Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.14 | 0.53% |
| Return on Equity (%) | ▲ | 9.57% | +1.09 | 8.48% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.51 | 3.04% |
| Efficiency Ratio (%) | ▲ | 75.88% | -5.71 | 81.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 0.78% | -0.08 | 0.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $399 | +10.34 | $388 |
| Gross Loans ($M) | ▲ | $238 | +14.71 | $224 |
| Loan Growth YoY (%) | ▲ | 64.48% | +2.88 | 61.61% |
| Total Deposits ($M) | ▲ | $365 | +6.74 | $358 |
| Shareholders Equity ($M) | ▲ | $28 | +3.33 | $25 |
| Tang. Book Value ($M) | ▲ | $28 | +3.35 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.25 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 64.48% | +2.88 | 61.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.01 | 0.34% |
| Allowance / Loans (%) | — | 1.25% | -0.05% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.00 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.05% | -0.87 | 13.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▆█ | Net Interest Margin (%) | 2.68% | 2.75% | 2.80% | 3.04% | 3.15% | 3.26% | 3.30% | 3.55% |
| ▁▂▂▆▆▇▇█ | Return on Assets (%) | 0.26% | 0.32% | 0.37% | 0.53% | 0.52% | 0.61% | 0.59% | 0.67% |
| █▇▆▅▅▃▃▁ | Efficiency Ratio (%) | 87.2% | 84.9% | 83.6% | 81.6% | 81.7% | 79.7% | 79.4% | 75.9% |
| █▇▆▃▂▂▁▂ | Cost of Funds (%) | 1.14% | 1.08% | 1.01% | 0.86% | 0.82% | 0.78% | 0.72% | 0.78% |
| ▄▁▆▆██▇▇ | NPA / Assets (%) | 0.32% | 0.29% | 0.34% | 0.34% | 0.36% | 0.36% | 0.35% | 0.35% |
| ▆▁▇▆██▆▇ | Net Charge-Off Ratio (%) | 0.58% | 0.50% | 0.60% | 0.58% | 0.62% | 0.62% | 0.59% | 0.59% |
| ▁▃▂▄▆▇██ | Tang. Book Value ($M) | $22 | $24 | $24 | $25 | $26 | $27 | $28 | $28 |
| ▁▂▂▃▅▆██ | Gross Loans ($M) | $217 | $222 | $223 | $224 | $231 | $232 | $240 | $238 |
| ▅▁▅▃▇▄▁█ | Total Deposits ($M) | $361 | $356 | $361 | $358 | $364 | $360 | $356 | $365 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 1% |