Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.49 | 0.50% |
| Return on Equity (%) | ▲ | 9.03% | +4.23 | 4.80% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.64 | 3.63% |
| Efficiency Ratio (%) | ▲ | 54.98% | -5.30 | 60.28% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 2.59% | -0.34 | 2.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $312 | +3.97 | $308 |
| Gross Loans ($M) | ▲ | $261 | +6.16 | $255 |
| Loan Growth YoY (%) | ▲ | 92.80% | +1.68 | 91.12% |
| Total Deposits ($M) | ▲ | $277 | +1.70 | $275 |
| Shareholders Equity ($M) | ▲ | $34 | +2.14 | $32 |
| Tang. Book Value ($M) | ▲ | $34 | +2.14 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.24 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 92.80% | +1.68 | 91.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.21% | +0.48 | 0.73% |
| Allowance / Loans (%) | — | 1.60% | -0.06% | 1.66% |
| Net Charge-Off Ratio (%) | ▼ | 1.36% | +0.49 | 0.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 3.37% | 3.35% | 3.39% | 3.63% | 3.76% | 3.84% | 3.98% | 4.26% |
| ▃▁▂▁▄▄▆█ | Return on Assets (%) | 0.63% | 0.47% | 0.57% | 0.50% | 0.71% | 0.68% | 0.80% | 0.98% |
| ▇██▆▆▅▃▁ | Efficiency Ratio (%) | 60.8% | 62.2% | 61.4% | 60.3% | 60.4% | 59.0% | 56.8% | 55.0% |
| ▇█▇▄▄▄▂▁ | Cost of Funds (%) | 3.23% | 3.32% | 3.16% | 2.93% | 2.87% | 2.89% | 2.69% | 2.59% |
| ▄▄▁▁▄▇▄█ | NPA / Assets (%) | 0.94% | 0.95% | 0.76% | 0.73% | 0.92% | 1.10% | 0.91% | 1.21% |
| ▅▅▁▁▃▆▂█ | Net Charge-Off Ratio (%) | 1.13% | 1.12% | 0.91% | 0.87% | 1.01% | 1.18% | 0.97% | 1.36% |
| ▁▂▂▂▄▅██ | Tang. Book Value ($M) | $31 | $32 | $32 | $32 | $32 | $33 | $34 | $34 |
| ▁▃▄▄▄▅██ | Gross Loans ($M) | $249 | $253 | $255 | $255 | $254 | $256 | $262 | $261 |
| ▁▂▇▇▁▂██ | Total Deposits ($M) | $266 | $268 | $274 | $275 | $267 | $269 | $276 | $277 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Consumer | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 30% |