Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.22 | 0.87% |
| Return on Equity (%) | ▲ | 8.75% | +1.43 | 7.32% |
| Net Interest Margin (%) | ▲ | 3.34% | +0.34 | 3.00% |
| Efficiency Ratio (%) | ▲ | 60.08% | -1.38 | 61.46% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 2.11% | -0.44 | 2.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $260 | +4.75 | $255 |
| Gross Loans ($M) | ▲ | $133 | +8.46 | $125 |
| Loan Growth YoY (%) | ▲ | 58.96% | +3.95 | 55.01% |
| Total Deposits ($M) | ▼ | $221 | -0.52 | $222 |
| Shareholders Equity ($M) | ▲ | $33 | +2.13 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +2.13 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +2.65 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 58.96% | +3.95 | 55.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.06 | 0.60% |
| Allowance / Loans (%) | — | 2.17% | -0.15% | 2.31% |
| Net Charge-Off Ratio (%) | ▲ | 1.14% | -0.08 | 1.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.05% | -0.28 | 22.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▁▃▅█ | Net Interest Margin (%) | 3.35% | 3.35% | 3.34% | 3.00% | 2.97% | 3.10% | 3.19% | 3.34% |
| █▇█▁▆▆▇▆ | Return on Assets (%) | 1.15% | 1.12% | 1.17% | 0.87% | 1.07% | 1.08% | 1.13% | 1.09% |
| ▁▂▁██▇▅▇ | Efficiency Ratio (%) | 54.3% | 55.4% | 54.1% | 61.5% | 60.6% | 59.7% | 58.0% | 60.1% |
| ▇█▆██▆▃▁ | Cost of Funds (%) | 2.50% | 2.57% | 2.41% | 2.55% | 2.56% | 2.42% | 2.28% | 2.11% |
| ▂▂█▃▁▁█▄ | NPA / Assets (%) | 0.56% | 0.55% | 0.86% | 0.60% | 0.49% | 0.49% | 0.90% | 0.66% |
| ▂▂█▃▁▁▇▃ | Net Charge-Off Ratio (%) | 1.10% | 1.11% | 1.76% | 1.23% | 0.98% | 0.92% | 1.61% | 1.14% |
| ▁▅▁▃▂▇▇█ | Tang. Book Value ($M) | $30 | $31 | $30 | $31 | $30 | $32 | $32 | $33 |
| ▃▂▁▂▃███ | Gross Loans ($M) | $127 | $125 | $123 | $125 | $127 | $133 | $134 | $133 |
| ▁▁▃▃█▂▅▃ | Total Deposits ($M) | $218 | $218 | $223 | $222 | $232 | $221 | $226 | $221 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 36% |
| Agricultural | 2% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 19% |