Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.59% | +0.16 | 1.43% |
| Return on Equity (%) | ▲ | 18.37% | +0.19 | 18.18% |
| Net Interest Margin (%) | ▲ | 4.36% | +0.14 | 4.22% |
| Efficiency Ratio (%) | ▲ | 59.27% | -2.31 | 61.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▼ | 1.44% | +0.00 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $204 | +3.71 | $201 |
| Gross Loans ($M) | ▲ | $137 | +5.84 | $131 |
| Loan Growth YoY (%) | ▲ | 72.78% | +2.43 | 70.35% |
| Total Deposits ($M) | ▲ | $186 | +1.89 | $184 |
| Shareholders Equity ($M) | ▲ | $17 | +1.50 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +1.50 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.44 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 72.78% | +2.43 | 70.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.28 | 0.03% |
| Allowance / Loans (%) | — | 0.90% | -0.04% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.34 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▆█▁▁▄██ | Net Interest Margin (%) | 4.27% | 4.32% | 4.35% | 4.22% | 4.24% | 4.28% | 4.35% | 4.36% |
| ██▇▁▂▃▆▃ | Return on Assets (%) | 1.88% | 1.88% | 1.79% | 1.43% | 1.53% | 1.57% | 1.73% | 1.59% |
| ▁▁▂█▇▇▄▆ | Efficiency Ratio (%) | 53.8% | 53.9% | 55.3% | 61.6% | 60.2% | 60.0% | 57.5% | 59.3% |
| ▁▃▇▆██▇▆ | Cost of Funds (%) | 1.34% | 1.39% | 1.47% | 1.44% | 1.49% | 1.48% | 1.45% | 1.44% |
| ▅▃▇▁█▅▁█ | NPA / Assets (%) | 0.19% | 0.11% | 0.25% | 0.03% | 0.31% | 0.18% | 0.06% | 0.31% |
| ▄▁▇▁█▄▂▇ | Net Charge-Off Ratio (%) | 0.19% | 0.00% | 0.39% | 0.05% | 0.47% | 0.23% | 0.10% | 0.39% |
| ▂▄▃▁▂▅█▄ | Tang. Book Value ($M) | $14 | $15 | $15 | $14 | $15 | $16 | $18 | $15 |
| ▁▅▅▅▇█▇█ | Gross Loans ($M) | $123 | $130 | $131 | $131 | $135 | $135 | $134 | $137 |
| ▁▄▃▃▁█▅▅ | Total Deposits ($M) | $181 | $186 | $184 | $184 | $182 | $190 | $186 | $186 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 19% |
| Agricultural | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 7% |