Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.00% | +0.11 | 0.89% |
| Return on Equity (%) | ▲ | 8.99% | +0.66 | 8.33% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.32 | 3.45% |
| Efficiency Ratio (%) | ▲ | 63.28% | -2.05 | 65.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.12 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $197 | +0.87 | $197 |
| Gross Loans ($M) | ▲ | $170 | +12.77 | $157 |
| Loan Growth YoY (%) | ▲ | 97.19% | +4.91 | 92.28% |
| Total Deposits ($M) | ▲ | $173 | +4.85 | $168 |
| Shareholders Equity ($M) | ▲ | $22 | +0.79 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +0.84 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 97.19% | +4.91 | 92.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.32 | 0.00% |
| Allowance / Loans (%) | — | 1.38% | -0.23% | 1.61% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.37 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.29% | -0.54 | 14.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▅█ | Net Interest Margin (%) | 3.28% | 3.29% | 3.29% | 3.45% | 3.49% | 3.56% | 3.56% | 3.77% |
| ▁▁▁▅▅▅▂█ | Return on Assets (%) | 0.78% | 0.76% | 0.77% | 0.89% | 0.90% | 0.91% | 0.80% | 1.00% |
| ▇█▇▄▄▄▅▁ | Efficiency Ratio (%) | 66.9% | 67.8% | 66.8% | 65.3% | 65.3% | 65.4% | 66.0% | 63.3% |
| █▇▇▃▄▃▂▁ | Cost of Funds (%) | 2.38% | 2.30% | 2.32% | 2.12% | 2.16% | 2.13% | 2.07% | 2.00% |
| ▃█▁▁▇▁▄▄ | NPA / Assets (%) | 0.25% | 0.80% | 0.05% | 0.00% | 0.68% | 0.00% | 0.33% | 0.32% |
| ▃█▁▁▇▁▄▃ | Net Charge-Off Ratio (%) | 0.30% | 1.00% | 0.07% | 0.00% | 0.83% | 0.00% | 0.40% | 0.37% |
| ▁▄▅▄▄▅▅█ | Tang. Book Value ($M) | $20 | $21 | $21 | $21 | $21 | $21 | $21 | $22 |
| █▆▅▃▄▁▃█ | Gross Loans ($M) | $170 | $164 | $162 | $157 | $158 | $150 | $157 | $170 |
| ██▅▃▂▁▃▇ | Total Deposits ($M) | $174 | $174 | $170 | $168 | $166 | $165 | $168 | $173 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 8% |