Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.12% | +0.11 | 1.01% |
| Return on Equity (%) | ▼ | 13.62% | -0.61 | 14.23% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.10 | 3.70% |
| Efficiency Ratio (%) | ▲ | 70.17% | -0.72 | 70.89% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.28% | -0.15 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $128 | +4.99 | $123 |
| Gross Loans ($M) | ▼ | $84 | -0.63 | $85 |
| Loan Growth YoY (%) | ▼ | 75.70% | -3.11 | 78.81% |
| Total Deposits ($M) | ▲ | $110 | +3.67 | $106 |
| Shareholders Equity ($M) | ▲ | $10 | +1.39 | $9 |
| Tang. Book Value ($M) | ▲ | $9 | +1.39 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +1.30 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 75.70% | -3.11 | 78.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Allowance / Loans (%) | — | 0.92% | -0.11% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.01 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.54% | +0.40 | 12.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▆▆▇██ | Net Interest Margin (%) | 3.41% | 3.52% | 3.61% | 3.70% | 3.70% | 3.75% | 3.80% | 3.80% |
| ▁▃▅▆█▇██ | Return on Assets (%) | 0.76% | 0.86% | 0.96% | 1.01% | 1.11% | 1.07% | 1.08% | 1.12% |
| █▆▄▂▁▂▂▂ | Efficiency Ratio (%) | 77.0% | 74.5% | 72.0% | 70.9% | 68.9% | 70.0% | 70.0% | 70.2% |
| ▆▆█▆▆█▅▁ | Cost of Funds (%) | 1.42% | 1.43% | 1.46% | 1.43% | 1.43% | 1.49% | 1.39% | 1.28% |
| ▂▅▁▁██▇▁ | NPA / Assets (%) | 0.05% | 0.10% | 0.04% | 0.04% | 0.16% | 0.15% | 0.14% | 0.03% |
| ▁▁▁▁█▇▇▁ | Net Charge-Off Ratio (%) | 0.07% | 0.06% | 0.05% | 0.05% | 0.23% | 0.21% | 0.20% | 0.05% |
| ▁▄▃▄▅▇██ | Tang. Book Value ($M) | $7 | $8 | $8 | $8 | $8 | $9 | $9 | $9 |
| ▁▆▄▆▂██▄ | Gross Loans ($M) | $83 | $85 | $84 | $85 | $84 | $86 | $86 | $84 |
| ▃▃▂▅▄▃▁█ | Total Deposits ($M) | $104 | $104 | $104 | $106 | $106 | $105 | $102 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 20% |
| Agricultural | 5% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 11% |