ | Cost of Funds (%) | 1.40% | 1.33% | 1.17% | 1.30% | 1.29% | 1.20% | 1.18% | 1.13% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 1.88% | 0.07% | 0.22% | 0.16% | 0.12% | 0.15% | 0.07% | 0.06% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 3.59% | 0.13% | 0.42% | 0.33% | 0.22% | 0.26% | 0.12% | 0.12% |
| ▁▃▃▄▄▆██ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $15 | $16 | $16 | $17 |
| ▁▂▄▁▃█▆▁ | Gross Loans ($M) | $61 | $61 | $63 | $61 | $62 | $66 | $64 | $61 |
| ▄▂▆█▄▁▄▆ | Total Deposits ($M) | $103 | $99 | $106 | $111 | $103 | $96 | $102 | $106 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 6% |
| Agricultural | 5% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 17% |