Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.21 | 1.46% |
| Return on Equity (%) | ▲ | 16.57% | +0.88 | 15.69% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.60 | 3.41% |
| Efficiency Ratio (%) | ▲ | 47.19% | -0.17 | 47.36% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.27 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $284 | +16.24 | $267 |
| Gross Loans ($M) | ▲ | $178 | +17.19 | $160 |
| Loan Growth YoY (%) | ▲ | 70.31% | +2.26 | 68.05% |
| Total Deposits ($M) | ▲ | $248 | +17.13 | $231 |
| Shareholders Equity ($M) | ▲ | $30 | +2.97 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +2.97 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.65 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 70.31% | +2.26 | 68.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.25 | 0.72% |
| Allowance / Loans (%) | — | 1.59% | -0.22% | 1.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.75% | -0.45 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.39% | -0.64 | 16.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▄▅█ | Net Interest Margin (%) | 3.40% | 3.43% | 3.38% | 3.41% | 3.53% | 3.65% | 3.70% | 4.01% |
| ▂▂▁▅▆▆▁█ | Return on Assets (%) | 1.27% | 1.28% | 1.21% | 1.46% | 1.54% | 1.53% | 1.17% | 1.68% |
| ▄▅▆▁▁▁█▁ | Efficiency Ratio (%) | 53.2% | 53.9% | 56.2% | 47.4% | 46.5% | 48.1% | 60.6% | 47.2% |
| ██▄▆▂▅▁▁ | Cost of Funds (%) | 1.98% | 1.97% | 1.73% | 1.83% | 1.65% | 1.78% | 1.60% | 1.55% |
| ▃▃▁█▃▅▃▁ | NPA / Assets (%) | 0.54% | 0.54% | 0.48% | 0.72% | 0.55% | 0.60% | 0.54% | 0.47% |
| ▂▃▄█▄▅▅▁ | Net Charge-Off Ratio (%) | 0.84% | 0.87% | 0.94% | 1.20% | 0.95% | 0.99% | 0.99% | 0.75% |
| ▁▄▁▃▆█▆█ | Tang. Book Value ($M) | $25 | $27 | $25 | $27 | $28 | $30 | $29 | $30 |
| ▃▃▁▄▆▅▄█ | Gross Loans ($M) | $159 | $157 | $149 | $160 | $168 | $166 | $162 | $178 |
| ▁▁█▄█▄█▇ | Total Deposits ($M) | $212 | $211 | $255 | $231 | $254 | $234 | $260 | $248 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 14% |
| Agricultural | 16% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 13% |