Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.18 | 0.70% |
| Return on Equity (%) | ▲ | 10.83% | +1.30 | 9.53% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.39 | 3.23% |
| Efficiency Ratio (%) | ▲ | 74.57% | -3.69 | 78.26% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 1.30% | -0.06 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $184 | +10.10 | $174 |
| Gross Loans ($M) | ▲ | $103 | +0.01 | $103 |
| Loan Growth YoY (%) | ▼ | 60.67% | -3.35 | 64.02% |
| Total Deposits ($M) | ▲ | $169 | +8.77 | $160 |
| Shareholders Equity ($M) | ▲ | $15 | +1.49 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.49 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.14 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 60.67% | -3.35 | 64.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.15 | 0.27% |
| Allowance / Loans (%) | — | 1.15% | 0.05% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.43% | -0.00 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.06% | +1.83 | 15.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▇▇█ | Net Interest Margin (%) | 2.97% | 3.02% | 3.09% | 3.23% | 3.36% | 3.47% | 3.53% | 3.62% |
| ▁▂▃▅▆▇█▇ | Return on Assets (%) | 0.45% | 0.53% | 0.59% | 0.70% | 0.82% | 0.87% | 0.94% | 0.88% |
| █▇▆▅▃▂▁▂ | Efficiency Ratio (%) | 83.3% | 81.9% | 80.5% | 78.3% | 75.7% | 74.3% | 72.8% | 74.6% |
| ▁███▁▂▁▃ | Cost of Funds (%) | 1.28% | 1.36% | 1.37% | 1.36% | 1.28% | 1.29% | 1.28% | 1.30% |
| ▁▁▁▆▅▅▄█ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.27% | 0.25% | 0.21% | 0.18% | 0.42% |
| ▁▁▁█▃▂▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.02% | 0.43% | 0.12% | 0.06% | 0.02% | 0.43% |
| ▁▃▃▅▆▇█▇ | Tang. Book Value ($M) | $11 | $12 | $13 | $13 | $14 | $15 | $15 | $15 |
| ▃▆▆█▄▂▁█ | Gross Loans ($M) | $101 | $102 | $102 | $103 | $102 | $101 | $100 | $103 |
| ▁▅▅▁▄▆█▆ | Total Deposits ($M) | $159 | $166 | $166 | $160 | $165 | $168 | $172 | $169 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 4% |