Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.26 | 1.27% |
| Return on Equity (%) | ▲ | 13.80% | +0.03 | 13.77% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.45 | 3.56% |
| Efficiency Ratio (%) | ▲ | 62.93% | -2.30 | 65.23% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.50% | -0.06 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $238 | -21.56 | $259 |
| Gross Loans ($M) | ▼ | $172 | -19.92 | $192 |
| Loan Growth YoY (%) | ▼ | 83.81% | -0.27 | 84.09% |
| Total Deposits ($M) | ▼ | $204 | -23.04 | $227 |
| Shareholders Equity ($M) | ▲ | $26 | +2.21 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.27 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.52 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 83.81% | -0.27 | 84.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.23% | +0.03 | 0.20% |
| Allowance / Loans (%) | — | 0.99% | 0.11% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.32% | +0.06 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.74% | +1.01 | 16.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄▄█ | Net Interest Margin (%) | 3.36% | 3.41% | 3.45% | 3.56% | 3.57% | 3.62% | 3.68% | 4.01% |
| ▁▁▄▃▃▄▁█ | Return on Assets (%) | 1.14% | 1.16% | 1.29% | 1.27% | 1.27% | 1.30% | 1.17% | 1.54% |
| ▆▆█▅▄▄▆▁ | Efficiency Ratio (%) | 66.2% | 66.3% | 67.5% | 65.2% | 65.0% | 64.9% | 65.8% | 62.9% |
| ▃▅█▄█▅█▁ | Cost of Funds (%) | 1.55% | 1.59% | 1.64% | 1.56% | 1.65% | 1.58% | 1.65% | 1.50% |
| █▃▃▁▂▁▁▃ | NPA / Assets (%) | 0.32% | 0.24% | 0.23% | 0.20% | 0.22% | 0.19% | 0.20% | 0.23% |
| █▄▁▁▂▁▁▄ | Net Charge-Off Ratio (%) | 0.41% | 0.31% | 0.25% | 0.26% | 0.27% | 0.24% | 0.25% | 0.32% |
| ▁▃▂▄▄███ | Tang. Book Value ($M) | $21 | $23 | $22 | $23 | $24 | $26 | $25 | $26 |
| ▇██▇█▇▁▁ | Gross Loans ($M) | $192 | $196 | $194 | $192 | $194 | $191 | $172 | $172 |
| ▆▅▆█▆▅▁▂ | Total Deposits ($M) | $216 | $215 | $217 | $227 | $217 | $216 | $197 | $204 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 21% |
| Agricultural | 7% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 11% |