Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.34 | 0.95% |
| Return on Equity (%) | ▲ | 7.87% | +1.85 | 6.02% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.62 | 2.80% |
| Efficiency Ratio (%) | ▲ | 50.31% | -7.93 | 58.25% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.49% | -0.41 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +4.43 | $113 |
| Gross Loans ($M) | ▲ | $72 | +4.30 | $68 |
| Loan Growth YoY (%) | ▲ | 72.84% | +2.03 | 70.80% |
| Total Deposits ($M) | ▲ | $98 | +3.19 | $95 |
| Shareholders Equity ($M) | ▲ | $19 | +1.20 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +1.20 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.18 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 72.84% | +2.03 | 70.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.47 | 0.53% |
| Allowance / Loans (%) | — | 1.15% | 0.00% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.79 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 30.26% | +0.92 | 29.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▆█ | Net Interest Margin (%) | 2.25% | 2.29% | 2.35% | 2.80% | 2.89% | 2.98% | 3.05% | 3.42% |
| ▁▁▁▅▅▆▅█ | Return on Assets (%) | 0.43% | 0.44% | 0.45% | 0.95% | 0.96% | 1.02% | 0.92% | 1.29% |
| ███▃▂▂▂▁ | Efficiency Ratio (%) | 70.7% | 71.5% | 72.2% | 58.2% | 55.5% | 55.3% | 55.8% | 50.3% |
| ███▆▅▄▂▁ | Cost of Funds (%) | 2.01% | 2.07% | 2.06% | 1.91% | 1.80% | 1.76% | 1.59% | 1.49% |
| ▆▇▇█▂▁▁▁ | NPA / Assets (%) | 0.41% | 0.46% | 0.46% | 0.53% | 0.14% | 0.09% | 0.06% | 0.06% |
| ▇▇▇█▂▁▁▁ | Net Charge-Off Ratio (%) | 0.71% | 0.78% | 0.78% | 0.89% | 0.23% | 0.16% | 0.10% | 0.10% |
| ▁▃▂▄▅███ | Tang. Book Value ($M) | $17 | $18 | $18 | $18 | $18 | $19 | $19 | $19 |
| ▁▂▃▅▆▇██ | Gross Loans ($M) | $63 | $65 | $66 | $68 | $69 | $70 | $72 | $72 |
| ▁▂▂▃▇█▅▆ | Total Deposits ($M) | $92 | $93 | $94 | $95 | $99 | $100 | $97 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 10% |
| Agricultural | 7% |
| Consumer | 24% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 16% |