Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.34% | +0.10 | 2.24% |
| Return on Equity (%) | ▲ | 24.96% | +2.02 | 22.94% |
| Net Interest Margin (%) | ▼ | 4.85% | -0.07 | 4.91% |
| Efficiency Ratio (%) | ▲ | 54.11% | -2.55 | 56.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.03 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $227 | +9.27 | $218 |
| Gross Loans ($M) | ▲ | $116 | +3.59 | $113 |
| Loan Growth YoY (%) | ▼ | 56.20% | -0.90 | 57.11% |
| Total Deposits ($M) | ▲ | $204 | +9.28 | $194 |
| Shareholders Equity ($M) | ▼ | $22 | -0.04 | $22 |
| Tang. Book Value ($M) | ▼ | $22 | -0.04 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +0.30 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 56.20% | -0.90 | 57.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.48 | 0.29% |
| Allowance / Loans (%) | — | 1.53% | 0.06% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +0.97 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.33% | -0.24 | 22.56% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▃▇▂▂▁▆ | Net Interest Margin (%) | 4.97% | 4.87% | 4.68% | 4.91% | 4.67% | 4.66% | 4.57% | 4.85% |
| ▇▆▂▇▄▃▁█ | Return on Assets (%) | 2.25% | 2.09% | 1.75% | 2.24% | 1.93% | 1.90% | 1.63% | 2.34% |
| ▂▄▇▃▆▆█▁ | Efficiency Ratio (%) | 56.4% | 58.5% | 62.4% | 56.7% | 60.5% | 60.7% | 63.7% | 54.1% |
| ▆█▅▂▄▆▁▁ | Cost of Funds (%) | 1.67% | 1.71% | 1.64% | 1.59% | 1.62% | 1.66% | 1.57% | 1.56% |
| ▁▁▁▂▁▅▆█ | NPA / Assets (%) | 0.22% | 0.21% | 0.21% | 0.29% | 0.25% | 0.54% | 0.60% | 0.77% |
| ▁▁▁▂▁▅▇█ | Net Charge-Off Ratio (%) | 0.20% | 0.20% | 0.27% | 0.41% | 0.22% | 0.86% | 1.16% | 1.38% |
| ▁▃▁▄▆█▂▄ | Tang. Book Value ($M) | $21 | $22 | $21 | $22 | $23 | $24 | $21 | $22 |
| █▄▁▅█▇▃▆ | Gross Loans ($M) | $123 | $112 | $102 | $113 | $123 | $119 | $109 | $116 |
| ▁▁▅▄▄▄█▆ | Total Deposits ($M) | $183 | $183 | $198 | $194 | $196 | $197 | $212 | $204 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 7% |
| Agricultural | 26% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 24% |