Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.27 | 1.07% |
| Return on Equity (%) | ▲ | 17.09% | +1.85 | 15.24% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.46 | 3.27% |
| Efficiency Ratio (%) | ▲ | 55.95% | -3.68 | 59.63% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.30% | -0.11 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $139 | -7.25 | $147 |
| Gross Loans ($M) | ▲ | $82 | +2.52 | $79 |
| Loan Growth YoY (%) | ▲ | 63.45% | +5.42 | 58.03% |
| Total Deposits ($M) | ▼ | $128 | -7.73 | $135 |
| Shareholders Equity ($M) | ▲ | $11 | +0.52 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.52 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +0.15 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 63.45% | +5.42 | 58.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.00% | -0.37 | 1.37% |
| Allowance / Loans (%) | — | 1.12% | 0.08% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 1.70% | -0.83 | 2.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.97% | -0.81 | 17.77% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▇██ | Net Interest Margin (%) | 3.00% | 3.04% | 3.12% | 3.27% | 3.43% | 3.58% | 3.67% | 3.73% |
| ▁▁▁▄▅▇▆█ | Return on Assets (%) | 0.87% | 0.93% | 0.93% | 1.07% | 1.15% | 1.26% | 1.21% | 1.35% |
| █▇█▄▃▁▃▁ | Efficiency Ratio (%) | 63.9% | 62.2% | 63.2% | 59.6% | 58.9% | 56.1% | 58.7% | 56.0% |
| ██▆▄▅▃▁▂ | Cost of Funds (%) | 1.63% | 1.64% | 1.50% | 1.40% | 1.45% | 1.36% | 1.23% | 1.30% |
| ▁▁▇██▆▄▅ | NPA / Assets (%) | 0.49% | 0.56% | 1.33% | 1.37% | 1.46% | 1.20% | 0.97% | 1.00% |
| ▁▃███▇▅▅ | Net Charge-Off Ratio (%) | 0.36% | 1.04% | 2.40% | 2.53% | 2.60% | 2.08% | 1.66% | 1.70% |
| ▁▄▁▄▆▇█▇ | Tang. Book Value ($M) | $10 | $10 | $10 | $10 | $11 | $11 | $11 | $11 |
| ▃▁▂▄▅▆▇█ | Gross Loans ($M) | $78 | $77 | $78 | $79 | $80 | $80 | $81 | $82 |
| █▆▃█▄▂▁▂ | Total Deposits ($M) | $134 | $132 | $129 | $135 | $130 | $127 | $126 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 4% |
| Agricultural | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 2% |