Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.14 | 0.45% |
| Return on Equity (%) | ▲ | 7.45% | +1.30 | 6.15% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.47 | 3.55% |
| Efficiency Ratio (%) | ▲ | 79.08% | -2.75 | 81.83% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 1.12% | -0.01 | 1.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $316 | +11.10 | $305 |
| Gross Loans ($M) | ▲ | $191 | +22.39 | $168 |
| Loan Growth YoY (%) | ▲ | 68.87% | +8.94 | 59.93% |
| Total Deposits ($M) | ▼ | $272 | -4.42 | $277 |
| Shareholders Equity ($M) | ▲ | $25 | +2.11 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +2.19 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.10 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 68.87% | +8.94 | 59.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -1.17 | 1.85% |
| Allowance / Loans (%) | — | 1.78% | 0.18% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.31% | -3.04 | 3.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.60 | 13.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 3.03% | 3.11% | 3.21% | 3.55% | 3.60% | 3.69% | 3.81% | 4.02% |
| ▁▂▃▁▂▅█▆ | Return on Assets (%) | 0.47% | 0.50% | 0.53% | 0.45% | 0.50% | 0.57% | 0.67% | 0.59% |
| █▇▆█▆▃▁▆ | Efficiency Ratio (%) | 82.5% | 80.8% | 79.5% | 81.8% | 79.1% | 75.9% | 72.4% | 79.1% |
| █▇▇▂▂▁▁▂ | Cost of Funds (%) | 1.47% | 1.40% | 1.37% | 1.13% | 1.08% | 1.02% | 1.05% | 1.12% |
| ▁▂▆█▂▇▂▂ | NPA / Assets (%) | 0.50% | 0.67% | 1.45% | 1.85% | 0.68% | 1.66% | 0.70% | 0.68% |
| ▂▃▇█▁▆▁▁ | Net Charge-Off Ratio (%) | 1.01% | 1.40% | 2.78% | 3.35% | 0.45% | 2.32% | 0.50% | 0.31% |
| ▁▄▃▅▅▇██ | Tang. Book Value ($M) | $20 | $23 | $22 | $23 | $23 | $24 | $25 | $25 |
| ▁▂▁▃▆▇██ | Gross Loans ($M) | $160 | $165 | $161 | $168 | $181 | $185 | $191 | $191 |
| ▁█▃▂▁█▂▁ | Total Deposits ($M) | $274 | $303 | $282 | $277 | $274 | $303 | $280 | $272 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 12% |
| Agricultural | 5% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 6% |