Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.11 | 1.37% |
| Return on Equity (%) | ▼ | 11.91% | -1.06 | 12.97% |
| Net Interest Margin (%) | ▼ | 3.92% | -0.23 | 4.15% |
| Efficiency Ratio (%) | ▲ | 55.10% | -2.64 | 57.74% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.51% | -0.19 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $194 | +12.48 | $181 |
| Gross Loans ($M) | ▲ | $115 | +19.66 | $96 |
| Loan Growth YoY (%) | ▲ | 66.02% | +7.52 | 58.50% |
| Total Deposits ($M) | ▲ | $172 | +11.16 | $161 |
| Shareholders Equity ($M) | ▲ | $20 | +1.27 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.27 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 66.02% | +7.52 | 58.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.04% | +2.99 | 0.06% |
| Allowance / Loans (%) | — | 1.52% | -0.13% | 1.65% |
| Net Charge-Off Ratio (%) | ▼ | 5.10% | +5.00 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.33% | -1.73 | 23.06% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▄▄▁▂▁ | Net Interest Margin (%) | 4.40% | 4.29% | 4.23% | 4.15% | 4.14% | 3.93% | 4.04% | 3.92% |
| ██▇▇▆▁▃▅ | Return on Assets (%) | 1.53% | 1.46% | 1.41% | 1.37% | 1.33% | 0.80% | 1.06% | 1.26% |
| ▂▄▅▅▄█▄▁ | Efficiency Ratio (%) | 55.8% | 57.4% | 57.8% | 57.7% | 57.4% | 59.9% | 56.9% | 55.1% |
| ▅█▆▄▃▄▃▁ | Cost of Funds (%) | 1.72% | 1.91% | 1.81% | 1.69% | 1.64% | 1.70% | 1.65% | 1.51% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.03% | 0.07% | 0.06% | 0.06% | 0.00% | 0.01% | 2.71% | 3.04% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.05% | 0.13% | 0.12% | 0.11% | 0.00% | 0.01% | 4.70% | 5.10% |
| ▁▂▃▅▇▅▇█ | Tang. Book Value ($M) | $18 | $18 | $19 | $19 | $20 | $19 | $20 | $20 |
| ▁▂▁▂▄▄▆█ | Gross Loans ($M) | $92 | $96 | $94 | $96 | $102 | $104 | $109 | $115 |
| ▁▁▄▅██▇█ | Total Deposits ($M) | $143 | $143 | $157 | $161 | $170 | $172 | $168 | $172 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 10% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 11% |