Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.48 | 0.58% |
| Return on Equity (%) | ▲ | 9.74% | +4.30 | 5.44% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.26 | 3.88% |
| Efficiency Ratio (%) | ▲ | 64.17% | -13.57 | 77.74% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.58 | $1 |
| Cost of Funds (%) | ▲ | 1.71% | -0.20 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $351 | +12.25 | $338 |
| Gross Loans ($M) | ▼ | $248 | -9.26 | $257 |
| Loan Growth YoY (%) | ▼ | 80.72% | -7.58 | 88.30% |
| Total Deposits ($M) | ▲ | $304 | +15.38 | $288 |
| Shareholders Equity ($M) | ▲ | $38 | +2.14 | $36 |
| Tang. Book Value ($M) | ▲ | $30 | +2.43 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +2.51 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 80.72% | -7.58 | 88.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.74% | +0.11 | 0.64% |
| Allowance / Loans (%) | — | 1.11% | 0.10% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.79% | -0.05 | 0.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.68% | +1.52 | 12.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇██ | Net Interest Margin (%) | 3.59% | 3.65% | 3.72% | 3.88% | 3.94% | 4.04% | 4.14% | 4.15% |
| ▁▁▂▁▃▄█▇ | Return on Assets (%) | 0.55% | 0.61% | 0.68% | 0.58% | 0.74% | 0.80% | 1.21% | 1.06% |
| ██▇▇▅▄▁▂ | Efficiency Ratio (%) | 81.3% | 81.4% | 78.7% | 77.7% | 73.0% | 71.3% | 61.6% | 64.2% |
| ▇█▅▅▅▅▃▁ | Cost of Funds (%) | 2.00% | 2.05% | 1.92% | 1.91% | 1.90% | 1.88% | 1.82% | 1.71% |
| ▁▁▂▃█▇▄▄ | NPA / Assets (%) | 0.29% | 0.43% | 0.56% | 0.64% | 1.36% | 1.15% | 0.74% | 0.74% |
| ▁▁▃▃█▆▃▃ | Net Charge-Off Ratio (%) | 0.38% | 0.55% | 0.73% | 0.84% | 1.78% | 1.40% | 0.75% | 0.79% |
| ▁▃▄▃▆▇██ | Tang. Book Value ($M) | $26 | $27 | $27 | $27 | $28 | $29 | $30 | $30 |
| ▃▄▆▅▇█▇▁ | Gross Loans ($M) | $253 | $255 | $259 | $257 | $261 | $265 | $262 | $248 |
| ▁▁▂▄▄▄██ | Total Deposits ($M) | $276 | $276 | $282 | $288 | $289 | $290 | $300 | $304 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 10% |
| Agricultural | 4% |
| Consumer | 3% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 7% |