Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.14 | 1.33% |
| Return on Equity (%) | ▲ | 13.72% | +0.17 | 13.55% |
| Net Interest Margin (%) | ▲ | 4.44% | +0.27 | 4.17% |
| Efficiency Ratio (%) | ▼ | 64.94% | +0.97 | 63.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.87% | -0.08 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $171 | +7.10 | $164 |
| Gross Loans ($M) | ▲ | $128 | +7.09 | $121 |
| Loan Growth YoY (%) | ▲ | 87.50% | +3.80 | 83.69% |
| Total Deposits ($M) | ▲ | $144 | +1.66 | $143 |
| Shareholders Equity ($M) | ▲ | $18 | +1.49 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.49 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 87.50% | +3.80 | 83.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.69% | -0.33 | 1.02% |
| Allowance / Loans (%) | — | 1.56% | 0.09% | 1.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.57% | -0.49 | 1.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▂▁▁▅▇█ | Net Interest Margin (%) | 4.22% | 4.22% | 4.21% | 4.17% | 4.15% | 4.30% | 4.38% | 4.44% |
| █▆▅▁▁▁▁▂ | Return on Assets (%) | 3.53% | 2.71% | 2.44% | 1.33% | 1.15% | 1.28% | 1.31% | 1.47% |
| ▁▃▄▇████ | Efficiency Ratio (%) | 41.8% | 49.3% | 52.5% | 64.0% | 67.9% | 65.3% | 65.0% | 64.9% |
| ▄██▄▁▆▆▂ | Cost of Funds (%) | 1.95% | 2.09% | 2.13% | 1.95% | 1.79% | 2.03% | 2.00% | 1.87% |
| ▁▆▁▄█▃▁▂ | NPA / Assets (%) | 0.55% | 1.24% | 0.42% | 1.02% | 1.68% | 0.77% | 0.51% | 0.69% |
| ▃▇▁▄█▂▁▂ | Net Charge-Off Ratio (%) | 0.72% | 1.57% | 0.23% | 1.06% | 1.98% | 0.64% | 0.33% | 0.57% |
| ▃▆▁▃▄▇██ | Tang. Book Value ($M) | $17 | $18 | $16 | $17 | $17 | $18 | $18 | $18 |
| ▂▇▃▁▅▃▃█ | Gross Loans ($M) | $122 | $126 | $123 | $121 | $125 | $123 | $124 | $128 |
| ▁▁▅▇▆▆▅█ | Total Deposits ($M) | $136 | $135 | $140 | $143 | $141 | $142 | $140 | $144 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 18% |