Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.09 | 0.89% |
| Return on Equity (%) | ▲ | 5.72% | +0.30 | 5.42% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.26 | 3.79% |
| Efficiency Ratio (%) | ▲ | 67.38% | -0.48 | 67.85% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.70% | -0.09 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +3.90 | $109 |
| Gross Loans ($M) | ▼ | $74 | -1.91 | $76 |
| Loan Growth YoY (%) | ▼ | 82.53% | -5.48 | 88.01% |
| Total Deposits ($M) | ▲ | $89 | +3.28 | $86 |
| Shareholders Equity ($M) | ▲ | $19 | +1.46 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +1.46 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.85 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 82.53% | -5.48 | 88.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.01 | 0.08% |
| Allowance / Loans (%) | — | 1.38% | 0.11% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.01 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.90% | +2.87 | 25.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▅▆█ | Net Interest Margin (%) | 3.77% | 3.74% | 3.74% | 3.79% | 3.83% | 3.90% | 3.96% | 4.05% |
| ▄▃▁▄▃██▆ | Return on Assets (%) | 0.87% | 0.81% | 0.72% | 0.89% | 0.84% | 1.09% | 1.08% | 0.98% |
| ▅▇█▄▆▁▁▄ | Efficiency Ratio (%) | 68.9% | 70.3% | 72.0% | 67.9% | 69.2% | 64.4% | 64.9% | 67.4% |
| ▆▅▆▆█▃▂▁ | Cost of Funds (%) | 1.79% | 1.78% | 1.79% | 1.79% | 1.83% | 1.74% | 1.72% | 1.70% |
| ██▇▁▁▁▁▁ | NPA / Assets (%) | 0.17% | 0.17% | 0.16% | 0.08% | 0.08% | 0.08% | 0.07% | 0.07% |
| ██▇▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.23% | 0.23% | 0.21% | 0.12% | 0.12% | 0.11% | 0.11% | 0.11% |
| ▁▂▁▃▄▆██ | Tang. Book Value ($M) | $17 | $18 | $17 | $18 | $18 | $19 | $19 | $19 |
| ▅▆█▅▂▃▃▁ | Gross Loans ($M) | $76 | $77 | $78 | $76 | $75 | $75 | $75 | $74 |
| ▁▃▁▅▃▇██ | Total Deposits ($M) | $81 | $84 | $82 | $86 | $83 | $87 | $88 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 6% |
| Agricultural | 12% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 34% |