Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.65% | +0.01 | 0.64% |
| Return on Equity (%) | ▼ | 6.68% | -1.07 | 7.75% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.38 | 3.78% |
| Efficiency Ratio (%) | ▲ | 75.43% | -2.62 | 78.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 0.78% | -0.29 | 1.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $362 | -3.87 | $366 |
| Gross Loans ($M) | ▼ | $184 | -7.90 | $192 |
| Loan Growth YoY (%) | ▼ | 57.27% | -1.68 | 58.95% |
| Total Deposits ($M) | ▼ | $316 | -4.28 | $320 |
| Shareholders Equity ($M) | ▲ | $36 | +4.69 | $31 |
| Tang. Book Value ($M) | ▲ | $36 | +4.69 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +4.89 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 57.27% | -1.68 | 58.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.17% | +1.15 | 0.02% |
| Allowance / Loans (%) | — | 1.42% | 0.03% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 2.31% | +2.27 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.26% | +2.56 | 15.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▁▄▂▅█ | Net Interest Margin (%) | 3.76% | 3.82% | 3.85% | 3.78% | 3.92% | 3.85% | 3.96% | 4.16% |
| ▂▄█▁▆▄█▁ | Return on Assets (%) | 0.68% | 0.74% | 0.86% | 0.64% | 0.80% | 0.75% | 0.85% | 0.65% |
| ▇▄▁█▂▃▁▅ | Efficiency Ratio (%) | 76.7% | 74.9% | 72.9% | 78.1% | 73.8% | 74.4% | 72.5% | 75.4% |
| ██▇▆▅▂▁▁ | Cost of Funds (%) | 1.21% | 1.19% | 1.12% | 1.07% | 1.01% | 0.88% | 0.81% | 0.78% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.03% | 0.01% | 0.03% | 0.02% | 0.04% | 1.22% | 1.15% | 1.17% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.06% | 0.01% | 0.06% | 0.04% | 0.07% | 2.38% | 2.29% | 2.31% |
| ▁▂▃▄▆▇██ | Tang. Book Value ($M) | $27 | $29 | $29 | $31 | $32 | $34 | $35 | $36 |
| ██▃▃▆▄▂▁ | Gross Loans ($M) | $204 | $206 | $191 | $192 | $197 | $194 | $187 | $184 |
| ▂▆▄▃▄█▅▁ | Total Deposits ($M) | $320 | $328 | $324 | $320 | $324 | $333 | $325 | $316 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 24% |
| Agricultural | 13% |
| Consumer | 19% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 5% |