Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.10% | +0.19 | 1.91% |
| Return on Equity (%) | ▲ | 19.15% | +0.81 | 18.34% |
| Net Interest Margin (%) | ▲ | 5.08% | +0.50 | 4.58% |
| Efficiency Ratio (%) | ▲ | 44.41% | -3.67 | 48.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.13% | -0.10 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $244 | +9.61 | $234 |
| Gross Loans ($M) | ▲ | $199 | +26.25 | $172 |
| Loan Growth YoY (%) | ▲ | 91.97% | +8.35 | 83.62% |
| Total Deposits ($M) | ▲ | $213 | +9.65 | $204 |
| Shareholders Equity ($M) | ▲ | $27 | +2.67 | $24 |
| Tang. Book Value ($M) | ▲ | $27 | +2.67 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 91.97% | +8.35 | 83.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.74% | -0.16 | 0.90% |
| Allowance / Loans (%) | — | 1.34% | 0.02% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.91% | -0.31 | 1.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇▇█ | Net Interest Margin (%) | 4.11% | 4.18% | 4.24% | 4.58% | 4.74% | 4.85% | 4.93% | 5.08% |
| ▁▁▂▇▇███ | Return on Assets (%) | 1.29% | 1.38% | 1.43% | 1.91% | 1.93% | 2.05% | 2.04% | 2.10% |
| █▇▇▄▃▂▁▁ | Efficiency Ratio (%) | 54.1% | 52.2% | 51.9% | 48.1% | 47.2% | 45.8% | 45.5% | 44.4% |
| ▃██▄▃▂▁▁ | Cost of Funds (%) | 1.23% | 1.37% | 1.38% | 1.23% | 1.21% | 1.18% | 1.16% | 1.13% |
| ▁▁▇█▆▆▁▃ | NPA / Assets (%) | 0.69% | 0.68% | 0.84% | 0.90% | 0.82% | 0.84% | 0.68% | 0.74% |
| ▂▁▇█▅▆▁▂ | Net Charge-Off Ratio (%) | 0.92% | 0.89% | 1.13% | 1.21% | 1.08% | 1.08% | 0.86% | 0.91% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $23 | $23 | $24 | $24 | $25 | $26 | $26 | $27 |
| ▁▂▁▂▄▅▇█ | Gross Loans ($M) | $165 | $170 | $169 | $172 | $178 | $185 | $192 | $199 |
| ▁▁▄▅▆▇██ | Total Deposits ($M) | $188 | $191 | $198 | $204 | $205 | $209 | $214 | $213 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 8% |
| Agricultural | 5% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 9% |