Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.18 | 0.80% |
| Return on Equity (%) | ▲ | 13.22% | +0.30 | 12.92% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.10 | 3.93% |
| Efficiency Ratio (%) | ▲ | 69.69% | -5.26 | 74.95% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.17% | -0.19 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $267 | +7.88 | $259 |
| Gross Loans ($M) | ▲ | $156 | +11.14 | $145 |
| Loan Growth YoY (%) | ▲ | 79.11% | +5.97 | 73.14% |
| Total Deposits ($M) | ▼ | $195 | -1.09 | $196 |
| Shareholders Equity ($M) | ▲ | $20 | +3.25 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +3.25 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.94 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 79.11% | +5.97 | 73.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.38 | 0.80% |
| Allowance / Loans (%) | — | 1.33% | 0.10% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.72% | -0.71 | 1.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.95 | 13.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█▆▆▇█ | Net Interest Margin (%) | 3.19% | 3.25% | 3.33% | 3.93% | 3.81% | 3.76% | 3.83% | 4.02% |
| ▄▄▁▇▇▆▅█ | Return on Assets (%) | 0.45% | 0.50% | 0.06% | 0.80% | 0.76% | 0.66% | 0.62% | 0.98% |
| █▇█▄▄▆▆▁ | Efficiency Ratio (%) | 81.1% | 80.6% | 82.6% | 75.0% | 75.3% | 78.3% | 78.1% | 69.7% |
| ██▆▅▆▆▃▁ | Cost of Funds (%) | 1.54% | 1.54% | 1.40% | 1.36% | 1.40% | 1.42% | 1.28% | 1.17% |
| ██▃▃▄▄▁▁ | NPA / Assets (%) | 1.64% | 1.52% | 0.78% | 0.80% | 0.99% | 0.91% | 0.34% | 0.42% |
| ██▃▄▃▂▁▁ | Net Charge-Off Ratio (%) | 2.78% | 2.63% | 1.38% | 1.43% | 1.27% | 1.12% | 0.57% | 0.72% |
| ▁▅▁▃▄▆██ | Tang. Book Value ($M) | $14 | $16 | $14 | $15 | $16 | $17 | $18 | $19 |
| ▄▄▂▁▆▇█▇ | Gross Loans ($M) | $152 | $151 | $148 | $145 | $155 | $158 | $160 | $156 |
| ▂▆█▇▁▁▆▆ | Total Deposits ($M) | $189 | $195 | $198 | $196 | $188 | $187 | $195 | $195 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 8% |
| Agricultural | 14% |
| Consumer | 2% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |