Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.75% | +0.11 | 1.64% |
| Return on Equity (%) | ▲ | 11.19% | +0.30 | 10.89% |
| Net Interest Margin (%) | ▲ | 3.18% | +0.12 | 3.06% |
| Efficiency Ratio (%) | ▲ | 43.66% | -4.14 | 47.80% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▼ | 1.23% | +0.03 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $194 | +15.34 | $178 |
| Gross Loans ($M) | ▲ | $111 | +3.35 | $107 |
| Loan Growth YoY (%) | ▼ | 67.57% | -4.87 | 72.44% |
| Total Deposits ($M) | ▲ | $162 | +15.51 | $147 |
| Shareholders Equity ($M) | ▲ | $30 | +3.06 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +3.06 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.45 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 67.57% | -4.87 | 72.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.27 | 0.07% |
| Allowance / Loans (%) | — | 1.13% | -0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.48 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.39% | +0.60 | 25.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▃▆█ | Net Interest Margin (%) | 3.06% | 3.06% | 3.07% | 3.06% | 3.08% | 3.10% | 3.15% | 3.18% |
| ▃▃▁▃▁▁▂█ | Return on Assets (%) | 1.65% | 1.63% | 1.59% | 1.64% | 1.60% | 1.59% | 1.62% | 1.75% |
| ▁▂▃█▅▆▅▂ | Efficiency Ratio (%) | 42.4% | 43.3% | 44.3% | 47.8% | 45.6% | 45.9% | 45.2% | 43.7% |
| ▁▂▂▁▅█▅▂ | Cost of Funds (%) | 1.20% | 1.24% | 1.23% | 1.20% | 1.32% | 1.40% | 1.32% | 1.23% |
| ▄▄▁▁▁█▃█ | NPA / Assets (%) | 0.22% | 0.21% | 0.11% | 0.07% | 0.08% | 0.38% | 0.17% | 0.35% |
| ▅▄▁▁▁█▃█ | Net Charge-Off Ratio (%) | 0.38% | 0.34% | 0.17% | 0.12% | 0.13% | 0.63% | 0.28% | 0.60% |
| ▁▃▁▃▄▇▇█ | Tang. Book Value ($M) | $25 | $27 | $26 | $27 | $27 | $29 | $29 | $30 |
| ▁▄▆▅▅██▇ | Gross Loans ($M) | $100 | $106 | $109 | $107 | $108 | $112 | $113 | $111 |
| ▁▁▁▄▃▅▅█ | Total Deposits ($M) | $139 | $137 | $140 | $147 | $146 | $151 | $151 | $162 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 3% |
| Agricultural | 23% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |