Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.82% | +0.15 | 1.67% |
| Return on Equity (%) | ▲ | 16.73% | +0.05 | 16.68% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.15 | 3.47% |
| Efficiency Ratio (%) | ▲ | 52.13% | -2.08 | 54.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.21% | -0.11 | 1.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $279 | +8.20 | $271 |
| Gross Loans ($M) | ▲ | $114 | +0.80 | $113 |
| Loan Growth YoY (%) | ▼ | 47.96% | -0.71 | 48.68% |
| Total Deposits ($M) | ▲ | $235 | +5.13 | $230 |
| Shareholders Equity ($M) | ▲ | $30 | +2.90 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +2.90 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +3.65 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 47.96% | -0.71 | 48.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.05 | 0.19% |
| Allowance / Loans (%) | — | 1.05% | -0.02% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.18 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.22% | +0.37 | 23.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▃▄▆▅ | Net Interest Margin (%) | 3.72% | 3.70% | 3.69% | 3.47% | 3.54% | 3.59% | 3.64% | 3.62% |
| █▆▃▁▆▆▂▃ | Return on Assets (%) | 2.06% | 1.95% | 1.79% | 1.67% | 1.92% | 1.94% | 1.76% | 1.82% |
| ▂▄█▇▁▁▅▃ | Efficiency Ratio (%) | 51.3% | 52.3% | 55.1% | 54.2% | 50.8% | 50.4% | 52.9% | 52.1% |
| ▃▅█▅▅▅▃▁ | Cost of Funds (%) | 1.26% | 1.30% | 1.39% | 1.32% | 1.31% | 1.31% | 1.28% | 1.21% |
| ▃█▁▄▁▁▆█ | NPA / Assets (%) | 0.19% | 0.23% | 0.16% | 0.19% | 0.16% | 0.16% | 0.21% | 0.24% |
| ▁▅▁▃▁▁▃█ | Net Charge-Off Ratio (%) | 0.34% | 0.46% | 0.36% | 0.40% | 0.33% | 0.35% | 0.42% | 0.58% |
| ▁▆▁▃▅██▇ | Tang. Book Value ($M) | $26 | $29 | $26 | $27 | $29 | $31 | $30 | $30 |
| ▁▂▆▄▄▄█▄ | Gross Loans ($M) | $108 | $110 | $117 | $113 | $113 | $113 | $121 | $114 |
| ▂▄▁▇██▄█ | Total Deposits ($M) | $208 | $216 | $201 | $230 | $232 | $232 | $214 | $235 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 23% |
| Agricultural | 3% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 8% |