Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.26 | 0.90% |
| Return on Equity (%) | ▲ | 14.85% | +0.02 | 14.83% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.74 | 3.42% |
| Efficiency Ratio (%) | ▲ | 68.32% | -4.78 | 73.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 0.97% | -0.10 | 1.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $238 | -4.91 | $243 |
| Gross Loans ($M) | ▲ | $136 | +12.19 | $123 |
| Loan Growth YoY (%) | ▲ | 61.84% | +7.84 | 54.00% |
| Total Deposits ($M) | ▼ | $217 | -9.04 | $226 |
| Shareholders Equity ($M) | ▲ | $19 | +3.65 | $15 |
| Tang. Book Value ($M) | ▲ | $19 | +3.65 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +3.29 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 61.84% | +7.84 | 54.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.11 | 0.32% |
| Allowance / Loans (%) | — | 1.03% | -0.04% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.63 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.28% | +0.08 | 16.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 3.26% | 3.29% | 3.32% | 3.42% | 3.59% | 3.70% | 3.79% | 4.17% |
| ▁▁▂▁▇██▆ | Return on Assets (%) | 0.90% | 0.88% | 0.95% | 0.90% | 1.23% | 1.30% | 1.25% | 1.16% |
| ▆▆▅█▁▁▁▄ | Efficiency Ratio (%) | 70.8% | 70.9% | 69.5% | 73.1% | 66.0% | 65.0% | 65.2% | 68.3% |
| ▇█▇▅▅▅▂▁ | Cost of Funds (%) | 1.10% | 1.13% | 1.10% | 1.07% | 1.05% | 1.06% | 1.00% | 0.97% |
| ▂█▇▄▁▁▁▁ | NPA / Assets (%) | 0.26% | 0.46% | 0.41% | 0.32% | 0.21% | 0.21% | 0.20% | 0.21% |
| ▅█▇▆▄▁▁▁ | Net Charge-Off Ratio (%) | 0.52% | 0.90% | 0.79% | 0.63% | 0.40% | 0.01% | 0.00% | 0.00% |
| ▁▄▃▄▅▇██ | Tang. Book Value ($M) | $12 | $15 | $14 | $15 | $16 | $18 | $19 | $19 |
| ▁▂▃▃▄▆██ | Gross Loans ($M) | $119 | $122 | $124 | $123 | $127 | $130 | $135 | $136 |
| ▁▇███▇█▁ | Total Deposits ($M) | $217 | $224 | $226 | $226 | $225 | $224 | $226 | $217 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 19% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 4% |