Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.32% | +0.38 | 1.93% |
| Return on Equity (%) | ▲ | 18.69% | +2.58 | 16.11% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.27 | 4.04% |
| Efficiency Ratio (%) | ▲ | 44.11% | -7.84 | 51.95% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.50 | $1 |
| Cost of Funds (%) | ▲ | 1.96% | -0.07 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +28.88 | $275 |
| Gross Loans ($M) | ▲ | $226 | +30.24 | $196 |
| Loan Growth YoY (%) | ▲ | 88.90% | +3.28 | 85.62% |
| Total Deposits ($M) | ▲ | $253 | +25.09 | $228 |
| Shareholders Equity ($M) | ▲ | $38 | +4.26 | $34 |
| Tang. Book Value ($M) | ▲ | $38 | +4.27 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +4.20 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 88.90% | +3.28 | 85.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.14 | 0.52% |
| Allowance / Loans (%) | — | 0.75% | 0.13% | 0.63% |
| Net Charge-Off Ratio (%) | ▼ | 0.89% | +0.16 | 0.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇██ | Net Interest Margin (%) | 3.81% | 3.85% | 3.88% | 4.04% | 4.16% | 4.21% | 4.27% | 4.31% |
| ▂▃▁▃▄▄▂█ | Return on Assets (%) | 1.86% | 1.90% | 1.74% | 1.93% | 1.98% | 2.01% | 1.85% | 2.32% |
| ▇▆█▅▃▄▇▁ | Efficiency Ratio (%) | 54.9% | 53.7% | 57.3% | 51.9% | 48.3% | 49.3% | 54.4% | 44.1% |
| ▅█▇▃▁▁▃▁ | Cost of Funds (%) | 2.10% | 2.19% | 2.15% | 2.04% | 1.98% | 1.99% | 2.04% | 1.96% |
| ▃▁▃▅▇▃▇█ | NPA / Assets (%) | 0.42% | 0.31% | 0.42% | 0.52% | 0.60% | 0.41% | 0.61% | 0.66% |
| ▃▁▃▆█▂▇█ | Net Charge-Off Ratio (%) | 0.59% | 0.43% | 0.58% | 0.73% | 0.85% | 0.54% | 0.82% | 0.89% |
| ▁▂▁▃▅▅▆█ | Tang. Book Value ($M) | $32 | $32 | $31 | $34 | $35 | $35 | $36 | $38 |
| ▁▁▃▃▄▇██ | Gross Loans ($M) | $179 | $183 | $192 | $196 | $202 | $217 | $221 | $226 |
| ▁▁▃▄▆▅▇█ | Total Deposits ($M) | $204 | $206 | $221 | $228 | $235 | $234 | $241 | $253 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 8% |
| Agricultural | 12% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |