Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.44% | +0.66 | 0.78% |
| Return on Equity (%) | ▲ | 15.58% | +5.48 | 10.10% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.84 | 3.12% |
| Efficiency Ratio (%) | ▲ | 63.56% | -13.03 | 76.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.64 | $1 |
| Cost of Funds (%) | ▲ | 2.05% | -0.44 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $349 | +3.94 | $345 |
| Gross Loans ($M) | ▲ | $246 | +16.22 | $230 |
| Loan Growth YoY (%) | ▲ | 77.78% | +5.02 | 72.76% |
| Total Deposits ($M) | ▲ | $313 | +1.01 | $312 |
| Shareholders Equity ($M) | ▲ | $32 | +5.46 | $27 |
| Tang. Book Value ($M) | ▲ | $31 | +5.38 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +5.39 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 77.78% | +5.02 | 72.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.78% | +0.19 | 0.59% |
| Allowance / Loans (%) | — | 1.03% | -0.17% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 1.10% | +0.34 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▁▂▃█ | Net Interest Margin (%) | 3.13% | 3.14% | 3.11% | 3.12% | 3.15% | 3.28% | 3.36% | 3.95% |
| ▁▁▂▂▂▃▄█ | Return on Assets (%) | 0.65% | 0.72% | 0.78% | 0.78% | 0.79% | 0.92% | 0.99% | 1.44% |
| █▇▇▆▆▅▄▁ | Efficiency Ratio (%) | 80.9% | 78.6% | 77.1% | 76.6% | 76.3% | 73.4% | 71.8% | 63.6% |
| ▇██▇▇▆▃▁ | Cost of Funds (%) | 2.52% | 2.56% | 2.63% | 2.49% | 2.49% | 2.42% | 2.21% | 2.05% |
| ▅▂▄▁▆▅██ | NPA / Assets (%) | 0.70% | 0.62% | 0.66% | 0.59% | 0.72% | 0.69% | 0.78% | 0.78% |
| ▄▂▂▁▄▅██ | Net Charge-Off Ratio (%) | 0.91% | 0.82% | 0.85% | 0.76% | 0.92% | 0.93% | 1.09% | 1.10% |
| ▁▃▁▂▃▄██ | Tang. Book Value ($M) | $24 | $27 | $25 | $26 | $26 | $28 | $31 | $31 |
| ▁▁▁▂▆▇▆█ | Gross Loans ($M) | $225 | $228 | $228 | $230 | $239 | $241 | $240 | $246 |
| ▁▃▅██▇██ | Total Deposits ($M) | $287 | $296 | $300 | $312 | $312 | $309 | $310 | $313 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 14% |