Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.94% | +0.22 | 1.72% |
| Return on Equity (%) | ▲ | 19.25% | +0.27 | 18.98% |
| Net Interest Margin (%) | ▲ | 4.62% | +0.39 | 4.23% |
| Efficiency Ratio (%) | ▲ | 53.62% | -0.04 | 53.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.81% | -0.29 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $289 | +9.27 | $280 |
| Gross Loans ($M) | ▲ | $219 | +9.48 | $209 |
| Loan Growth YoY (%) | ▲ | 83.48% | +2.01 | 81.46% |
| Total Deposits ($M) | ▲ | $258 | +5.15 | $253 |
| Shareholders Equity ($M) | ▲ | $29 | +3.72 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +3.88 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 83.48% | +2.01 | 81.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.14 | 0.20% |
| Allowance / Loans (%) | — | 1.43% | -0.03% | 1.46% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.18 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.66% | +0.95 | 12.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 3.83% | 3.88% | 3.95% | 4.23% | 4.36% | 4.42% | 4.50% | 4.62% |
| ▁▃▂▄▅███ | Return on Assets (%) | 1.47% | 1.64% | 1.54% | 1.72% | 1.78% | 1.91% | 1.97% | 1.94% |
| █▅▇▃▃▁▁▃ | Efficiency Ratio (%) | 58.1% | 55.4% | 56.9% | 53.7% | 54.0% | 52.1% | 52.1% | 53.6% |
| ██▆▄▄▄▃▁ | Cost of Funds (%) | 2.49% | 2.51% | 2.33% | 2.10% | 2.16% | 2.15% | 2.02% | 1.81% |
| ▇▃▁█▁▁▁▁ | NPA / Assets (%) | 0.17% | 0.10% | 0.07% | 0.20% | 0.05% | 0.05% | 0.06% | 0.06% |
| ▇▃▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.23% | 0.12% | 0.09% | 0.26% | 0.07% | 0.07% | 0.07% | 0.08% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $22 | $24 | $24 | $25 | $26 | $27 | $28 | $29 |
| ▁▁▂▂▂▅█▇ | Gross Loans ($M) | $207 | $209 | $211 | $209 | $211 | $215 | $222 | $219 |
| ▁▁▃▆▅█▆█ | Total Deposits ($M) | $243 | $242 | $248 | $253 | $252 | $259 | $254 | $258 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 11% |
| Agricultural | 9% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 9% |