Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.40% | +0.18 | 2.22% |
| Return on Equity (%) | ▲ | 14.22% | +2.20 | 12.02% |
| Net Interest Margin (%) | ▼ | 5.65% | -0.17 | 5.82% |
| Efficiency Ratio (%) | ▲ | 41.07% | -4.28 | 45.35% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.36 | $1 |
| Cost of Funds (%) | ▲ | 2.22% | -0.20 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $203 | +36.45 | $166 |
| Gross Loans ($M) | ▲ | $150 | +18.59 | $131 |
| Loan Growth YoY (%) | ▼ | 84.95% | -8.09 | 93.05% |
| Total Deposits ($M) | ▲ | $167 | +34.01 | $133 |
| Shareholders Equity ($M) | ▲ | $34 | +2.36 | $32 |
| Tang. Book Value ($M) | ▲ | $34 | +2.36 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.47 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 84.95% | -8.09 | 93.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.01 | 0.30% |
| Allowance / Loans (%) | — | 5.01% | -0.33% | 5.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.04 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.59% | -1.76 | 20.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▄█▆▃▁▆ | Net Interest Margin (%) | 5.87% | 5.56% | 5.41% | 5.82% | 5.60% | 5.27% | 5.01% | 5.65% |
| █▇▃▆▆▅▁▇ | Return on Assets (%) | 2.76% | 2.49% | 1.73% | 2.22% | 2.21% | 2.04% | 1.19% | 2.40% |
| ▁▁█▃▂▃▇▂ | Efficiency Ratio (%) | 35.8% | 37.8% | 68.7% | 45.3% | 43.5% | 44.6% | 64.1% | 41.1% |
| ▃██▄▁▆▃▁ | Cost of Funds (%) | 2.36% | 2.63% | 2.64% | 2.42% | 2.24% | 2.50% | 2.35% | 2.22% |
| ▁▁▁▇▄███ | NPA / Assets (%) | 0.08% | 0.08% | 0.08% | 0.30% | 0.20% | 0.34% | 0.31% | 0.31% |
| ▁▁▁▆▄██▇ | Net Charge-Off Ratio (%) | 0.11% | 0.11% | 0.12% | 0.38% | 0.28% | 0.45% | 0.49% | 0.42% |
| ▁▄▁▄▆█▆█ | Tang. Book Value ($M) | $30 | $32 | $31 | $32 | $33 | $34 | $33 | $34 |
| ▃▂▁▃▃▅▁█ | Gross Loans ($M) | $131 | $128 | $124 | $131 | $133 | $137 | $125 | $150 |
| ▃▂▂▁▄▄▇█ | Total Deposits ($M) | $144 | $138 | $140 | $133 | $147 | $148 | $161 | $167 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 7% |
| Agricultural | 25% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 37% |