Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.07 | 1.32% |
| Return on Equity (%) | ▲ | 10.65% | +0.19 | 10.46% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.31 | 3.13% |
| Efficiency Ratio (%) | ▼ | 51.93% | +3.27 | 48.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.85% | -0.08 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $131 | +8.24 | $122 |
| Gross Loans ($M) | ▲ | $86 | +2.71 | $84 |
| Loan Growth YoY (%) | ▼ | 76.39% | -2.25 | 78.63% |
| Total Deposits ($M) | ▲ | $112 | +6.49 | $106 |
| Shareholders Equity ($M) | ▲ | $17 | +1.68 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.68 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.84 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 76.39% | -2.25 | 78.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.22 | 0.42% |
| Allowance / Loans (%) | — | 0.87% | 0.13% | 0.74% |
| Net Charge-Off Ratio (%) | ▲ | 0.30% | -0.31 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.41% | +0.95 | 20.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▆▆▇█ | Net Interest Margin (%) | 2.79% | 2.90% | 2.96% | 3.13% | 3.20% | 3.27% | 3.35% | 3.44% |
| ▁▂▂▇▆▆▆█ | Return on Assets (%) | 0.81% | 0.89% | 0.92% | 1.32% | 1.24% | 1.24% | 1.22% | 1.39% |
| ██▇▁▃▄▄▃ | Efficiency Ratio (%) | 59.1% | 58.4% | 57.4% | 48.7% | 52.3% | 52.7% | 53.1% | 51.9% |
| ▂▇█▃▄▃▃▁ | Cost of Funds (%) | 1.91% | 2.08% | 2.13% | 1.93% | 1.96% | 1.93% | 1.92% | 1.85% |
| ▇▆▅▅█▃▁▁ | NPA / Assets (%) | 0.52% | 0.46% | 0.44% | 0.42% | 0.62% | 0.33% | 0.22% | 0.20% |
| ▇▅▅▅█▃▁▁ | Net Charge-Off Ratio (%) | 0.80% | 0.67% | 0.63% | 0.61% | 0.90% | 0.51% | 0.32% | 0.30% |
| ▁▃▂▃▅▇██ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $16 | $17 | $17 | $17 |
| ▁▃▆▇▇▆██ | Gross Loans ($M) | $75 | $79 | $82 | $84 | $84 | $83 | $86 | $86 |
| ▂▁▂▅▄▇▇█ | Total Deposits ($M) | $100 | $98 | $101 | $106 | $105 | $110 | $110 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 17% |
| Agricultural | 5% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 21% |