Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.16 | 1.27% |
| Return on Equity (%) | ▲ | 13.40% | +1.84 | 11.56% |
| Net Interest Margin (%) | ▼ | 4.67% | -0.06 | 4.73% |
| Efficiency Ratio (%) | ▲ | 59.67% | -3.25 | 62.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.13 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $192 | +22.80 | $170 |
| Gross Loans ($M) | ▲ | $98 | +7.76 | $90 |
| Loan Growth YoY (%) | ▼ | 56.46% | -2.75 | 59.21% |
| Total Deposits ($M) | ▲ | $171 | +20.77 | $150 |
| Shareholders Equity ($M) | ▲ | $21 | +1.82 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +1.82 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.46 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 56.46% | -2.75 | 59.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.44% | -0.46 | 0.90% |
| Allowance / Loans (%) | — | 1.55% | 0.05% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.83% | -0.35 | 1.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▆███▅ | Net Interest Margin (%) | 4.40% | 4.47% | 4.48% | 4.73% | 4.81% | 4.85% | 4.80% | 4.67% |
| ▁▁▂▅▆▆▆█ | Return on Assets (%) | 1.05% | 1.08% | 1.11% | 1.27% | 1.31% | 1.33% | 1.31% | 1.42% |
| ██▇▄▃▃▃▁ | Efficiency Ratio (%) | 67.2% | 66.9% | 65.9% | 62.9% | 62.5% | 62.3% | 62.0% | 59.7% |
| ▇█▅▄▃▄▁▂ | Cost of Funds (%) | 1.66% | 1.76% | 1.57% | 1.52% | 1.45% | 1.50% | 1.33% | 1.40% |
| ▃▆█▆▅▃▁▁ | NPA / Assets (%) | 0.70% | 0.92% | 1.17% | 0.90% | 0.85% | 0.68% | 0.52% | 0.44% |
| ▅▄█▄▄▁▁▂ | Net Charge-Off Ratio (%) | 1.21% | 1.17% | 1.72% | 1.18% | 1.07% | 0.73% | 0.65% | 0.83% |
| ▁▃▂▄▅▇▇█ | Tang. Book Value ($M) | $18 | $19 | $18 | $19 | $19 | $20 | $20 | $21 |
| ▃▁▁▃▆▇██ | Gross Loans ($M) | $91 | $88 | $89 | $90 | $95 | $97 | $97 | $98 |
| ▃▁▂▂▃▂██ | Total Deposits ($M) | $152 | $145 | $149 | $150 | $154 | $150 | $170 | $171 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 18% |
| Agricultural | 1% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 7% |