Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.85 | 1.05% |
| Return on Equity (%) | ▲ | 20.83% | +8.49 | 12.34% |
| Net Interest Margin (%) | ▲ | 4.91% | +0.45 | 4.45% |
| Efficiency Ratio (%) | ▲ | 58.75% | -18.73 | 77.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $0 |
| Cost of Funds (%) | ▲ | 1.51% | -0.22 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $111 | +10.11 | $101 |
| Gross Loans ($M) | ▲ | $94 | +10.28 | $84 |
| Loan Growth YoY (%) | ▲ | 113.09% | +10.59 | 102.50% |
| Total Deposits ($M) | ▲ | $83 | +1.50 | $81 |
| Shareholders Equity ($M) | ▲ | $10 | +1.19 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +1.22 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 113.09% | +10.59 | 102.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.11 | 0.17% |
| Allowance / Loans (%) | — | 0.85% | -0.11% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.12 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.71% | -0.13 | 12.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▆█ | Net Interest Margin (%) | 4.14% | 4.19% | 4.18% | 4.45% | 4.55% | 4.62% | 4.69% | 4.91% |
| ▁▁▁▄▃▄▄█ | Return on Assets (%) | 0.45% | 0.50% | 0.53% | 1.05% | 0.88% | 1.05% | 1.03% | 1.91% |
| ███▅▆▅▆▁ | Efficiency Ratio (%) | 89.4% | 88.2% | 87.8% | 77.5% | 81.2% | 77.6% | 78.3% | 58.7% |
| ▇█▇▅▃▅▂▁ | Cost of Funds (%) | 1.82% | 1.90% | 1.80% | 1.73% | 1.65% | 1.71% | 1.58% | 1.51% |
| █▁▂▁▂▂▁▁ | NPA / Assets (%) | 2.37% | 0.25% | 0.45% | 0.17% | 0.51% | 0.56% | 0.39% | 0.28% |
| █▁▂▁▂▂▁▁ | Net Charge-Off Ratio (%) | 2.92% | 0.31% | 0.56% | 0.21% | 0.61% | 0.67% | 0.46% | 0.33% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $8 | $8 | $8 | $8 | $9 | $9 | $9 | $10 |
| ▁▁▂▃▅▄▅█ | Gross Loans ($M) | $80 | $79 | $82 | $84 | $87 | $86 | $89 | $94 |
| ▂▁▄▇▆▄▃█ | Total Deposits ($M) | $76 | $75 | $78 | $81 | $80 | $79 | $77 | $83 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 6% |
| Agricultural | 13% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |