Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.26 | 0.71% |
| Return on Equity (%) | ▲ | 12.68% | +2.17 | 10.51% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.23 | 3.01% |
| Efficiency Ratio (%) | ▼ | 56.63% | +0.57 | 56.06% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▼ | 1.57% | +0.06 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $135 | -5.94 | $141 |
| Gross Loans ($M) | ▲ | $60 | +8.92 | $51 |
| Loan Growth YoY (%) | ▲ | 47.93% | +9.37 | 38.56% |
| Total Deposits ($M) | ▼ | $123 | -6.85 | $130 |
| Shareholders Equity ($M) | ▲ | $11 | +0.99 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.99 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.04 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 47.93% | +9.37 | 38.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.22 | 0.36% |
| Allowance / Loans (%) | — | 1.54% | -0.27% | 1.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.31% | -0.68 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.04% | +0.78 | 13.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▄▁██▇▅ | Net Interest Margin (%) | 3.24% | 3.23% | 3.19% | 3.01% | 3.40% | 3.36% | 3.33% | 3.24% |
| ▇▇▇▁█▇▇▇ | Return on Assets (%) | 0.97% | 1.00% | 1.00% | 0.71% | 1.05% | 0.97% | 0.98% | 0.97% |
| ▁▂▄█▃▅▆█ | Efficiency Ratio (%) | 49.7% | 51.0% | 52.4% | 56.1% | 52.3% | 53.9% | 54.2% | 56.6% |
| ▄█▃▁▆▇▄▃ | Cost of Funds (%) | 1.61% | 1.73% | 1.58% | 1.52% | 1.67% | 1.70% | 1.62% | 1.57% |
| ▃▁▁▂█▁▁▁ | NPA / Assets (%) | 0.42% | 0.18% | 0.20% | 0.36% | 1.18% | 0.12% | 0.11% | 0.14% |
| ▃▁▁▃█▁▁▁ | Net Charge-Off Ratio (%) | 1.14% | 0.44% | 0.51% | 0.99% | 2.82% | 0.28% | 0.28% | 0.31% |
| ▁▅▂▄▆███ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $10 | $10 | $10 | $11 |
| ▁▂▂▁▅▄▆█ | Gross Loans ($M) | $50 | $53 | $52 | $51 | $56 | $55 | $57 | $60 |
| ▆▁▆█▃▁▇▄ | Total Deposits ($M) | $126 | $118 | $126 | $130 | $122 | $118 | $128 | $123 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 13% |
| Agricultural | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |