Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.31% | -0.00 | 1.31% |
| Return on Equity (%) | ▼ | 15.56% | -2.88 | 18.44% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.06 | 3.73% |
| Efficiency Ratio (%) | ▼ | 64.51% | +0.85 | 63.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.38% | -0.07 | 1.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $280 | +4.23 | $275 |
| Gross Loans ($M) | ▲ | $168 | +3.10 | $165 |
| Loan Growth YoY (%) | ▲ | 66.93% | +0.45 | 66.49% |
| Total Deposits ($M) | ▲ | $246 | +2.76 | $243 |
| Shareholders Equity ($M) | ▲ | $23 | +3.43 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +3.43 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +3.65 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 66.93% | +0.45 | 66.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 2.07% | 0.06% | 2.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.01 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.56% | +0.63 | 15.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▇████ | Net Interest Margin (%) | 3.39% | 3.44% | 3.51% | 3.73% | 3.80% | 3.82% | 3.84% | 3.80% |
| ▁▁▃▇▇██▇ | Return on Assets (%) | 1.04% | 1.05% | 1.15% | 1.31% | 1.34% | 1.35% | 1.39% | 1.31% |
| ██▅▂▂▂▁▃ | Efficiency Ratio (%) | 68.1% | 68.3% | 66.0% | 63.7% | 63.6% | 63.5% | 62.8% | 64.5% |
| ▅██▄▄▃▂▁ | Cost of Funds (%) | 1.48% | 1.55% | 1.53% | 1.45% | 1.46% | 1.43% | 1.42% | 1.38% |
| █▄▂▃▂▁▅▁ | NPA / Assets (%) | 0.03% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.02% | 0.01% |
| █▃▂▃▂▁▆▁ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.03% | 0.01% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $17 | $20 | $18 | $20 | $20 | $22 | $23 | $23 |
| ▆█▇▄▁▄▇▇ | Gross Loans ($M) | $166 | $169 | $168 | $165 | $162 | $165 | $168 | $168 |
| ▂▁▃█▄▄▆█ | Total Deposits ($M) | $227 | $222 | $229 | $243 | $232 | $234 | $240 | $246 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 5% |
| Agricultural | 12% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 6% |