Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.88% | +0.10 | 2.78% |
| Return on Equity (%) | ▲ | 16.49% | +0.18 | 16.31% |
| Net Interest Margin (%) | ▼ | 4.41% | -0.02 | 4.43% |
| Efficiency Ratio (%) | ▲ | 36.05% | -2.84 | 38.89% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.03% | -0.14 | 1.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $138 | +10.76 | $127 |
| Gross Loans ($M) | ▲ | $84 | +4.17 | $80 |
| Loan Growth YoY (%) | ▼ | 73.34% | -1.85 | 75.18% |
| Total Deposits ($M) | ▲ | $114 | +8.34 | $106 |
| Shareholders Equity ($M) | ▲ | $24 | +2.43 | $21 |
| Tang. Book Value ($M) | ▲ | $24 | +2.43 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.75 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 73.34% | -1.85 | 75.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.34 | 0.35% |
| Allowance / Loans (%) | — | 0.83% | -0.04% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.55 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 28.70% | +1.31 | 27.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▂▃▁▄▃█▁ | Net Interest Margin (%) | 4.51% | 4.45% | 4.48% | 4.43% | 4.52% | 4.49% | 4.63% | 4.41% |
| ▆▅▁▄▇██▇ | Return on Assets (%) | 2.85% | 2.82% | 2.68% | 2.78% | 2.89% | 2.93% | 2.92% | 2.88% |
| ▄▃█▄▃▁▄▁ | Efficiency Ratio (%) | 38.5% | 38.2% | 41.9% | 38.9% | 37.6% | 36.3% | 38.4% | 36.0% |
| ▇██▆▃▃▃▁ | Cost of Funds (%) | 1.18% | 1.21% | 1.22% | 1.17% | 1.09% | 1.08% | 1.08% | 1.03% |
| ██▇▇▇▆▂▁ | NPA / Assets (%) | 0.42% | 0.38% | 0.37% | 0.35% | 0.33% | 0.31% | 0.06% | 0.00% |
| ███▇▇▇▂▁ | Net Charge-Off Ratio (%) | 0.64% | 0.60% | 0.56% | 0.55% | 0.53% | 0.50% | 0.10% | 0.00% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $20 | $21 | $21 | $21 | $22 | $23 | $24 | $24 |
| ▁▁▃▄▄▆▇█ | Gross Loans ($M) | $78 | $78 | $80 | $80 | $81 | $83 | $83 | $84 |
| ▁▂▂▄▅▆▇█ | Total Deposits ($M) | $98 | $102 | $101 | $106 | $107 | $109 | $111 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 34% |
| C&I / Commercial | 60% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 14% |