Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.29 | 1.63% |
| Return on Equity (%) | ▲ | 16.36% | +2.45 | 13.91% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.40 | 4.08% |
| Efficiency Ratio (%) | ▲ | 55.91% | -2.73 | 58.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.63% | -0.02 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $241 | +16.94 | $224 |
| Gross Loans ($M) | ▲ | $183 | +15.87 | $167 |
| Loan Growth YoY (%) | ▲ | 88.62% | +1.78 | 86.84% |
| Total Deposits ($M) | ▲ | $204 | +13.71 | $190 |
| Shareholders Equity ($M) | ▲ | $28 | +1.73 | $26 |
| Tang. Book Value ($M) | ▲ | $26 | +1.77 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +1.87 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 88.62% | +1.78 | 86.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.02 | 0.12% |
| Allowance / Loans (%) | — | 1.22% | 0.08% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.03 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 3.64% | 3.72% | 3.80% | 4.08% | 4.19% | 4.27% | 4.32% | 4.49% |
| ▁▃▄▆▇▇██ | Return on Assets (%) | 1.14% | 1.36% | 1.44% | 1.63% | 1.74% | 1.81% | 1.85% | 1.91% |
| █▆▅▃▂▁▁▁ | Efficiency Ratio (%) | 68.5% | 64.7% | 62.9% | 58.6% | 57.0% | 55.8% | 55.1% | 55.9% |
| ▇█▇▁▂▃▃▁ | Cost of Funds (%) | 1.97% | 2.05% | 1.96% | 1.64% | 1.72% | 1.75% | 1.74% | 1.63% |
| █▃▂▂▂▁▁▁ | NPA / Assets (%) | 0.36% | 0.18% | 0.14% | 0.12% | 0.12% | 0.09% | 0.07% | 0.10% |
| █▇▅▃▃▂▁▂ | Net Charge-Off Ratio (%) | 0.26% | 0.23% | 0.18% | 0.16% | 0.15% | 0.12% | 0.10% | 0.13% |
| ▁▄▄▃▇▆██ | Tang. Book Value ($M) | $23 | $25 | $24 | $24 | $26 | $25 | $26 | $26 |
| ▁▁▃▁▃▄██ | Gross Loans ($M) | $165 | $166 | $171 | $167 | $171 | $174 | $183 | $183 |
| ▃▁▃▄▅▇▇█ | Total Deposits ($M) | $187 | $177 | $187 | $190 | $191 | $201 | $200 | $204 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 18% |
| Agricultural | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 13% |