Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.38 | 0.75% |
| Return on Equity (%) | ▲ | 14.79% | +3.74 | 11.05% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.31 | 3.29% |
| Efficiency Ratio (%) | ▲ | 69.05% | -8.67 | 77.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $0 |
| Cost of Funds (%) | ▲ | 1.38% | -0.23 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $252 | +27.71 | $224 |
| Gross Loans ($M) | ▲ | $144 | +19.55 | $124 |
| Loan Growth YoY (%) | ▲ | 60.97% | +2.21 | 58.76% |
| Total Deposits ($M) | ▲ | $232 | +24.49 | $207 |
| Shareholders Equity ($M) | ▲ | $19 | +3.29 | $16 |
| Tang. Book Value ($M) | ▲ | $19 | +3.45 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +4.05 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 60.97% | +2.21 | 58.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.55% | -0.20 | 0.75% |
| Allowance / Loans (%) | — | 1.62% | -0.23% | 1.85% |
| Net Charge-Off Ratio (%) | ▲ | 0.82% | -0.54 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅▅▆█ | Net Interest Margin (%) | 2.97% | 2.96% | 3.00% | 3.29% | 3.34% | 3.36% | 3.39% | 3.60% |
| ▂█▄▁▂▃▃▇ | Return on Assets (%) | 0.82% | 1.21% | 0.96% | 0.75% | 0.81% | 0.88% | 0.89% | 1.13% |
| ▅▁▄█▇▅▅▃ | Efficiency Ratio (%) | 71.7% | 65.1% | 69.9% | 77.7% | 75.2% | 72.8% | 72.6% | 69.1% |
| ▄█▇▄▄▆▃▁ | Cost of Funds (%) | 1.66% | 1.94% | 1.81% | 1.61% | 1.59% | 1.74% | 1.52% | 1.38% |
| ▂▂▄█▇▃▁▁ | NPA / Assets (%) | 0.58% | 0.58% | 0.63% | 0.75% | 0.71% | 0.61% | 0.57% | 0.55% |
| ▄▄▅█▇▄▃▁ | Net Charge-Off Ratio (%) | 1.09% | 1.03% | 1.15% | 1.36% | 1.25% | 1.08% | 1.02% | 0.82% |
| ▁▁▁▃▃▇██ | Tang. Book Value ($M) | $15 | $15 | $14 | $16 | $16 | $18 | $19 | $19 |
| ▁▃▃▂▅▆▇█ | Gross Loans ($M) | $119 | $126 | $125 | $124 | $134 | $136 | $140 | $144 |
| ▁▁▃▁▄▅██ | Total Deposits ($M) | $207 | $209 | $214 | $207 | $219 | $222 | $231 | $232 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 9% |
| Agricultural | 13% |
| Consumer | 8% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 15% |