Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.70% | +0.54 | 1.15% |
| Return on Equity (%) | ▲ | 19.40% | +4.47 | 14.93% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.69 | 3.25% |
| Efficiency Ratio (%) | ▲ | 52.05% | -7.71 | 59.76% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.08% | -0.15 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $168 | +3.11 | $164 |
| Gross Loans ($M) | ▲ | $104 | +5.78 | $99 |
| Loan Growth YoY (%) | ▲ | 68.55% | +3.11 | 65.44% |
| Total Deposits ($M) | ▲ | $152 | +1.50 | $150 |
| Shareholders Equity ($M) | ▲ | $15 | +1.63 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.63 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.67 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 68.55% | +3.11 | 65.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.40% | +0.02 | 0.39% |
| Allowance / Loans (%) | — | 0.45% | 0.05% | 0.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.03 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.87% | +1.07 | 12.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 2.72% | 2.74% | 2.81% | 3.25% | 3.34% | 3.41% | 3.53% | 3.95% |
| ▁▁▂▄▄▄▅█ | Return on Assets (%) | 0.75% | 0.86% | 0.90% | 1.15% | 1.15% | 1.14% | 1.23% | 1.70% |
| █▅▆▅▄▅▄▁ | Efficiency Ratio (%) | 66.9% | 61.3% | 61.6% | 59.8% | 59.2% | 59.6% | 59.0% | 52.0% |
| ▇██▃▃▇▇▁ | Cost of Funds (%) | 1.47% | 1.56% | 1.57% | 1.23% | 1.25% | 1.45% | 1.46% | 1.08% |
| ▂▁▆▆▁█▆█ | NPA / Assets (%) | 0.36% | 0.35% | 0.39% | 0.39% | 0.34% | 0.40% | 0.38% | 0.40% |
| ▂▁▅▇▃▇▆█ | Net Charge-Off Ratio (%) | 0.50% | 0.46% | 0.55% | 0.60% | 0.52% | 0.61% | 0.58% | 0.63% |
| ▁▄▄▆▆▇██ | Tang. Book Value ($M) | $10 | $12 | $12 | $13 | $13 | $14 | $15 | $15 |
| ▁▇▆▁▄█▆▅ | Gross Loans ($M) | $100 | $106 | $105 | $99 | $103 | $108 | $105 | $104 |
| ▃▁▇▆▇█▆▇ | Total Deposits ($M) | $145 | $140 | $151 | $150 | $151 | $154 | $150 | $152 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 8% |
| Agricultural | 21% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 11% |