Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.62 | 0.62% |
| Return on Equity (%) | ▲ | 10.90% | +5.22 | 5.68% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.63 | 3.18% |
| Efficiency Ratio (%) | ▲ | 59.97% | -17.60 | 77.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $0 |
| Cost of Funds (%) | ▲ | 1.59% | -0.31 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $144 | +5.74 | $139 |
| Gross Loans ($M) | ▲ | $95 | +7.99 | $87 |
| Loan Growth YoY (%) | ▲ | 73.16% | +3.93 | 69.22% |
| Total Deposits ($M) | ▲ | $128 | +4.43 | $123 |
| Shareholders Equity ($M) | ▲ | $16 | +1.27 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.27 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.29 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 73.16% | +3.93 | 69.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.08 | 0.24% |
| Allowance / Loans (%) | — | 1.14% | -0.22% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.16 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▃▁▂▄▅█ | Net Interest Margin (%) | 3.28% | 3.29% | 3.34% | 3.18% | 3.32% | 3.44% | 3.54% | 3.81% |
| ▄▄▃▁▂▄▅█ | Return on Assets (%) | 0.87% | 0.86% | 0.85% | 0.62% | 0.76% | 0.87% | 0.95% | 1.25% |
| ▄▄▅█▆▅▄▁ | Efficiency Ratio (%) | 68.6% | 68.6% | 69.5% | 77.6% | 72.6% | 69.1% | 66.8% | 60.0% |
| ▆█▆▆▅▄▃▁ | Cost of Funds (%) | 1.89% | 2.01% | 1.90% | 1.91% | 1.83% | 1.76% | 1.72% | 1.59% |
| ▆▁▁▃▃█▇▁ | NPA / Assets (%) | 0.40% | 0.13% | 0.13% | 0.24% | 0.23% | 0.50% | 0.45% | 0.16% |
| ▆▁▁▃▃█▇▁ | Net Charge-Off Ratio (%) | 0.58% | 0.20% | 0.19% | 0.38% | 0.35% | 0.75% | 0.66% | 0.22% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $15 | $16 | $16 | $16 |
| ▁▂▃▁▃▆██ | Gross Loans ($M) | $87 | $88 | $89 | $87 | $89 | $92 | $94 | $95 |
| ▁▂▃▆▆▆▆█ | Total Deposits ($M) | $110 | $113 | $116 | $123 | $123 | $121 | $122 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 6% |
| Agricultural | 9% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 11% |