Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.73% | -0.13 | 1.86% |
| Return on Equity (%) | ▼ | 14.30% | -2.57 | 16.87% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.21 | 3.96% |
| Efficiency Ratio (%) | ▲ | 38.27% | -8.08 | 46.35% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $2 |
| Cost of Funds (%) | ▲ | 1.81% | -0.32 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $356 | +9.28 | $347 |
| Gross Loans ($M) | ▲ | $218 | +7.87 | $210 |
| Loan Growth YoY (%) | ▲ | 69.96% | +1.63 | 68.33% |
| Total Deposits ($M) | ▲ | $307 | +4.26 | $303 |
| Shareholders Equity ($M) | ▲ | $44 | +4.93 | $39 |
| Tang. Book Value ($M) | ▲ | $44 | +4.93 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $48 | +4.91 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 69.96% | +1.63 | 68.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.12 | 0.16% |
| Allowance / Loans (%) | — | 1.48% | -0.08% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.19 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▂▃▆▇██ | Net Interest Margin (%) | 3.97% | 3.88% | 3.95% | 3.96% | 4.07% | 4.12% | 4.14% | 4.17% |
| ▂▁▃█▆▆▇▆ | Return on Assets (%) | 1.48% | 1.40% | 1.51% | 1.86% | 1.70% | 1.72% | 1.80% | 1.73% |
| ██▇▇▆▆▅▁ | Efficiency Ratio (%) | 47.7% | 49.0% | 47.3% | 46.3% | 45.4% | 45.1% | 44.3% | 38.3% |
| ██▇▅▃▃▂▁ | Cost of Funds (%) | 2.40% | 2.41% | 2.29% | 2.14% | 2.02% | 2.03% | 1.89% | 1.81% |
| ▄█▅▂▁▁▁▃ | NPA / Assets (%) | 0.41% | 0.83% | 0.51% | 0.16% | 0.11% | 0.09% | 0.03% | 0.28% |
| ██▂▃▂▂▁▆ | Net Charge-Off Ratio (%) | 0.65% | 0.69% | 0.17% | 0.26% | 0.19% | 0.14% | 0.05% | 0.46% |
| ▁▄▂▄▄▇▇█ | Tang. Book Value ($M) | $36 | $39 | $37 | $39 | $40 | $43 | $43 | $44 |
| ▁▂▃▁▂▄█▅ | Gross Loans ($M) | $209 | $211 | $214 | $210 | $212 | $217 | $228 | $218 |
| ▁▂▅▅▆▆█▆ | Total Deposits ($M) | $287 | $293 | $306 | $303 | $308 | $308 | $318 | $307 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 18% |
| Agricultural | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 11% |