Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.17 | 1.34% |
| Return on Equity (%) | ▲ | 18.46% | +0.68 | 17.78% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.32 | 3.73% |
| Efficiency Ratio (%) | ▲ | 48.88% | -1.24 | 50.12% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.25 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $131 | +3.27 | $128 |
| Gross Loans ($M) | ▼ | $89 | -3.10 | $92 |
| Loan Growth YoY (%) | ▼ | 74.07% | -4.18 | 78.26% |
| Total Deposits ($M) | ▲ | $119 | +2.23 | $116 |
| Shareholders Equity ($M) | ▲ | $11 | +1.00 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.00 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.29 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 74.07% | -4.18 | 78.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.60 | 0.06% |
| Allowance / Loans (%) | — | 1.25% | 0.17% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.98% | +0.89 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.03% | +1.35 | 11.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▆█ | Net Interest Margin (%) | 3.34% | 3.40% | 3.44% | 3.73% | 3.79% | 3.85% | 3.87% | 4.04% |
| ▁▂▁▅▅▅▅█ | Return on Assets (%) | 1.11% | 1.13% | 1.07% | 1.34% | 1.30% | 1.33% | 1.31% | 1.51% |
| ███▂▄▄▅▁ | Efficiency Ratio (%) | 56.5% | 55.9% | 55.8% | 50.1% | 52.2% | 52.1% | 53.4% | 48.9% |
| ▇█▆▅▅▅▃▁ | Cost of Funds (%) | 1.85% | 1.95% | 1.82% | 1.74% | 1.73% | 1.76% | 1.62% | 1.48% |
| ▁▁▁▁▁▇▆█ | NPA / Assets (%) | 0.08% | 0.07% | 0.05% | 0.06% | 0.12% | 0.53% | 0.45% | 0.66% |
| ▁▁▁▁▂▇▆█ | Net Charge-Off Ratio (%) | 0.05% | 0.03% | 0.07% | 0.09% | 0.18% | 0.75% | 0.65% | 0.98% |
| ▁▄▁▄▄▇██ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $10 | $11 | $11 | $11 |
| ▂▁██▇▅█▃ | Gross Loans ($M) | $88 | $88 | $92 | $92 | $91 | $90 | $92 | $89 |
| ▂▁▄▃▅▃█▅ | Total Deposits ($M) | $115 | $114 | $117 | $116 | $118 | $117 | $122 | $119 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 16% |
| Agricultural | 6% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 14% |